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Putnam
24 Irma Road
$500,000
● House - Off Market

24 Irma Road

Putnam Valley, NY 10579
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,124 Ft²
$974,743
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Stunning Craftsmanship! Owner/Builder, Post & Beam Construction! Unique Home! LR W/River Stone Fireplace & Huge Country Kitchen/DR: Both W/Soaring Ceilings & Beautiful Wood Work! Large MBR: Hand Made Heavy Duty Calif. Closet W/Master Bath W/Shower & Jacuzzi Tub & Deck, All 4 Baths Have Beautiful Tile Work! 2nd & 3rd Spacious BR's w/Walk in Closets, 3 Finished Rms in Basement/9' Ceilings, Full Bath w/Walk Out, 3 Decks, Level Back Yard! Huge 2 Story 26x30 Garage w/Stairs & Barn, Tax W/Star:10,220 Additional Information: ParkingFeatures:2 Car Detached,
Unit Size
3,124 Ft²
Days on Market
-
Land Size
1.11 acres
Price per sqft
$160
Property Type
House
Property Taxes
$958
HOA Dues
-
Year Built
2001

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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 #KEYH3319255)

Price History

Date / Event Date Event Price
Mar 3, 2022 Sold
Premium
Sold
Nov 20, 2019 Sold
Premium
Sold
Oct 18, 2013 Sold
Premium
Sold
Jun 14, 2013 Listed by Coldwell Banker Res Brokerage $500,000
Listed by Coldwell Banker Res Brokerage

Property Highlights

Air Conditioning
Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,318
  • Garage Type: 4
  • Garage Square Area: 780
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 48,352
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,806
  • Building Area: 1,806
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,806
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001110
  • 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: R2

Geography

  • District: 372800
  • Section: 73.17
  • Parcel: 372800 73.17-1-31
  • Block: 1
  • Lot: 31.000
  • Municipality: PUTNAM VALLEY
  • Latitude: 41.3598
  • Longitude: -73.8566

    Address

  • Full Address: 24 Irma Rd
  • Address - House Number: 24
  • Address - Street Name: Irma
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Putnam Valley
  • Carrier Code: R005
  • 4-Digit Zip Code: 2607
  • Zip Code: 10579

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,792,476
  • Tax Rate Code Area: 372803

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 613,490
  • High Value: 720,580
  • Low Value: 506,400

    Market Valuation

  • Market Total Value: $655,300
  • Market Land Value: $176,900
  • Market Improvement Value: $478,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $655,300
  • Assessed Land Value: $176,900
  • Assessed Improvements Value: $478,400

    Sales

  • Current Sale Contract Date: Feb 17, 2022
  • Current Sale Recording Date: Mar 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2236
  • Previous Sale Recording Date: Nov 20, 2019
  • Previous Sale Contract Date: Sep 18, 2019
  • Previous Sale Amount: $435,000
  • 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 Putnam

Stats & Trends

Median Asking:

$579,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2439 ft²

Average Home Age

58.2 years

Currently For Sale

282 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: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 24 Irma Road built and last sold?
The property at 24 Irma Road was built in 2001 and last sold on Feb 17, 2022 for $640,000.
How much is this home worth?
The estimated value of the home located at 24 Irma Road is $530,047.
What are some comparable homes to 24 Irma Road?
There are currently no comparable homes to 24 Irma Road.
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