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Washington 12834
241 RAY Road
$79,000
● House - Off Market

241 RAY Road

Greenwich, NY 12834
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
$170,912
RealtyHop Estimate
116.34%
Since Mar 1, 2010
National-US
Primary Model

About This Property

Great address; great company! The price is right~ Opportunity is knocking. Three bedrooms; full bath, generous kitchen; expandable walk out lower level with additional bedroom potential, family room and bath. Located just outside Greenwich Village; perfect place to invest in yourself. The amenities you add are up to you; the choice is yours! When you think of investment potential; think of Ray Road! Good Condition
Unit Size
-
Days on Market
-
Land Size
0.50 acres
Price per sqft
-
Property Type
House
Property Taxes
$182
HOA Dues
-
Year Built
1971

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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 #29112863)

Price History

Date / Event Date Event Price
Feb 3, 2010 Sold
Premium
Sold
Jul 6, 2009 Listed by Reynolds Real Estate $79,000
Listed by Reynolds Real Estate
Jan 24, 2003 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,750
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,450
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000499
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: RES

Neighborhood

  • School District Name: Greenwich Central School District
  • School Tax School District: GREENWICH
  • Census Tract: 089000

Zoning

  • Zoning: RA

Geography

  • Account Number: 885J101753
  • District: 533489
  • Section: 222.00
  • Parcel: 533489 222.-1-17
  • Block: 1
  • Lot: 17.000
  • Municipality: GREENWICH (TOV)
  • Latitude: 43.1159
  • Longitude: -73.4603

    Address

  • Full Address: 241 Ray Rd
  • Address - House Number: 241
  • Address - Street Name: Ray
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Greenwich
  • Carrier Code: R002
  • 4-Digit Zip Code: 2914
  • Zip Code: 12834

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $308,456
  • Tax Rate Code Area: 533401

    Appraisal Valuation

  • Standard Deviation: 0.1347
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 52
  • Final Value: 161,752
  • High Value: 214,224
  • Low Value: 109,279

    Market Valuation

  • Market Total Value: $132,400
  • Market Land Value: $21,100
  • Market Improvement Value: $111,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $132,400
  • Assessed Land Value: $21,100
  • Assessed Improvements Value: $111,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 02, 2010
  • Current Sale Recording Date: Feb 03, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 24, 2003
  • Previous Sale Contract Date: Dec 04, 2002
  • Previous Sale Amount: $68,200
  • 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 Washington

Stats & Trends

Median Asking:

$239,000

Sale Price/ft²

$161

Below Asking

0.03%

Average Days on Market

70

Average Home Size

1999 ft²

Average Home Age

92.7 years

Currently For Sale

234 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: Roberta Stone
Reynolds Real Estate
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 29112863
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 241 Ray Road built and last sold?
The property at 241 Ray Road was built in 1971 and last sold on Feb 2, 2010 for $74,500.
How much is this home worth?
The estimated value of the home located at 241 Ray Road is $79,790.
What are some comparable homes to 241 Ray Road?
There are currently no comparable homes to 241 Ray Road.
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