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Dutchess 12522
157 Ridge Road
$233,810
● House - Off Market

157 Ridge Road

Dover, NY 12522
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,738 Ft²
$399,467
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Lovely Front Porch Colonial with Legal 1 Bedroom Accessory Apartment sits on over 3 private acres. A total of 4 Bedrooms and 3.5 Baths. Large eat-in country kitchen. Spacious Bonus room over 2-Car Garage. Partially finished attic. 7 miles to the charming Village of Millbrook. This is a Fannie Mae HomePath property. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Unit Size
2,738 Ft²
Days on Market
-
Land Size
3.06 acres
Price per sqft
$91
Property Type
House
Property Taxes
$873
HOA Dues
-
Year Built
2004

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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 #KEYH4645821)

Price History

Date / Event Date Event Price
Jul 26, 2017 Sold
Premium
Sold
Oct 19, 2016 Listed by World Homes Realty $249,900
Listed by World Homes Realty
May 31, 2016 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 133,294
  • Total Building Area: 2,998
  • Gross Building Area: 2,998
  • Building Area: 2,998
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,998
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003060
  • Standard Land Use Code: 1999
  • County Land Use Code: 215
  • Legal Description 1: 3.06 AC (S) 2029 0092

Neighborhood

  • School District Name: Dover Union Free School District
  • School Tax School District: DOVER
  • Census Tract: 040001

Zoning

  • Zoning: RC

Geography

  • District: 132600
  • Section: 6.962
  • Parcel: 132600 6962-00-410422-0000
  • Lot: 410.422
  • Municipality: DOVER
  • Latitude: 41.7118
  • Longitude: -73.6222

    Address

  • Full Address: 157 Ridge Rd
  • Address - House Number: 157
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Dover Plains
  • Carrier Code: R001
  • 4-Digit Zip Code: 5745
  • Zip Code: 12522

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,137,095
  • Tax Rate Code Area: 132602

    Appraisal Valuation

  • Standard Deviation: 0.2072
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 543,216
  • High Value: 655,799
  • Low Value: 430,634

    Market Valuation

  • Market Total Value: $588,200
  • Market Land Value: $90,146
  • Market Improvement Value: $498,054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,800
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $176,800

    Sales

  • Current Sale Contract Date: Jul 13, 2017
  • Current Sale Recording Date: Jul 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 31, 2016
  • Previous Sale Contract Date: May 19, 2016
  • Previous Sale Amount: $524,266
  • Previous Sale Document Type: 34
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:

$499,950

Sale Price/ft²

$271

Below Asking

0.02%

Average Days on Market

87

Average Home Size

2315 ft²

Average Home Age

64.4 years

Currently For Sale

925 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 45 Corbin Road, Dover Plains, NY, 12522

$2,350 /mo

  • 1 Bed
  • 1 Bath
  • 984 ft²
45 Corbin Road, Dover Plains, NY, 12522 Listing by Anthony Cerrato

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 157 Ridge Road built and last sold?
The property at 157 Ridge Road was built in 2004 and last sold on Jul 13, 2017 for $233,810.
How much is this home worth?
The estimated value of the home located at 157 Ridge Road is $276,426.
What are some comparable homes to 157 Ridge Road?
There are currently no comparable homes to 157 Ridge Road.
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