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Orange 10950
18 Elm Road
$310,000
● House - Off Market

18 Elm Road

Monroe, NY 10950
bedrooms
2 Beds
bathrooms
1 Bath
$377,339
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Brand new custom ranch ready to move in! Located a hour from New York City, this custom beauty offers a open floor plan with cathedral ceilings, Energy efficient Anderson windows, Custom kitchen with hand made quality grey cabinets with granite countertops and stainless steel appliances. Full attic for storage with foam insulation. Composite front porch and Poured concrete patio in back with fence offering privacy. Detached 1 car garage. Best location in Monroe for commuters! 10 minutes to train and bus and shopping . Close to Sterling forest ski Center, Appalachian trails, and dining. Award winning Monroe Woodbury Schools. Additional Information:  Amenities:Storage,ParkingFeatures:1 Car Detached,
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$583
HOA Dues
-
Year Built
2020

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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 #KEYH6087683)

Price History

Date / Event Date Event Price
Jun 14, 2021 Sold
Premium
Sold
Mar 12, 2021 In contract -
In contract
Jan 19, 2021 Price Decreased $322,500
↓ $3K (0.8%)
Price Decreased
Jan 5, 2021 Price Increased $325,000
↑ $3K (0.8%)
Price Increased
Dec 19, 2020 Listed by Hudson Valley Realty Center $322,500
Listed by Hudson Valley Realty Center
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,700
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 467
  • Total Building Area: 934
  • Building Area: 934
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 934
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 1
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000107
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: PT LT 1 + LT 23 SEC 3 LAM

Neighborhood

  • School District Name: Monroe-Woodbury Central School District
  • School Tax School District: MONROE-WOODBURY
  • Census Tract: 014202

Zoning

  • Zoning: SR-10

Geography

  • District: 334089
  • Section: 39.00
  • Parcel: 334089 39-5-22
  • Block: 5
  • Lot: 22.000
  • Municipality: MONROE
  • Latitude: 41.2741
  • Longitude: -74.2155

    Address

  • Full Address: 18 Elm Rd
  • Address - House Number: 18
  • Address - Street Name: Elm
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Monroe
  • Carrier Code: R001
  • 4-Digit Zip Code: 5307
  • Zip Code: 10950

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $980,253
  • Tax Rate Code Area: 334001

    Appraisal Valuation

  • Standard Deviation: 0.2439
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 466,865
  • High Value: 580,744
  • Low Value: 352,986

    Market Valuation

  • Market Total Value: $391,517
  • Market Land Value: $48,124
  • Market Improvement Value: $343,393

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,000
  • Assessed Land Value: $5,900
  • Assessed Improvements Value: $42,100

    Sales

  • Current Sale Contract Date: Oct 20, 2000
  • Current Sale Recording Date: Oct 25, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: FIX
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:

$485,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

90

Average Home Size

2239 ft²

Average Home Age

61.1 years

Currently For Sale

1237 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 649 Lakes Road, Monroe, NY, 10950

$2,100 /mo

  • 1 Bed
  • 1 Bath
  • 1,784 ft²
649 Lakes Road, Monroe, NY, 10950 Listing by Sandra Spector
Unit for rent at 226 Eagleton Drive, Monroe, NY, 10950

$3,400 /mo

  • 3 Beds
  • 2 Baths
  • 1,698 ft²
226 Eagleton Drive, Monroe, NY, 10950 Listing by Chand Kakar

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 18 Elm Road built and last sold?
The property at 18 Elm Road was built in 2020 and last sold on Oct 20, 2000 for $95,000.
How much is this home worth?
The estimated value of the home located at 18 Elm Road is $325,725.
What are some comparable homes to 18 Elm Road?
There are currently no comparable homes to 18 Elm Road.
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