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Orange 12549
2 Heritage Lane
$279,999
● House - Off Market

2 Heritage Lane

Montgomery, NY 12549
bedrooms
3 Beds
bathrooms
3 Baths
$433,592
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

*Beautiful, Sunny Spacious Home* Situated On Just Shy Of A Sprawling Acre, This Loving Home Offers Comfort And Serenity! With Electric Hook Up In Yard For A Pool, Indoor Tub Spa, Large Rooms And Streams Of Sunshine, One Is Ready To Relax And Enjoy! Multiple Bathrooms, Oversized Office W/Closet Suitable For A 4th Bedroom, Family Room W/French Doors, Huge Deck! Gorgeous!!!, Additional information: Appearance:Excellent
Unit Size
-
Days on Market
-
Land Size
0.92 acres
Price per sqft
-
Property Type
House
Property Taxes
$732
HOA Dues
-
Year Built
1992

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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 #KEYL2980491)

Price History

Date / Event Date Event Price
Mar 15, 2018 Sold
Premium
Sold
Oct 23, 2017 Listed by Century 21 American Homes $279,999
Listed by Century 21 American Homes

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 700
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 39,100
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 2,300
  • Total Building Area: 2,100
  • Building Area: 2,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,100
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000897
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LT 11 HERITAGE BREEDING F PHASE II MAP 9864

Neighborhood

  • School District Name: Pine Bush Central School District
  • School Tax School District: PINE BUSH
  • Census Tract: 010601

Zoning

  • Zoning: RA5

Geography

  • District: 334289
  • Section: 8.00
  • Parcel: 334289 8-1-80
  • Block: 1
  • Lot: 80.000
  • Municipality: MONTGOMERY
  • Latitude: 41.5743
  • Longitude: -74.2484

    Address

  • Full Address: 2 Heritage Ln
  • Address - House Number: 2
  • Address - Street Name: Heritage
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Montgomery
  • Carrier Code: R003
  • 4-Digit Zip Code: 2039
  • Zip Code: 12549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $951,603
  • Tax Rate Code Area: 332601

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 479,250
  • High Value: 589,556
  • Low Value: 368,945

    Market Valuation

  • Market Total Value: $453,800
  • Market Land Value: $104,045
  • Market Improvement Value: $349,755

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $190,600
  • Assessed Land Value: $43,700
  • Assessed Improvements Value: $146,900

    Sales

  • Current Sale Contract Date: Mar 15, 2018
  • Current Sale Recording Date: Mar 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20180022765
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:

$489,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

93

Average Home Size

2158 ft²

Average Home Age

60.9 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

Rentals Near You

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OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2 Heritage Lane built and last sold?
The property at 2 Heritage Lane was built in 1992 and last sold on Mar 15, 2018 for $279,999.
How much is this home worth?
The estimated value of the home located at 2 Heritage Lane is $282,799.
What are some comparable homes to 2 Heritage Lane?
There are currently no comparable homes to 2 Heritage Lane.
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