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124 Racketts Road
$395,000
● House - Off Market

124 Racketts Road

Minisink, NY 10998
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,756 Ft²
$404,119
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Beautiful Home 3 bedroom home with full bath on main level and half  bath in finished basement with a wood burning  stove enjoy the beautiful views of the large private back yard from the comfort of the Florida room in rear Of the home  The separate  3 car garage has plenty of room for cars and storage The Furnace and tank are  1yr old This home has very pretty lighting fixtures wood floors in many rooms The back yard is Very private a must see  on 2 acres OF LAND and  very commuter friendly Additional Information:  Amenities:Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:3 Car Detached,
Unit Size
1,756 Ft²
Days on Market
-
Land Size
2.00 acres
Price per sqft
$225
Property Type
House
Property Taxes
$625
HOA Dues
-
Year Built
1978

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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: 5 months ago (OneKey MLS #KEYH6182247)

Price History

Date / Event Date Event Price
Aug 2, 2022 Sold
Premium
Sold
Jun 1, 2022 In contract -
In contract
Apr 29, 2022 Listed by Real Estate Connection Corp $395,000
Listed by Real Estate Connection Corp
Sep 28, 1998 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 700
  • Garage Type: 4
  • Garage Square Area: 960
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 1,756
  • Building Area: 1,756
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,756
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Minisink Valley Central School District
  • School Tax School District: MINISINK VALLEY
  • Census Tract: 011702

Zoning

  • Zoning: AR

Geography

  • District: 333889
  • Section: 3.00
  • Parcel: 333889 3-1-18.122
  • Block: 1
  • Lot: 18.122
  • Municipality: MINISINK
  • Latitude: 41.3564
  • Longitude: -74.5601

    Address

  • Full Address: 124 Racketts Rd
  • Address - House Number: 124
  • Address - Street Name: Racketts
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Westtown
  • Carrier Code: R001
  • 4-Digit Zip Code: 2707
  • Zip Code: 10998

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $702,545
  • Tax Rate Code Area: 333801

    Appraisal Valuation

  • Standard Deviation: 0.2485
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 425,318
  • High Value: 531,024
  • Low Value: 319,611

    Market Valuation

  • Market Total Value: $336,000
  • Market Land Value: $114,325
  • Market Improvement Value: $221,675

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,800
  • Assessed Land Value: $37,700
  • Assessed Improvements Value: $73,100

    Sales

  • Current Sale Contract Date: Jul 21, 2022
  • Current Sale Recording Date: Aug 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20220056654
  • Previous Sale Recording Date: Sep 28, 1998
  • Previous Sale Contract Date: Sep 25, 1998
  • Previous Sale Amount: $151,000
  • 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 Orange

Stats & Trends

Median Asking:

$489,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

93

Average Home Size

2182 ft²

Average Home Age

60.7 years

Currently For Sale

1273 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 780 Route 284, Westtown, NY, 10998

$1,700 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
780 Route 284 #2, Westtown, NY, 10998 Listing by Dean Diltz
Unit for rent at 776 Route 284, Westtown, NY, 10998

$1,400 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
776 Route 284, Westtown, NY, 10998 Listing by Nancy E. LaBarbera

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 124 Racketts Road built and last sold?
The property at 124 Racketts Road was built in 1978 and last sold on Jul 21, 2022 for $395,000.
How much is this home worth?
The estimated value of the home located at 124 Racketts Road is $403,323.
What are some comparable homes to 124 Racketts Road?
There are currently no comparable homes to 124 Racketts Road.
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