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Putnam 10541
110 Spring Road
$200,000
● House - Off Market

110 Spring Road

Carmel, NY 10541
bedrooms
2 Beds
bathrooms
1 Bath
square feet
625 Ft²
$1,566
Est. Monthly

About This Property

Calling all contractors and design enthusiasts! Help bring this 1930's bungalow back to life! Nestled in the heart of Lake Secor, this 2 bed/1 bath home makes for a perfect starter home or weekend getaway. Level backyard, quick walk to the beach, and endless opportunities! Close to shopping, dining, and just minutes from Taconic State Parkway. As is. AO
Unit Size
625 Ft²
Days on Market
204 days
Land Size
0.09 acres
Price per sqft
$360
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
1938

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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 #KEYH6257700)

Price History

Date / Event Date Event Price
Jan 23, 2024 Sold
Premium
Sold
Dec 15, 2023 Sold
Premium
Sold
Jul 2, 2023 Listed by Coldwell Banker Realty $225,000
Listed by Coldwell Banker Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 400
  • Total Building Area: 625
  • Building Area: 625
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 625
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000091
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Mahopac Central School District
  • School Tax School District: MAHOPAC
  • Census Tract: 011100

Zoning

  • Zoning: R

Geography

  • Account Number: 243700
  • District: 372000
  • Section: 74.35
  • Parcel: 372000 74.35-1-35
  • Block: 1
  • Lot: 35.000
  • Municipality: CARMEL
  • Latitude: 41.3734
  • Longitude: -73.7882

    Address

  • Full Address: 110 Spring Rd
  • Address - House Number: 110
  • Address - Street Name: Spring
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Mahopac
  • Carrier Code: C001
  • 4-Digit Zip Code: 1318
  • Zip Code: 10541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $498,905
  • Tax Rate Code Area: 372001

    Appraisal Valuation

  • Standard Deviation: 0.0909
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 92
  • Final Value: 229,861
  • High Value: 250,758
  • Low Value: 208,964

    Market Valuation

  • Market Total Value: $134,300
  • Market Land Value: $46,300
  • Market Improvement Value: $88,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,300
  • Assessed Land Value: $46,300
  • Assessed Improvements Value: $88,000

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 11, 2023
  • Current Sale Recording Date: Dec 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 7135
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 Putnam

Stats & Trends

Median Asking:

$579,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2449 ft²

Average Home Age

57.4 years

Currently For Sale

275 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 198 Myrtle Avenue, Carmel, NY, 10512

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,180 ft²
198 Myrtle Avenue, Carmel, NY, 10512 Listing by Lawrence P. Zacks
Unit for rent at 174 Myrtle Avenue, Mahopac, NY, 10541

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
174 Myrtle Avenue #D, Mahopac, NY, 10541 Listing by Patricia A. Wagner

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 110 Spring Road built and last sold?
The property at 110 Spring Road was built in 1938 and last sold on Dec 11, 2023 for $200,000.
How much is this home worth?
The estimated value of the home located at 110 Spring Road is $227,250.
What are some comparable homes to 110 Spring Road?
There are currently no comparable homes to 110 Spring Road.
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