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Putnam 10541
112 School Street
Photo of 112 School Street
Sold on Dec 16, 2025

17

Map

Photo of 112 School Street
Photo of 112 School Street
$429,900
● House - Off Market

112 School Street

Carmel, NY 10541
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,250 Ft²
$2,838
Est. Monthly
5.18%
Cap Rate

About This Property

Charming and well-built older Colonial in the Mahopac School District, filled with natural light and character. Large detached garage with workshop space and second-story storage. The main level of the home features a spacious living room, sitting room with picture window, and a formal dining room with a bay window. The kitchen and mud room open to a patio. Nice details include crown moldings. The upper level includes a bright primary bedroom, full bath, and second bedroom. Full walk-up attic for additional storage. The full, unfinished basement offers laundry, utilities, more storage and a door out. Taxes do not reflect the STAR deduction, available to those who qualify.
Unit Size
1,250 Ft²
Days on Market
115 days
Land Size
0.45 acres
Price per sqft
$344
Property Type
House
Property Taxes
$727
HOA Dues
-
Year Built
1915

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 11 months ago (OneKey MLS #KEY902940)

Price History

Date / Event Date Event Price
Dec 16, 2025 Sold
Premium
Sold
Oct 18, 2025 In contract -
In contract
Sep 25, 2025 Price Decreased $429,900
↓ $30K (6.5%)
Price Decreased
Sep 17, 2025 Price Decreased $459,900
↓ $20K (4.2%)
Price Decreased
Aug 19, 2025 Listed by RE/MAX Classic Realty $479,900
Listed by RE/MAX Classic Realty
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 540
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,602
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,410
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000450
  • 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: 011400

Zoning

  • Zoning: R

Geography

  • Account Number: 168950
  • District: 372000
  • Section: 75.10
  • Parcel: 372000 75.10-1-41
  • Block: 1
  • Lot: 41.000
  • Municipality: CARMEL
  • Latitude: 41.3711
  • Longitude: -73.7633

    Address

  • Full Address: 112 School St
  • Address - House Number: 112
  • Address - Street Name: School
  • Address - Suffix Type: St
  • State: NY
  • City Name: Mahopac
  • Zip Code: 10541

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $1,267,462
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 372001

    Appraisal Valuation

  • Standard Deviation: 0.2005
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 431,999
  • High Value: 518,641
  • Low Value: 345,358

    Market Valuation

  • Market Total Value: $348,800
  • Market Land Value: $81,400
  • Market Improvement Value: $267,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $348,800
  • Assessed Land Value: $81,400
  • Assessed Improvements Value: $267,400

    Exemptions

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

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Aug 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6589-2020
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:

$589,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2364 ft²

Average Home Age

59.4 years

Currently For Sale

263 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 174 Myrtle Avenue, Mahopac, NY, 10541

$2,800 /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: 11 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 112 School Street built and last sold?
The property at 112 School Street was built in 1915 and last sold on Jul 30, 2020 for $250,000.
How much is this home worth?
The estimated value of the home located at 112 School Street is $432,825.
What are some comparable homes to 112 School Street?
There are currently no comparable homes to 112 School Street.
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