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Schoharie
240 Cresent Road
$230,000
● House - Off Market

240 Cresent Road

Gilboa, NY 12076
bedrooms
3 Beds
bathrooms
2 Baths
$1,442
Est. Monthly
9.05%
Cap Rate

About This Property

Nestled on a sprawling 30-acre property, this charming 3 bedroom, 2 bathroom doublewide home offers a perfect blend of comfort & privacy. The spacious design features a large primary bedroom complete with an ensuite bathroom. The additional 2 bedrooms provide ample space for family, guests, or a home office. With low taxes, this property is not only a serene escape but also a smart investment. Conveniently located just a little over 2.5 miles from Mine Kill State Park, outdoor enthusiasts will delight in the proximity to hiking & various recreational activities. Additionally, the New York Power Authority Blenheim-Gilboa Visitors Center is just less than 4 miles away, offering beautiful sights, making it a perfect outing for families and visitors. Don't miss out!
Unit Size
-
Days on Market
-
Land Size
30.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
-

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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: 3 years ago (Global MLS #202419528)

Price History

Date / Event Date Event Price
Aug 12, 2024 Sold
Premium
Sold
Jul 4, 2024 In contract -
In contract
Jun 17, 2024 Listed by Country Boy Realty $249,900
Listed by Country Boy Realty
Aug 26, 2003 Sold
Premium
Sold
Jun 28, 1996 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • 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: 1,306,800
  • Lot Size Frontage Feet: 3,678
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000030000
  • Standard Land Use Code: 1006
  • County Land Use Code: 270
  • Mobile Home Indicator: T

Neighborhood

  • School District Name: Gilboa-Conesville Central School District
  • School Tax School District: GILBOA-CONESVIL
  • Census Tract: 740800

Zoning

  • Zoning: 01 - NOT Z

Geography

  • Account Number: 475J178030
  • District: 433400
  • Section: 200.00
  • Parcel: 433400 200.-6-21
  • Block: 6
  • Lot: 21.000
  • Municipality: GILBOA
  • Latitude: 42.4097
  • Longitude: -74.4656

    Address

  • Full Address: 240 Cresent Rd
  • Address - House Number: 240
  • Address - Street Name: Cresent
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Gilboa
  • Zip Code: 12076

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $272,197
  • Tax Rate Code Area: 433401

    Appraisal Valuation

  • Standard Deviation: 0.4558
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 8
  • Final Value: 598,979
  • High Value: 872,039
  • Low Value: 325,918

    Market Valuation

  • Market Total Value: $146,341
  • Market Land Value: $60,975
  • Market Improvement Value: $85,366

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,400
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $1,400

    Sales

  • Current Sale Contract Date: Aug 04, 2003
  • Current Sale Recording Date: Aug 26, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jun 28, 1996
  • Previous Sale Contract Date: May 31, 1996
  • Previous Sale Amount: $23,900
  • 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 Schoharie

Stats & Trends

Median Asking:

$280,000

Sale Price/ft²

$170

Below Asking

0.03%

Average Days on Market

82

Average Home Size

2064 ft²

Average Home Age

83.5 years

Currently For Sale

142 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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Global MLS

Listed by: Christy L Gillespie-Quinn
Country Boy Realty
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202419528
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 240 Cresent Road built and last sold?
The property at 240 Cresent Road was built in and last sold on Aug 4, 2003 for $35,000.
How much is this home worth?
The estimated value of the home located at 240 Cresent Road is $252,399.
What are some comparable homes to 240 Cresent Road?
There are currently no comparable homes to 240 Cresent Road.
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