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Putnam Lake 10509
165 Fairfield Drive
Photo of 165 Fairfield Drive
Sold on Jun 9, 2026

12

Map

Photo of 165 Fairfield Drive
Photo of 165 Fairfield Drive
$155,000
● Land - Off Market

165 Fairfield Drive

Patterson, NY 10509
bedrooms
Studio
bathrooms
0 Bath
$1,449
Est. Monthly

About This Property

Opportunity awaits in the Putnam Lake community! Build your dream home on this 2.27-acre parcel, partly cleared and featuring an existing 2-bedroom, 1-bath cottage with detached shed. Current structures are considered tear-down. Well, septic, and electric are in place, condition unknown. BOHA currently in place for 2 bedrooms.  Exterior showings only. Putnam Lake residents enjoy lake access with swimming, boating, fishing, kayaking, two beaches, and nearby hiking/biking trails. A rare, nicely sized lot in Putnam Lake - make it yours!
Unit Size
-
Days on Market
140 days
Land Size
2.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
$472
HOA Dues
-
Year Built
1945

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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 #KEY952627)

Price History

Date / Event Date Event Price
Jun 9, 2026 Sold
Premium
Sold
May 2, 2026 In contract -
In contract
Mar 4, 2026 Price Decreased $198,700
↓ $20K (9.1%)
Price Decreased
Jan 15, 2026 Listed by Briante Realty Group, LLC $218,500
Listed by Briante Realty Group, LLC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 4
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 98,881
  • Lot Size Frontage Feet: 7,000
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002270
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Brewster Central School District
  • School Tax School District: BREWSTER
  • Census Tract: 010100

Zoning

  • Zoning: R4

Geography

  • Account Number: 019725
  • District: 372400
  • Section: 36.00
  • Parcel: 372400 36.-3-16
  • Block: 3
  • Lot: 16.000
  • Municipality: PATTERSON
  • Latitude: 41.4564
  • Longitude: -73.5417

    Address

  • Full Address: 165 Fairfield Dr
  • Address - House Number: 165
  • Address - Street Name: Fairfield
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Brewster
  • Carrier Code: R003
  • 4-Digit Zip Code: 5829
  • Zip Code: 10509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $656,827
  • Tax Rate Code Area: 373001

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 270,178
  • High Value: 309,850
  • Low Value: 230,506

    Market Valuation

  • Market Total Value: $197,700
  • Market Land Value: $49,600
  • Market Improvement Value: $148,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $197,700
  • Assessed Land Value: $49,600
  • Assessed Improvements Value: $148,100
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 Putnam Lake

Stats & Trends

Median Asking:

$440,000

Sale Price/ft²

$332

Below Asking

0.02%

Average Days on Market

89

Average Home Size

1497 ft²

Average Home Age

71.2 years

Currently For Sale

16 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 5 Fawn Crest Drive, New Fairfield, CT, 06812

$5,500 /mo

  • 3 Beds
  • 3 Baths
  • 3,516 ft²
5 Fawn Crest Drive, New Fairfield, CT, 06812 Listing by Alyse Doyle
Unit for rent at 1403 Scarborough Drive, Brewster, NY, 10509

$3,500 /mo

  • 2 Beds
  • 2 Baths
  • 1,660 ft²
1403 Scarborough Drive, Brewster, NY, 10509 Listing by Mark Anderson

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 165 Fairfield Drive built and last sold?
The property at 165 Fairfield Drive was built in 1945 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 165 Fairfield Drive is $0.
What are some comparable homes to 165 Fairfield Drive?
There are currently no comparable homes to 165 Fairfield Drive.
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