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Orange 10950
1545 Lakes Road
$302,000
● House - Off Market

1545 Lakes Road

Warwick (Town), NY 10950
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,760 Ft²
$425,147
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Come take a look at this very well maintained 3 Bedroom, 1 1/2 Bath Bi Level situated on a little over 1/2 acre in town of Warwick. Lovely brick fireplace in downstairs family room will keep you warm on chilly nights.  This home has a newer eat in kitchen with stainless steel appliances, granite counter tops and large sliding doors which open onto an over sized deck perfect for entertaining. Newer full bath is tastefully done which opens into master bedroom as well as main hall. A beautiful stone wall lines backyard which is very appealing. Close to Greenwood Lake which opens up many possibilities of outside summer dining, boating, swimming,hiking  etc. Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
1,760 Ft²
Days on Market
-
Land Size
0.67 acres
Price per sqft
$170
Property Type
House
Property Taxes
$613
HOA Dues
-
Year Built
1971

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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: 4 months ago (OneKey MLS #KEYH5012860)

Price History

Date / Event Date Event Price
Aug 6, 2019 Listed by ARC Realty 1 in Sales $299,000
Listed by ARC Realty 1 in Sales

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 880
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,240
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 1,720
  • Total Building Area: 2,068
  • Building Area: 2,068
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,068
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000671
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Greenwood Lake Union Free School District
  • School Tax School District: GREENWOOD LAKE
  • Census Tract: 014802

Zoning

  • Zoning: 215

Geography

  • Account Number: 58-1-39.21
  • District: 335489
  • Section: 58.00
  • Parcel: 335489 58-1-39.21
  • Block: 1
  • Lot: 39.210
  • Municipality: WARWICK
  • Latitude: 41.2521
  • Longitude: -74.2706

    Address

  • Full Address: 1545 Lakes Rd
  • Address - House Number: 1545
  • Address - Street Name: Lakes
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Monroe
  • Carrier Code: R004
  • 4-Digit Zip Code: 4300
  • Zip Code: 10950

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $853,226
  • Tax Rate Code Area: 335411

    Appraisal Valuation

  • Standard Deviation: 0.2319
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 383,921
  • High Value: 472,960
  • Low Value: 294,881

    Market Valuation

  • Market Total Value: $395,700
  • Market Land Value: $101,628
  • Market Improvement Value: $294,072

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,600
  • Assessed Land Value: $9,400
  • Assessed Improvements Value: $27,200

    Sales

  • Current Sale Contract Date: Apr 22, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20200024668
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:

$481,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

89

Average Home Size

2239 ft²

Average Home Age

61 years

Currently For Sale

1265 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 154 Windermere Avenue, Greenwood Lake, NY, 10925

$1,800 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
154 Windermere Avenue #A, Greenwood Lake, NY, 10925 Listing by Verna Dawson
Unit for rent at 1169 Route 17a, Greenwood Lake, NY, 10925

$2,600 /mo

  • 2 Beds
  • 1 Bath
  • 950 ft²
1169 Route 17a #2, Greenwood Lake, NY, 10925 Listing by Carla J Terranova

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 1545 Lakes Road built and last sold?
The property at 1545 Lakes Road was built in 1971 and last sold on Apr 22, 2020 for $302,000.
How much is this home worth?
The estimated value of the home located at 1545 Lakes Road is $311,543.
What are some comparable homes to 1545 Lakes Road?
There are currently no comparable homes to 1545 Lakes Road.
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