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Putnam 12563
111 Cross Road
$540,000
● House - Off Market

111 Cross Road

Patterson, NY 12563
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,762 Ft²
$649,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

This home is a Gem just waiting for some loving! Home is nestled on top of a mountain with Million-dollar views. You have a bird's eye view of Thunder Ridge Ski area.  Not only is it quiet and peaceful your only minutes from I84 & 22 - perfect for commuters. This could be the perfect getaway or full-time year home! It even has a set up for the in-laws, guest or nanny with their own bedroom, Living Room and Bathroom. Screened in porch to sit out on to enjoy nature. All this on 9.45 acres in Putnam County.
Unit Size
1,762 Ft²
Days on Market
-
Land Size
9.45 acres
Price per sqft
$368
Property Type
House
Property Taxes
$970
HOA Dues
-
Year Built
1980

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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 #KEYH6260774)

Price History

Date / Event Date Event Price
Nov 10, 2023 Sold
Premium
Sold
Oct 19, 2023 In contract -
In contract
Jul 20, 2023 Listed by BHHS Hudson Valley Properties $649,000
Listed by BHHS Hudson Valley Properties
Jul 20, 2023 No longer available -
No longer available
Jun 14, 2023 Price Decreased $669,999
↓ $30K (4.3%)
Price Decreased
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10
  • Location Influence Type: 22

    Dimensions

  • Lot Size Square Feet: 422,968
  • Lot Size Frontage Feet: 5,750
  • Total Building Area: 3,408
  • Building Area: 3,408
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 3,408
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000009710
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Carmel Central School District
  • School Tax School District: CARMEL
  • Census Tract: 010201

Zoning

  • Zoning: R4

Geography

  • District: 372400
  • Section: 13.00
  • Parcel: 372400 13.-2-37
  • Block: 2
  • Lot: 37.000
  • Municipality: PATTERSON
  • Latitude: 41.5076
  • Longitude: -73.6309

    Address

  • Full Address: 111 Cross Rd
  • Address - House Number: 111
  • Address - Street Name: Cross
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Patterson
  • Carrier Code: R005
  • 4-Digit Zip Code: 2753
  • Zip Code: 12563

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,164,585
  • Tax Rate Code Area: 372002

    Appraisal Valuation

  • Standard Deviation: 0.0909
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 92
  • Final Value: 657,882
  • High Value: 717,690
  • Low Value: 598,074

    Market Valuation

  • Market Total Value: $599,900
  • Market Land Value: $123,700
  • Market Improvement Value: $476,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $599,900
  • Assessed Land Value: $123,700
  • Assessed Improvements Value: $476,200

    Sales

  • Current Sale Contract Date: Nov 10, 2023
  • Current Sale Recording Date: Nov 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 6627
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:

$577,000

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 90 Cushman, Patterson, NY, 12563

$8,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,286 ft²
90 Cushman, Patterson, NY, 12563 Listing by Eileen Mc Grath

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 111 Cross Road built and last sold?
The property at 111 Cross Road was built in 1980 and last sold on Nov 10, 2023 for $540,000.
How much is this home worth?
The estimated value of the home located at 111 Cross Road is $650,707.
What are some comparable homes to 111 Cross Road?
There are currently no comparable homes to 111 Cross Road.
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