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Beaver Dam Lake 12553
24 Alder Drive
$338,000
● House - Off Market

24 Alder Drive

Cornwall, NY 12553
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,588 Ft²
$355,708
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Lake views from your front steps! Come Enjoy all Beaver Damn Lake has to offer. Lake rights provide a Private Beach, Lake access and Picnic Area. Fishing, Swimming or Boating, there's something here for everyone. This 3bd 2ba home is located in the Cornwall School District. Features include a Recently Renovated Kitchen w/ Custom Cabinets, Granite Countertops and Stainless Steel Appliances. Two Brand New Tiled Baths w/ New Vanities and Light Fixtures. Hardwood floors throughout 2nd floor. A Finished Basement and Wood Burning Stove. Head out back to the Large Deck and Paved Area for Activities. A few Personal Touches can turn this into your Dream Home. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Unit Size
1,588 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$201
Property Type
House
Property Taxes
$758
HOA Dues
-
Year Built
1984

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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 #KEYH6131597)

Price History

Date / Event Date Event Price
Dec 22, 2021 Sold
Premium
Sold
Nov 5, 2021 Sold
Premium
Sold
Jul 19, 2021 Listed by HomeSmart Homes & Estates $319,000
Listed by HomeSmart Homes & Estates
Jun 8, 2001 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 504
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,588
  • Building Area: 1,588
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,588
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BEAVER DAM LAKE SECTION 1
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Cornwall Central School District
  • School Tax School District: CORNWALL
  • Census Tract: 013100

Geography

  • Account Number: Jul 12, 2002
  • District: 332489
  • Section: 2.00
  • Parcel: 332489 2-7-12
  • Block: 7
  • Lot: 12.000
  • Municipality: CORNWALL
  • Latitude: 41.443
  • Longitude: -74.1065

    Address

  • Full Address: 24 Alder Dr
  • Address - House Number: 24
  • Address - Street Name: Alder
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: New Windsor
  • Carrier Code: R004
  • 4-Digit Zip Code: 5800
  • Zip Code: 12553

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,021,325
  • Tax Rate Code Area: 332401

    Appraisal Valuation

  • Standard Deviation: 0.253
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 423,469
  • High Value: 530,629
  • Low Value: 316,309

    Market Valuation

  • Market Total Value: $352,600
  • Market Land Value: $89,707
  • Market Improvement Value: $262,893

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,800
  • Assessed Land Value: $60,500
  • Assessed Improvements Value: $177,300

    Sales

  • Current Sale Contract Date: Nov 04, 2021
  • Current Sale Recording Date: Dec 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20210085734
  • Previous Sale Recording Date: Jun 08, 2001
  • Previous Sale Contract Date: Jun 05, 2001
  • Previous Sale Amount: $173,000
  • 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 Beaver Dam Lake

Stats & Trends

Median Asking:

$499,999

Sale Price/ft²

$287

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2316 ft²

Average Home Age

59.9 years

Currently For Sale

11 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 2135 State Route 94, Salisbury Mills, NY, 12577

$1,400 /mo

  • 1 Bed
  • 1 Bath
  • 550 ft²
2135 State Route 94 #5, Salisbury Mills, NY, 12577 Listing by Carole M McCann
Unit for rent at 2719 Colonial Drive, New Windsor, NY, 12553

$4,100 /mo

  • 4 Beds
  • 2 Baths
  • 2,488 ft²
2719 Colonial Drive, New Windsor, NY, 12553 Listing by Andrea C. Mahoney

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 24 Alder Drive built and last sold?
The property at 24 Alder Drive was built in 1984 and last sold on Nov 4, 2021 for $338,000.
How much is this home worth?
The estimated value of the home located at 24 Alder Drive is $330,678.
What are some comparable homes to 24 Alder Drive?
There are currently no comparable homes to 24 Alder Drive.
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