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Putnam
21 CHERRY Lane
$135,000
● House - Off Market

21 CHERRY Lane

Putnam Valley, NY 10579
bedrooms
2 Beds
bathrooms
1 Bath
square feet
850 Ft²
$241,801
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Owner say sell!  Nice private Street, Level Park like property Gardeners dream,  Level corner lot.  Single story house, Large Living room, two good size Bedrooms, Full unfinished Attic.  Loads of possibilities for the quite charming home.    Driveway on Peach St side of home.1000 gal septic tank.  Better then a Condo.  Owner says Sell! Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
850 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$159
Property Type
House
Property Taxes
$534
HOA Dues
-
Year Built
1940

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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 #KEYH4422308)

Price History

Date / Event Date Event Price
May 22, 2015 Sold
Premium
Sold
Jun 26, 2014 Listed by Patricia Schiller Real Est Co. $135,000
Listed by Patricia Schiller Real Est Co.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 850
  • Building Area: 850
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 850
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000241
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Putnam Valley Central School District
  • School Tax School District: PUTNAM VALLEY
  • Census Tract: 010902

Zoning

  • Zoning: R1

Geography

  • Account Number: 222550
  • District: 372800
  • Section: 73.09
  • Parcel: 372800 73.9-1-20
  • Block: 1
  • Lot: 20.000
  • Municipality: PUTNAM VALLEY
  • Latitude: 41.373
  • Longitude: -73.8566

    Address

  • Full Address: 21 Cherry Ln
  • Address - House Number: 21
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Putnam Valley
  • Carrier Code: R004
  • 4-Digit Zip Code: 2504
  • Zip Code: 10579

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $679,915
  • Tax Rate Code Area: 372803

    Appraisal Valuation

  • Standard Deviation: 0.2091
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 71
  • Final Value: 327,646
  • High Value: 396,161
  • Low Value: 259,130

    Market Valuation

  • Market Total Value: $257,400
  • Market Land Value: $69,500
  • Market Improvement Value: $187,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $257,400
  • Assessed Land Value: $69,500
  • Assessed Improvements Value: $187,900

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2015
  • Current Sale Recording Date: May 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1501136
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:

$579,000

Sale Price/ft²

$317

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2444 ft²

Average Home Age

57.5 years

Currently For Sale

276 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 450 Oscawana Lake Rd, Putnam Valley, NY, 10579

$3,000 /mo

  • 1 Bed
  • 1 Bath
  • 925 ft²
450 Oscawana Lake Rd, Putnam Valley, NY, 10579 Listing by Anesha Nesbitt

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 21 Cherry Lane built and last sold?
The property at 21 Cherry Lane was built in 1940 and last sold on May 11, 2015 for $135,000.
How much is this home worth?
The estimated value of the home located at 21 Cherry Lane is $143,464.
What are some comparable homes to 21 Cherry Lane?
There are currently no comparable homes to 21 Cherry Lane.
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