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Putnam 10509
2 Lookout Drive
$600,000
● House - Off Market

2 Lookout Drive

Southeast, NY 10509
bedrooms
4 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
4,569 Ft²
$4,493
Est. Monthly
7.91%
Cap Rate

About This Property

Back on market! Stately Cape Cod styled home on over 3 private and beautiful bucolic acres! This lovely home is HUGE to say the least, 3 full levels of spacious living featuring pegged oak flooring, original kitchen and baths throughout. This is a great opportunity to customize your dream home in a very valuable area of Milltown in the Town of Southeast! Just a short drive to shopping, schools, and also Danbury/Brookfield CT.! Do NOT hesitate on this one, it's sure to sell quickly. Additional Information: ParkingFeatures:2 Car Attached,
Unit Size
4,569 Ft²
Days on Market
129 days
Land Size
3.48 acres
Price per sqft
$131
Property Type
House
Property Taxes
$1,547
HOA Dues
-
Year Built
1960

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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 #KEYH6334366)

Price History

Date / Event Date Event Price
Mar 7, 2025 Sold
Premium
Sold
Jan 20, 2025 In contract -
In contract
Jan 11, 2025 Relisted $599,900
Relisted
Dec 4, 2024 In contract -
In contract
Nov 23, 2024 Relisted $599,900
Relisted
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,073
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 151,589
  • Lot Size Frontage Feet: 8,100
  • Total Building Area: 3,496
  • Building Area: 3,496
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 3,496
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003480
  • 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: 011900

Zoning

  • Zoning: R160

Geography

  • District: 373089
  • Section: 58.00
  • Parcel: 373089 58.-1-21
  • Block: 1
  • Lot: 21.000
  • Municipality: SOUTHEAST (TOV)
  • Latitude: 41.4098
  • Longitude: -73.5561

    Address

  • Full Address: 2 Lookout Dr
  • Address - House Number: 2
  • Address - Street Name: Lookout
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Brewster
  • Carrier Code: R005
  • 4-Digit Zip Code: 5325
  • Zip Code: 10509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,277,142
  • Tax Rate Code Area: 373001

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 752,630
  • High Value: 863,144
  • Low Value: 642,115

    Market Valuation

  • Market Total Value: $748,400
  • Market Land Value: $108,900
  • Market Improvement Value: $639,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $748,400
  • Assessed Land Value: $108,900
  • Assessed Improvements Value: $639,500
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:

$579,900

Sale Price/ft²

$315

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2362 ft²

Average Home Age

60.8 years

Currently For Sale

285 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 25 Warrington Round, Danbury, CT, 06810

$5,700 /mo

  • 3 Beds
  • 2 Baths
  • 2,350 ft²
25 Warrington Round #25, Danbury, CT, 06810 Listing by Jefferson Guthrie

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 2 Lookout Drive built and last sold?
The property at 2 Lookout Drive was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2 Lookout Drive is $646,429.
What are some comparable homes to 2 Lookout Drive?
There are currently no comparable homes to 2 Lookout Drive.
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