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Putnam 10509
2 Farmstead Lane
Photo of 2 Farmstead Lane
Sold on Jun 1, 2026

31

Map

Photo of 2 Farmstead Lane
Photo of 2 Farmstead Lane
$525,000
● House - Off Market

2 Farmstead Lane

Southeast, NY 10509
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,636 Ft²
$3,544
Est. Monthly

About This Property

Lovely Raised Ranch on the market for the very first time! Original owner has upkept this home to keep a warm and welcoming homestead for the next generation. Naturally sun lit with gleaming oakwood floors, you have the opportunity to Customize the lower level which is currently unfinished including the bathroom which was designed for a full sized shower. All set on a beautiful level corner lot hand picked back in 1977! There is a 2 car garage and a driveway that fits at least 4 more vehicles. Sure not to last long in today's market, do not wait on this one!
Unit Size
1,636 Ft²
Days on Market
70 days
Land Size
0.56 acres
Price per sqft
$318
Property Type
House
Property Taxes
$990
HOA Dues
-
Year Built
1978

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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 #KEY974861)

Price History

Date / Event Date Event Price
Jun 1, 2026 Sold
Premium
Sold
Mar 27, 2026 In contract -
In contract
Mar 23, 2026 Listed by Keller Williams Realty Partner $520,000
Listed by Keller Williams Realty Partner

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 504
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,394
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 2,940
  • Total Building Area: 1,636
  • Building Area: 1,636
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,636
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000560
  • 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: 011802

Zoning

  • Zoning: R20

Geography

  • District: 373089
  • Section: 45.12
  • Parcel: 373089 45.12-1-20
  • Block: 1
  • Lot: 20.000
  • Municipality: SOUTHEAST (TOV)
  • Latitude: 41.4343
  • Longitude: -73.607

    Address

  • Full Address: 2 Farmstead Ln
  • Address - House Number: 2
  • Address - Street Name: Farmstead
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Brewster
  • Carrier Code: R009
  • 4-Digit Zip Code: 2813
  • Zip Code: 10509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,263,543
  • Tax Rate Code Area: 373001

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 465,560
  • High Value: 546,827
  • Low Value: 384,292

    Market Valuation

  • Market Total Value: $410,000
  • Market Land Value: $64,300
  • Market Improvement Value: $345,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $410,000
  • Assessed Land Value: $64,300
  • Assessed Improvements Value: $345,700

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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

Stats & Trends

Median Asking:

$585,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2343 ft²

Average Home Age

59.1 years

Currently For Sale

279 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 32 Spruce Road, Brewster, NY, 10509

$5,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,980 ft²
32 Spruce Road, Brewster, NY, 10509 Listing by Theresa Falcaro
Unit for rent at 131 Ice Pond Road, Brewster, NY, 10509

$5,500 /mo

  • 4 Beds
  • 3 Baths
  • 3,100 ft²
131 Ice Pond Road, Brewster, NY, 10509 Listing by Ruth B. Garcia
Unit for rent at 307 Fox Run Lane, Carmel, NY, 12563

$2,450 /mo

  • 1 Bed
  • 1 Bath
  • 706 ft²
307 Fox Run Lane, Carmel, NY, 12563 Listing by Thomas P. Telesco

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 2 Farmstead Lane built and last sold?
The property at 2 Farmstead Lane was built in 1978 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2 Farmstead Lane is $525,040.
What are some comparable homes to 2 Farmstead Lane?
There are currently no comparable homes to 2 Farmstead Lane.
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