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Plymouth
18 Cedar Lane
$2,125
● Land - Off Market

18 Cedar Lane

Watson, NY 02338
bedrooms
Studio
bathrooms
0 Bath
$66
Est. Monthly

About This Property

Offered for sale is a wooded lot which would make a great seasonal getaway. Located on a private road.  Owner is willing to hold financing with 25% down, 8% interest and payoff in 8 years.
Unit Size
-
Days on Market
968 days
Land Size
1.21 acres
Price per sqft
-
Property Type
Land
Property Taxes
$19
HOA Dues
-
Year Built
1964

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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: 3 years ago (NYSAMLS #S1386382)

Price History

Date / Event Date Event Price
Sep 19, 2024 Sold
Premium
Sold
Jul 9, 2024 In contract -
In contract
Jan 25, 2022 Listed by Good Morning Realty $9,500
Listed by Good Morning Realty
Nov 22, 2021 Sold
Premium
Sold
Sep 29, 2021 Listed by Good Morning Realty $399,900
Listed by Good Morning Realty
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Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,760
  • Total Building Area: 1,072
  • Building Area: 1,072
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,072
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Abington School District
  • Census Tract: 526100

Zoning

  • Zoning: RESID

Geography

  • Account Number: 1722
  • Parcel: HALI M:43 P:305
  • Lot: 305
  • Municipality: HALIFAX
  • Latitude: 42.0041
  • Longitude: -70.8312

    Address

  • Full Address: 18 Cedar Ln
  • Address - House Number: 18
  • Address - Street Name: Cedar
  • Address - Suffix Type: Ln
  • State: MA
  • City Name: Halifax
  • Carrier Code: R002
  • 4-Digit Zip Code: 1148
  • Zip Code: 02338

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $552,000

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 448,202
  • High Value: 536,200
  • Low Value: 360,204

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $383,300
  • Assessed Land Value: $163,100
  • Assessed Improvements Value: $220,200

    Sales

  • Current Sale Contract Date: Nov 22, 2021
  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 131816
  • Previous Sale Recording Date: Nov 20, 2018
  • Previous Sale Amount: $263,500
  • Previous Sale Document Type: O
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 Plymouth

Stats & Trends

Median Asking:

$659,000

Sale Price/ft²

$371

Above Asking

0.18%

Average Days on Market

58

Average Home Size

2334 ft²

Average Home Age

50.2 years

Currently For Sale

1222 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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NYSAMLS

Last Updated: 3 years ago
Data Source: NYSAMLSs, MLS# S1386382

Frequently Asked Questions

When was property at 18 Cedar Lane built and last sold?
The property at 18 Cedar Lane was built in 1964 and last sold on Nov 22, 2021 for $425,000.
How much is this home worth?
The estimated value of the home located at 18 Cedar Lane is $9,595.
What are some comparable homes to 18 Cedar Lane?
There are currently no comparable homes to 18 Cedar Lane.
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