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Ulster
11 Scheffel Lane
$124,100
● House - Off Market

11 Scheffel Lane

Ulster, NY 12475
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,068 Ft²
$109,214
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Looking for that "Quiet Country Getaway" Project?  Your search will be over after you get a look at this 3 bedroom, 1 bath, Ranch.  Located on a dead-end country road, yet it's conveniently located within 15 minutes of Woodstock, Saugerties, I-87 and mall shopping. There is work to be done here, so only cash or renovation loan financing will suffice.  Sold as-is. Buyer to pay NYS and any local transfer taxes.  **Please see agent remarks for access, showing instructions and offer presentation remarks.** Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
1,068 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$103
Property Type
House
Property Taxes
$482
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (OneKey MLS #KEYH6247767)

Price History

Date / Event Date Event Price
Sep 19, 2023 Sold
Premium
Sold
Jun 5, 2023 In contract -
In contract
May 22, 2023 Listed by River Realty Services, Inc. $109,900
Listed by River Realty Services, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 384
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 1,068
  • Building Area: 1,068
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,068
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Kingston City School District
  • School Tax School District: KINGSTON
  • Census Tract: 951500

Zoning

  • Zoning: 32

Geography

  • Account Number: 137168.000
  • District: 515400
  • Section: 39.07
  • Parcel: 515400 39.7-2-24
  • Block: 2
  • Lot: 24.000
  • Municipality: ULSTER
  • Latitude: 42.0153
  • Longitude: -74.009

    Address

  • Full Address: 11 Scheffel Ln
  • Address - House Number: 11
  • Address - Street Name: Scheffel
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Ruby
  • Zip Code: 12475

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $709,636
  • Tax Rate Code Area: 510800

    Appraisal Valuation

  • Standard Deviation: 0.1152
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 87
  • Final Value: 108,465
  • High Value: 120,970
  • Low Value: 95,960

    Market Valuation

  • Market Total Value: $254,800
  • Market Land Value: $58,600
  • Market Improvement Value: $196,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,400
  • Assessed Land Value: $29,300
  • Assessed Improvements Value: $98,100

    Sales

  • Current Sale Contract Date: Aug 30, 2023
  • Current Sale Recording Date: Oct 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-11617
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ulster

Stats & Trends

Median Asking:

$490,000

Sale Price/ft²

$284

Below Asking

0.02%

Average Days on Market

87

Average Home Size

7522 ft²

Average Home Age

67.6 years

Currently For Sale

545 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 183 Main Street, Kingston, NY, 12449

$2,950 /mo

  • 3 Beds
  • 1 Bath
  • 1,080 ft²
183 Main Street, Kingston, NY, 12449 Listing by Robert Hanson

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 11 Scheffel Lane built and last sold?
The property at 11 Scheffel Lane was built in 1970 and last sold on Aug 30, 2023 for $124,100.
How much is this home worth?
The estimated value of the home located at 11 Scheffel Lane is $123,548.
What are some comparable homes to 11 Scheffel Lane?
There are currently no comparable homes to 11 Scheffel Lane.
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