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Putnam
22 Ferris Drive
$750,000
● House - Off Market

22 Ferris Drive

Philipstown, NY 10524
bedrooms
2 Beds
bathrooms
3 Baths
square feet
2,200 Ft²
$4,135
Est. Monthly
4.43%
Cap Rate

About This Property

Garrison schools and lake community complete this bright and beautiful new construction with open floor plan, hardwood floors, main floor bedroom and bath and beautiful primary suite on second floor. Home office with bath serves as the perfect guest suite.  Located in Continental Village which offers tennis courts, playground, club house, lake for swimming, fishing and kayaking.  All an easy 10 minute drive to Metro North trains. Additional Information:  Amenities:Storage,ParkingFeatures:2 Car Attached,
Unit Size
2,200 Ft²
Days on Market
179 days
Land Size
1.19 acres
Price per sqft
$350
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1950

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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 #KEYH6324535)

Price History

Date / Event Date Event Price
Mar 27, 2025 Sold
Premium
Sold
Feb 23, 2025 In contract -
In contract
Nov 23, 2024 Relisted $150,000
Relisted
Nov 23, 2024 No longer available -
No longer available
Sep 29, 2024 Listed by Houlihan Lawrence Inc. $769,000
Listed by Houlihan Lawrence Inc.
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 51,836
  • Lot Size Frontage Feet: 2,620
  • Total Building Area: 608
  • Building Area: 608
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 608
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP 4 OF CONTINENTAL VILLAGE
  • Land Acres: 0000001190
  • Standard Land Use Code: 1012
  • County Land Use Code: 260

Neighborhood

  • School Tax School District: GARRISON
  • Census Tract: 010800

Zoning

  • Zoning: R40

Geography

  • Account Number: 102800
  • District: 372689
  • Section: 90.08
  • Parcel: 372689 90.8-1-32
  • Block: 1
  • Lot: 32.000
  • Municipality: PHILIPSTOWN (TOV)
  • Latitude: 41.3304
  • Longitude: -73.9184

    Address

  • Full Address: 22 Ferris Dr
  • Address - House Number: 22
  • Address - Street Name: Ferris
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Garrison
  • Carrier Code: R001
  • 4-Digit Zip Code: 3218
  • Zip Code: 10524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $420,041
  • Tax Rate Code Area: 372604

    Appraisal Valuation

  • Standard Deviation: 0.2062
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 72
  • Final Value: 316,008
  • High Value: 381,172
  • Low Value: 250,845

    Market Valuation

  • Market Total Value: $278,251
  • Market Land Value: $130,608
  • Market Improvement Value: $147,643

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,000
  • Assessed Land Value: $46,000
  • Assessed Improvements Value: $52,000

    Sales

  • Current Sale Contract Date: Dec 20, 2021
  • Current Sale Recording Date: Jan 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 693-2022
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 26 Pump House Road, Cortlandt Manor, NY, 10567

$3,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,363 ft²
26 Pump House Road, Cortlandt Manor, NY, 10567 Listing by Annemarie Credentino

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 22 Ferris Drive built and last sold?
The property at 22 Ferris Drive was built in 1950 and last sold on Dec 20, 2021 for $150,000.
How much is this home worth?
The estimated value of the home located at 22 Ferris Drive is $753,345.
What are some comparable homes to 22 Ferris Drive?
There are currently no comparable homes to 22 Ferris Drive.
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