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Putnam Lake 12563
2 Java Road
$187,500
● House - Off Market

2 Java Road

Patterson, NY 12563
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,426 Ft²
$335,960
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Charming and well maintained 2 bedroom Ranch that can live like 4. Upstairs has room for two more bedrooms.  Home has been recently updated.  Kitchen has beautiful cabinetry and newer appliances. Cozy living room with wood burning stove that adjoins Vaulted family Room. Master bedroom and second bedroom on main level. Upstairs is finished. Basement can be finished, with walk-up stairs to a detached garage. Enjoy the rear private deck that walks out to huge side yard. Plenty of off street parking with two driveways.  Offers Lake rights to Putnam Lake. Swim ,fish, sail, kayak  even ice skating and ice fishing. Taxes do not include STAR savings of $1,075.00 Additional Information: HeatingFuel:Oil Above Ground,Oil Below Ground,ParkingFeatures:1 Car Detached,
Unit Size
1,426 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$140
Property Type
House
Property Taxes
$529
HOA Dues
-
Year Built
1948

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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: 4 months ago (OneKey MLS #KEYH4631162)

Price History

Date / Event Date Event Price
Oct 11, 2016 Sold
Premium
Sold
Jul 8, 2016 Listed by RE/MAX Classic Realty $199,000
Listed by RE/MAX Classic Realty
Sep 4, 2012 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 2014
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 12
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 1,426
  • Building Area: 1,426
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,426
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • 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: RPL10

Geography

  • Account Number: 067800
  • District: 372400
  • Section: 25.47
  • Parcel: 372400 25.47-1-69
  • Block: 1
  • Lot: 69.000
  • Municipality: PATTERSON
  • Latitude: 41.4763
  • Longitude: -73.5452

    Address

  • Full Address: 2 Java Rd
  • Address - House Number: 2
  • Address - Street Name: Java
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Patterson
  • Carrier Code: R003
  • 4-Digit Zip Code: 8983
  • Zip Code: 12563

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $891,607
  • Tax Rate Code Area: 373001

    Appraisal Valuation

  • Standard Deviation: 0.2091
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 71
  • Final Value: 368,892
  • High Value: 446,033
  • Low Value: 291,752

    Market Valuation

  • Market Total Value: $272,200
  • Market Land Value: $35,300
  • Market Improvement Value: $236,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $272,200
  • Assessed Land Value: $35,300
  • Assessed Improvements Value: $236,900

    Sales

  • Current Sale Contract Date: Sep 28, 2016
  • Current Sale Recording Date: Oct 11, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1502667
  • Previous Sale Recording Date: Sep 04, 2012
  • Previous Sale Contract Date: Jun 18, 2012
  • Previous Sale Amount: $159,000
  • Previous Sale Document Type: 12
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:

$427,500

Sale Price/ft²

$332

Below Asking

0.02%

Average Days on Market

86

Average Home Size

1639 ft²

Average Home Age

66.5 years

Currently For Sale

13 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

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2 Java Road built and last sold?
The property at 2 Java Road was built in 1948 and last sold on Sep 28, 2016 for $187,500.
How much is this home worth?
The estimated value of the home located at 2 Java Road is $214,408.
What are some comparable homes to 2 Java Road?
There are currently no comparable homes to 2 Java Road.
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