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Montgomery 12549
156 Waters Edge
$165,000
● House - Off Market

156 Waters Edge

Montgomery, NY 12549
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,757 Ft²
$288,931
RealtyHop Estimate
74.05%
Since Apr 1, 2016
National-US
Primary Model

About This Property

Pride of ownership, very well maintained two-story village home.  Enjoy the view of the river from your fenced in patio. River is accessible beyond the fence. This three bedroom, 1.5 bath home features two-level vaulted ceiling, skylights, french doors and a very large updated eat-in-kitchen. Family room has a closet (could be used as a fourth bedroom) with sliders, central air-conditioning, brand new hot water heater, and furnace is two years old.  Come make this village gem yours.  This property is an easy up-keep. Close to schools, restaurants, shops, parks, Metro North and NJ Transit for commuters to NYC.  A must see.
Unit Size
1,757 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$94
Property Type
House
Property Taxes
$532
HOA Dues
-
Year Built
1979

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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: 6 months ago (OneKey MLS #KEYH4515737)

Price History

Date / Event Date Event Price
Mar 28, 2016 Sold
Premium
Sold
Apr 17, 2015 Listed by ERA Curasi Realty $166,000
Listed by ERA Curasi Realty
Jun 21, 1995 Sold
Premium
Sold

Property Highlights

Air Conditioning
Parking Available
With View

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,200
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 320
  • Total Building Area: 1,854
  • Gross Building Area: 1,854
  • Building Area: 1,854
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,854
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WALLKILL GREE
  • Land Acres: 0000000073
  • Standard Land Use Code: 1101
  • County Land Use Code: 210
  • Legal Description 1: LT34 SEC 1 WALLKILL GREEN

Neighborhood

  • School District Name: Valley Central School District (Montgomery)
  • School Tax School District: VALLEY-MONTGOME
  • Census Tract: 010802

Zoning

  • Zoning: R4A

Geography

  • District: 334203
  • Section: 208.00
  • Parcel: 334203 208-2-5
  • Block: 2
  • Lot: 5.000
  • Municipality: MONTGOMERY
  • Latitude: 41.5226
  • Longitude: -74.2502

    Address

  • Full Address: 156 Waters Edge
  • Address - House Number: 156
  • Address - Street Name: Waters Edge
  • State: NY
  • City Name: Montgomery
  • Carrier Code: C001
  • 4-Digit Zip Code: 1309
  • Zip Code: 12549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $720,381
  • Tax Rate Code Area: 334201

    Appraisal Valuation

  • Standard Deviation: 0.2483
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 341,010
  • High Value: 425,683
  • Low Value: 256,337

    Market Valuation

  • Market Total Value: $274,500
  • Market Land Value: $39,520
  • Market Improvement Value: $234,980

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,300
  • Assessed Land Value: $16,600
  • Assessed Improvements Value: $98,700

    Sales

  • Current Sale Contract Date: Mar 11, 2016
  • Current Sale Recording Date: Mar 28, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 21, 1995
  • Previous Sale Contract Date: Jun 19, 1995
  • Previous Sale Amount: $89,000
  • 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 Montgomery

Stats & Trends

Median Asking:

$429,900

Sale Price/ft²

$259

Below Asking

0.02%

Average Days on Market

91

Average Home Size

2069 ft²

Average Home Age

100.8 years

Currently For Sale

5 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 55 Union Street, Montgomery, NY, 12549

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 3,472 ft²
55 Union Street, Montgomery, NY, 12549 Listing by Annette M Bauer

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 156 Waters Edge built and last sold?
The property at 156 Waters Edge was built in 1979 and last sold on Mar 11, 2016 for $165,000.
How much is this home worth?
The estimated value of the home located at 156 Waters Edge is $184,425.
What are some comparable homes to 156 Waters Edge?
There are currently no comparable homes to 156 Waters Edge.
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