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Ulster
2364 County Road 3
$410,000
● House - Off Market

2364 County Road 3

Olive, NY 12461
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,728 Ft²
$447,193
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Country getaway nestled on nearly five acres of meadow, woods and gorgeous rock outcroppings.   This three bedroom cape is perfect for a primary or secondary home.  Classic "cabin in the woods", overflowing with rustic charm.  Brick fireplace with propane insert too. Covered porch is perfect for enjoying your morning coffee or favorite book.  Carport with attached shop makes a great studio space too. Call today for a tour.
Unit Size
1,728 Ft²
Days on Market
-
Land Size
4.80 acres
Price per sqft
$260
Property Type
House
Property Taxes
$374
HOA Dues
-
Year Built
1981

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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 #KEYH6245991)

Price History

Date / Event Date Event Price
Aug 8, 2023 In contract -
In contract
Jun 12, 2023 Price Decreased $450,000
↓ $32K (6.6%)
Price Decreased
May 10, 2023 Price Decreased $482,000
↓ $18K (3.6%)
Price Decreased
Apr 28, 2023 Listed by Keller Williams Hudson Valley $500,000
Listed by Keller Williams Hudson Valley

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 209,088
  • Total Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004800
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Onteora Central School District
  • School Tax School District: ONTEORA
  • Census Tract: 951000

Zoning

  • Zoning: 03 - MULTI

Geography

  • Account Number: 106155.000
  • District: 514000
  • Section: 53.03
  • Parcel: 514000 53.3-3-22
  • Block: 3
  • Lot: 22.000
  • Municipality: OLIVE
  • Latitude: 41.9081
  • Longitude: -74.2701

    Address

  • Full Address: 2364 County Road 3
  • Address - House Number: 2364
  • Address - Street Name: County Road 3
  • State: NY
  • City Name: Olivebridge
  • Carrier Code: R002
  • 4-Digit Zip Code: 5114
  • Zip Code: 12461

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $364,651
  • Tax Rate Code Area: 514001

    Appraisal Valuation

  • Standard Deviation: 0.2532
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 64
  • Final Value: 410,199
  • High Value: 514,096
  • Low Value: 306,303

    Market Valuation

  • Market Total Value: $321,825
  • Market Land Value: $81,473
  • Market Improvement Value: $240,352

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,700
  • Assessed Land Value: $74,100
  • Assessed Improvements Value: $218,600

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 08, 2023
  • Current Sale Recording Date: Sep 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2023-10484
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 Ulster

Stats & Trends

Median Asking:

$480,000

Sale Price/ft²

$283

Below Asking

0.02%

Average Days on Market

87

Average Home Size

7251 ft²

Average Home Age

67.3 years

Currently For Sale

571 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

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2364 County Rd 3 built and last sold?
The property at 2364 County Rd 3 was built in 1981 and last sold on Sep 8, 2023 for $410,000.
How much is this home worth?
The estimated value of the home located at 2364 County Rd 3 is $455,453.
What are some comparable homes to 2364 County Rd 3?
There are currently no comparable homes to 2364 County Rd 3.
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