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Putnam 10541
201 Elm Road
$425,000
● House - Off Market

201 Elm Road

Carmel, NY 10541
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,104 Ft²
$386,821
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Introducing 201 ELm Rd....a charming post-war brick Cape Cod style home.  This home features 3 bedrooms and two full bathrooms.  First floor features a large living room with wood burning fireplace, bedroom, full bath and a spacious kitchen that can use a little updating.  Upstairs includes two bedroom and an updated full bath.  The master bedroom has a deck overlooking the lake.  This home will not last in this market.  A great starter home and perfect for commuters...Three-minute drive to the Taconic State Parkway. Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
1,104 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$352
Property Type
House
Property Taxes
$872
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #KEYH6249211)

Price History

Date / Event Date Event Price
Jun 27, 2023 In contract -
In contract
May 15, 2023 Listed by RE/MAX Town & Country $389,000
Listed by RE/MAX Town & Country
Jul 23, 2001 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 2
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,160
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,104
  • Building Area: 1,104
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,104
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF LAKE SECOR
  • Land Acres: 0000000118
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Mahopac Central School District
  • School Tax School District: MAHOPAC
  • Census Tract: 011100

Zoning

  • Zoning: R

Geography

  • Account Number: 241750
  • District: 372000
  • Section: 63.82
  • Parcel: 372000 63.82-1-49
  • Block: 1
  • Lot: 49.000
  • Municipality: CARMEL
  • Latitude: 41.38
  • Longitude: -73.7914

    Address

  • Full Address: 201 Elm Rd
  • Address - House Number: 201
  • Address - Street Name: Elm
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Mahopac
  • Carrier Code: C001
  • 4-Digit Zip Code: 1001
  • Zip Code: 10541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,046,205
  • Tax Rate Code Area: 372001

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 404,361
  • High Value: 476,685
  • Low Value: 332,037

    Market Valuation

  • Market Total Value: $311,700
  • Market Land Value: $49,000
  • Market Improvement Value: $262,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $311,700
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $262,700

    Sales

  • Current Sale Contract Date: Aug 17, 2023
  • Current Sale Recording Date: Aug 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 4754
  • Previous Sale Recording Date: Jul 23, 2001
  • Previous Sale Contract Date: Jul 09, 2001
  • Previous Sale Amount: $164,000
  • 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

Stats & Trends

Median Asking:

$585,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2333 ft²

Average Home Age

60.8 years

Currently For Sale

282 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 198 Myrtle Avenue, Carmel, NY, 10512

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,180 ft²
198 Myrtle Avenue, Carmel, NY, 10512 Listing by Lawrence P. Zacks
Unit for rent at 174 Myrtle Avenue, Mahopac, NY, 10541

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
174 Myrtle Avenue #D, Mahopac, NY, 10541 Listing by Patricia A. Wagner

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 201 Elm Road built and last sold?
The property at 201 Elm Road was built in 1952 and last sold on Aug 17, 2023 for $425,000.
How much is this home worth?
The estimated value of the home located at 201 Elm Road is $393,995.
What are some comparable homes to 201 Elm Road?
There are currently no comparable homes to 201 Elm Road.
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