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Orange 12586
1414 State Route 52
$325,000
● House - Off Market

1414 State Route 52

Montgomery, NY 12586
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,176 Ft²
$2,178
Est. Monthly
7.28%
Cap Rate

About This Property

Cape Cod style farmhouse/cottage on 1.5 acres, with 1000 sq ft barn with concrete floor, plus big 2 car garage, and out sheds, in zone B-3, which allows some commercial uses. Great opportunity for those in need of storage or workspace or wholesale/retail uses.  Newish metal roofs on house and barn and garage. Generous enclosed side porch, and plenty of existing and potential gardens. Newly painted exterior, and new living room ceiling. Convenient location near Albany Post Road on Rte 52. Ready for new finishes.  This is a nice country setting. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Detached,
Unit Size
1,176 Ft²
Days on Market
68 days
Land Size
1.50 acres
Price per sqft
$293
Property Type
House
Property Taxes
$483
HOA Dues
-
Year Built
1942

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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 #KEYH6321650)

Price History

Date / Event Date Event Price
Dec 9, 2024 Sold
Premium
Sold
Oct 29, 2024 In contract -
In contract
Oct 16, 2024 Price Decreased $345,000
↓ $40K (10.4%)
Price Decreased
Oct 2, 2024 Listed by Howard Hanna Rand Realty $385,000
Listed by Howard Hanna Rand Realty
Jan 3, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 320
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001500
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Valley Central School District (Montgomery)
  • School Tax School District: VALLEY-MONTGOME
  • Census Tract: 010601

Zoning

  • Zoning: B4

Geography

  • District: 334289
  • Section: 1.00
  • Parcel: 334289 1-1-22.22
  • Block: 1
  • Lot: 22.220
  • Municipality: MONTGOMERY
  • Latitude: 41.5853
  • Longitude: -74.2182

    Address

  • Full Address: 1414 State Route 52
  • Address - House Number: 1414
  • Address - Street Name: State Route 52
  • State: NY
  • City Name: Walden
  • Carrier Code: R002
  • 4-Digit Zip Code: 2207
  • Zip Code: 12586

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $589,716
  • Tax Rate Code Area: 334201

    Appraisal Valuation

  • Standard Deviation: 0.2557
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 355,057
  • High Value: 445,863
  • Low Value: 264,250

    Market Valuation

  • Market Total Value: $274,300
  • Market Land Value: $100,720
  • Market Improvement Value: $173,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,200
  • Assessed Land Value: $42,300
  • Assessed Improvements Value: $72,900

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2007
  • Current Sale Recording Date: Jan 03, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 06, 2002
  • Previous Sale Contract Date: Feb 26, 2002
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: 12
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:

$485,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

89

Average Home Size

2198 ft²

Average Home Age

60.4 years

Currently For Sale

1292 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

Rentals Near You

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 1414 State Route 52 built and last sold?
The property at 1414 State Route 52 was built in 1942 and last sold on Dec 28, 2007 for $218,000.
How much is this home worth?
The estimated value of the home located at 1414 State Route 52 is $0.
What are some comparable homes to 1414 State Route 52?
There are currently no comparable homes to 1414 State Route 52.
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