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Montgomery 12549
2 Sycamore Drive
$475,000
● House - Off Market

2 Sycamore Drive

Montgomery, NY 12549
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,642 Ft²
$3,125
Est. Monthly
6.52%
Cap Rate

About This Property

LOCATION! LOCATION! LOCATION! Embrace the quintessential village lifestyle where you will enjoy top-rated restaurants, quaint shops, and eateries.  Explore the beautiful Hudson Valley's parks, golf, hiking, pickleball courts and wineries.  Nestled in the heart of the highly desirable Village of Montgomery is this 3 bedroom, 3 bath raised ranch. This well maintained home features an open concept perfect for family gatherings.  There is also a large family room downstairs that can be converted to serve your lifestyle. There is an outside trex deck upstairs with a sliding door for easy access, as well as a patio downstairs with a sliding door as well. This lovely home has a new roof, skylights and includes an alarm system. A MUST SEE!  Book your appointment for the home of your dreams-IT WON'T LAST LONG!
Unit Size
1,642 Ft²
Days on Market
71 days
Land Size
0.20 acres
Price per sqft
$292
Property Type
House
Property Taxes
$768
HOA Dues
-
Year Built
1998

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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 #KEY802478)

Price History

Date / Event Date Event Price
Feb 28, 2025 Sold
Premium
Sold
Jan 10, 2025 In contract -
In contract
Dec 19, 2024 Listed by Curasi Realty, Inc. $479,900
Listed by Curasi Realty, Inc.
Jul 10, 1998 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • 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: 480
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,625
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,642
  • Building Area: 1,642
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,642
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LT 1 ROLLING MEADOWS BLK B SEC 1 MAP 87-95

Neighborhood

  • School District Name: Valley Central School District (Montgomery)
  • School Tax School District: VALLEY-MONTGOME
  • Census Tract: 010802

Zoning

  • Zoning: RA3

Geography

  • District: 334203
  • Section: 209.00
  • Parcel: 334203 209-1-19
  • Block: 1
  • Lot: 19.000
  • Municipality: MONTGOMERY
  • Latitude: 41.5212
  • Longitude: -74.241

    Address

  • Full Address: 2 Sycamore Dr
  • Address - House Number: 2
  • Address - Street Name: Sycamore
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Montgomery
  • Carrier Code: C001
  • 4-Digit Zip Code: 1527
  • Zip Code: 12549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $915,205
  • Tax Rate Code Area: 334201

    Appraisal Valuation

  • Standard Deviation: 0.2405
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 392,114
  • High Value: 486,456
  • Low Value: 297,772

    Market Valuation

  • Market Total Value: $348,100
  • Market Land Value: $85,715
  • Market Improvement Value: $262,385

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,200
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $110,200

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 1998
  • Current Sale Recording Date: Jul 10, 1998
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 Montgomery

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$259

Below Asking

0.01%

Average Days on Market

75

Average Home Size

2213 ft²

Average Home Age

103.8 years

Currently For Sale

6 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

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2 Sycamore Drive built and last sold?
The property at 2 Sycamore Drive was built in 1998 and last sold on Jun 30, 1998 for $149,900.
How much is this home worth?
The estimated value of the home located at 2 Sycamore Drive is $477,880.
What are some comparable homes to 2 Sycamore Drive?
There are currently no comparable homes to 2 Sycamore Drive.
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