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Preston-Potter Hollow 12469
240 Smith Road
$399,000
● House - Off Market

240 Smith Road

Rensselaerville, NY 12469
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
$399,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Classic Farmhouse, 50 acres, ponds, stream, inground pool, 5 bedroom/3 baths, old barn, mountain views, quiet country road, what more can you ask for? Windham Mountain is only 20 minutes away, Hunter 35 minutes, Belleayre 45 minutes, 1000's of acres of state land only 5 minutes away making this an outdoor enthusiasts dream come true!  as you are wandering the nature trails throughout the property, don't miss the perennial gardens and fruit trees, you will surely fall in love with everything this home has to offer!
Unit Size
-
Days on Market
-
Land Size
50.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$529
HOA Dues
-
Year Built
1890

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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 #202325228)

Price History

Date / Event Date Event Price
Nov 24, 2023 Sold
Premium
Sold
Oct 9, 2023 In contract -
In contract
Sep 22, 2023 Listed by Keller Williams Realty Hudson Valley North $399,000
Listed by Keller Williams Realty Hudson Valley North
Apr 17, 2000 Sold
Premium
Sold

Property Highlights

Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1940
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • 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: 8

    Dimensions

  • Lot Size Square Feet: 2,178,000
  • Total Building Area: 2,319
  • Building Area: 2,319
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,319
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000050000
  • Standard Land Use Code: 1008
  • County Land Use Code: 240
  • Legal Description 1: 00100000300010000000 POOL,H-L

Neighborhood

  • School District Name: Greenville Central School District
  • Census Tract: 014802

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 17000000010140000000
  • District: 013600
  • Section: 170.00
  • Parcel: 013600 170.-1-14
  • Block: 1
  • Lot: 14.000
  • Municipality: RENSSELAERVILLE
  • Latitude: 42.4428
  • Longitude: -74.2288

    Address

  • Full Address: 240 Smith Rd
  • Address - House Number: 240
  • Address - Street Name: Smith
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Preston Hollow
  • Carrier Code: R001
  • 4-Digit Zip Code: 1719
  • Zip Code: 12469

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $651,189
  • Tax Rate Code Area: 193201

    Appraisal Valuation

  • Standard Deviation: 0.1105
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 88
  • Final Value: 416,656
  • High Value: 462,726
  • Low Value: 370,586

    Market Valuation

  • Market Total Value: $285,747
  • Market Land Value: $137,104
  • Market Improvement Value: $148,643

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,300
  • Assessed Land Value: $60,600
  • Assessed Improvements Value: $65,700

    Sales

  • Current Sale Contract Date: Apr 06, 2000
  • Current Sale Recording Date: Apr 17, 2000
  • Current Sale Price:
    Premium
  • Current 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 Preston-Potter Hollow

Stats & Trends

Median Asking:

$149,900

Sale Price/ft²

$153

Below Asking

0.02%

Average Days on Market

116

Average Home Size

1891 ft²

Average Home Age

114.5 years

Currently For Sale

2 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: Lacey B Sala
Keller Williams Realty Hudson Valley North
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202325228
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 Smith Road built and last sold?
The property at 240 Smith Road was built in 1890 and last sold on Apr 6, 2000 for $110,000.
How much is this home worth?
The estimated value of the home located at 240 Smith Road is $0.
What are some comparable homes to 240 Smith Road?
There are currently no comparable homes to 240 Smith Road.
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