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Dutchess
118 Nicholson Road
$256,500
● House - Off Market

118 Nicholson Road

East Fishkill, NY 12531
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,956 Ft²
$506,671
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Spacious Ranch home in the town of East Fishkill in move-in-condition. Updates include the heating system, on demand hot water system, water softener and stove. This lovely home has Anderson windows, extra large eat in kitchen, family room, central air, hardwood floors, generator included, french door to deck and back yard. Laundry room on first floor. There is an electric stair chair from the basement to the first floor that could easily be removed. Great commuter location, minutes to highways. Additional Information: ParkingFeatures:1 Car Attached,
Unit Size
1,956 Ft²
Days on Market
-
Land Size
1.30 acres
Price per sqft
$133
Property Type
House
Property Taxes
$770
HOA Dues
-
Year Built
1988

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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: 5 months ago (OneKey MLS #KEYH3317088)

Price History

Date / Event Date Event Price
Jan 24, 2014 Sold
Premium
Sold
Oct 28, 2013 Sold
Premium
Sold
May 29, 2013 Listed by Houlihan Lawrence Inc. $259,900
Listed by Houlihan Lawrence Inc.
Sep 21, 2011 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Total Building Area: 1,956
  • Building Area: 1,956
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,956
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 1.30 AC (S) 1550 0897

Neighborhood

  • School District Name: Carmel Central School District
  • Census Tract: 050205

Zoning

  • Zoning: R3

Geography

  • Account Number: 05647513
  • District: 132800
  • Section: 6.755
  • Parcel: 132800 6755-02-647513-0000
  • Block: 2
  • Lot: 647.513
  • Municipality: EAST FISHKILL
  • Latitude: 41.5219
  • Longitude: -73.6889

    Address

  • Full Address: 118 Nicholson Rd
  • Address - House Number: 118
  • Address - Street Name: Nicholson
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Holmes
  • Carrier Code: R001
  • 4-Digit Zip Code: 5144
  • Zip Code: 12531

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,141,366
  • Tax Rate Code Area: 372002

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 489,023
  • High Value: 578,613
  • Low Value: 399,433

    Market Valuation

  • Market Total Value: $417,100
  • Market Land Value: $58,500
  • Market Improvement Value: $358,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $417,100
  • Assessed Land Value: $58,500
  • Assessed Improvements Value: $358,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 28, 2013
  • Current Sale Recording Date: Jan 24, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 21, 2011
  • Previous Sale Contract Date: Aug 26, 2011
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: 27
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 Dutchess

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$270

Below Asking

0.02%

Average Days on Market

86

Average Home Size

2313 ft²

Average Home Age

63.6 years

Currently For Sale

897 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 273 South Road, Holmes, NY, 12531

$2,100 /mo

  • Studio
  • 1 Bath
  • 700 ft²
273 South Road, Holmes, NY, 12531 Listing by Milton Hyatt Jr

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 118 Nicholson Road built and last sold?
The property at 118 Nicholson Road was built in 1988 and last sold on Oct 28, 2013 for $256,500.
How much is this home worth?
The estimated value of the home located at 118 Nicholson Road is $278,012.
What are some comparable homes to 118 Nicholson Road?
There are currently no comparable homes to 118 Nicholson Road.
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