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Putnam
231 Wiccopee Road
$586,000
● House - Off Market

231 Wiccopee Road

Putnam Valley, NY 10579
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,141 Ft²
$706,306
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

C.1795 Colonial farmhouse (formerly Wiccopee Farm) sited on 14.86 acres of wooded, cleared and orchard land complete with a "red" barn. 300 feet from a Fahnestock Park trailhead. Four (4) bedrooms, one located on 1st floor, 2 baths, living room with heatalator fireplace, formal dining room with original flooring and wood stove. Antiquated kitchen that needs imagination. Perfect for the restoration buff who has the ability/finances to do the work needed. Possible subdivision for one or two lots with a 5-acre minimum  OR a great weekend retreat with some upgrades. Easy commute to/from NYC via Taconic State Parkway or the mountains to the north. Additional Information:  Amenities:Storage,
Unit Size
2,141 Ft²
Days on Market
-
Land Size
14.86 acres
Price per sqft
$315
Property Type
House
Property Taxes
$1,242
HOA Dues
-
Year Built
1795

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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 #KEYH6188292)

Price History

Date / Event Date Event Price
Oct 26, 2022 Sold
Premium
Sold
Aug 27, 2022 In contract -
In contract
May 27, 2022 Listed by Limited Editions Realty, Inc. $675,000
Listed by Limited Editions Realty, Inc.

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1795
  • Effective Year Built: 1795
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 647,302
  • Lot Size Frontage Feet: 7,000
  • Total Building Area: 2,141
  • Building Area: 2,141
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 2,141
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000014860
  • 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: 011000

Zoning

  • Zoning: CD

Geography

  • Account Number: 220900
  • District: 372800
  • Section: 41.00
  • Parcel: 372800 41.-2-2
  • Block: 2
  • Lot: 2.000
  • Municipality: PUTNAM VALLEY
  • Latitude: 41.4292
  • Longitude: -73.8107

    Address

  • Full Address: 231 Wiccopee Rd
  • Address - House Number: 231
  • Address - Street Name: Wiccopee
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Putnam Valley
  • Carrier Code: R001
  • 4-Digit Zip Code: 1603
  • Zip Code: 10579

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,494,700
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 372803

    Appraisal Valuation

  • Standard Deviation: 0.1721
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 646,410
  • High Value: 757,660
  • Low Value: 535,159

    Market Valuation

  • Market Total Value: $546,400
  • Market Land Value: $147,500
  • Market Improvement Value: $398,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $546,400
  • Assessed Land Value: $147,500
  • Assessed Improvements Value: $398,900

    Sales

  • Current Sale Contract Date: Oct 20, 2022
  • Current Sale Recording Date: Oct 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 9441
  • Previous Sale Recording Date: Oct 05, 2009
  • Previous Sale Contract Date: Oct 03, 2009
  • Previous 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 Putnam

Stats & Trends

Median Asking:

$585,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2364 ft²

Average Home Age

60.5 years

Currently For Sale

292 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 317 Lake Shore Road, Putnam Valley, NY, 10579

$5,500 /mo

  • 2 Beds
  • 1 Bath
  • 920 ft²
317 Lake Shore Road, Putnam Valley, NY, 10579 Listing by Joshua Harding

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 231 Wiccopee Road built and last sold?
The property at 231 Wiccopee Road was built in 1795 and last sold on Oct 20, 2022 for $586,000.
How much is this home worth?
The estimated value of the home located at 231 Wiccopee Road is $674,335.
What are some comparable homes to 231 Wiccopee Road?
There are currently no comparable homes to 231 Wiccopee Road.
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