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Sullivan
2545 State Route 42
$118,000
● House - Off Market

2545 State Route 42

Forestburgh, NY 12777
bedrooms
3 Beds
bathrooms
1 Bath
square feet
996 Ft²
$189,565
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

3 bedroom ranch located on almost 1/2 acre of property.  Large front yard.  Recently updated eat-in-kitchen.  Large living room.  Hardwood floors throughout.  Full basement, new hot water heater and furnace.   Updated electric service. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Detached,
Unit Size
996 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$125
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1968

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (OneKey MLS #KEYH4825963)

Price History

Date / Event Date Event Price
Jan 3, 2019 Sold
Premium
Sold
Jun 6, 2018 Listed by Exit Realty Connections $124,599
Listed by Exit Realty Connections
May 20, 2016 Sold
Premium
Sold
Nov 7, 2015 Listed by Exit Realty Connections $27,000
Listed by Exit Realty Connections

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 4
  • Garage Square Area: 756
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 1,711
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 996
  • Building Area: 996
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 996
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 1 ST HOUSE & GAR GL 13 DIV 1

Neighborhood

  • School District Name: Monticello Central School District
  • School Tax School District: MONTICELLO
  • Census Tract: 951702

Zoning

  • Zoning: 01 - NOT Z

Geography

  • Account Number: 036500
  • District: 483000
  • Section: 24
  • Parcel: 483000 24.-1-22
  • Block: 1
  • Lot: 22.000
  • Municipality: FORESTBURGH
  • Latitude: 41.5686
  • Longitude: -74.7403

    Address

  • Full Address: 2545 State Route 42
  • Address - House Number: 2545
  • Address - Street Name: State Route 42
  • State: NY
  • City Name: Forestburgh
  • Carrier Code: R081
  • 4-Digit Zip Code: 6154
  • Zip Code: 12777

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 484601

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 137,408
  • High Value: 160,034
  • Low Value: 114,781

    Market Valuation

  • Market Total Value: $114,900
  • Market Land Value: $12,031
  • Market Improvement Value: $102,869

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,000
  • Assessed Land Value: $8,900
  • Assessed Improvements Value: $76,100

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 20, 2018
  • Current Sale Recording Date: Jan 03, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019-129
  • Previous Sale Recording Date: May 20, 2016
  • Previous Sale Contract Date: Apr 27, 2016
  • Previous Sale Amount: $26,500
  • 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 Sullivan

Stats & Trends

Median Asking:

$388,000

Sale Price/ft²

$235

Below Asking

0.02%

Average Days on Market

97

Average Home Size

2336 ft²

Average Home Age

59.8 years

Currently For Sale

676 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

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2545 State Route 42 built and last sold?
The property at 2545 State Route 42 was built in 1968 and last sold on Dec 20, 2018 for $118,000.
How much is this home worth?
The estimated value of the home located at 2545 State Route 42 is $128,305.
What are some comparable homes to 2545 State Route 42?
There are currently no comparable homes to 2545 State Route 42.
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