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Dutchess 12569
263 Drake Road
$490,000
● House - Off Market

263 Drake Road

Pleasant Valley, NY 12569
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
5,000 Ft²
$835,679
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

Stunning 3/4 bedroom,3.5 bath home.Pristine 8.59 acres of property less then a quarter mile from the Taconic State Parkway is just the beginning.Wood railing fence leading to this gated gem.Stone walls,barn with large over head doors,beautiful view of the pond from your in-ground pool.Very large rooms with hardwood throughout most of the home, 3 fireplaces.This estate home is waiting for its new buyers to add their finishing touches. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,3 Car Detached,
Unit Size
5,000 Ft²
Days on Market
-
Land Size
8.59 acres
Price per sqft
$99
Property Type
House
Property Taxes
$1,442
HOA Dues
-
Year Built
1988

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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: 6 months ago (OneKey MLS #KEYH4602354)

Price History

Date / Event Date Event Price
Mar 18, 2020 Sold
Premium
Sold
Sep 9, 2016 Sold
Premium
Sold
Jan 19, 2016 Listed by Weichert Realtors $495,000
Listed by Weichert Realtors

Property Highlights

Air Conditioning
Garage
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 374,180
  • Total Building Area: 4,818
  • Building Area: 4,818
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 4,818
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000008590
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 8.59 AC (S) 1871 0765 1758 0050

Neighborhood

  • School District Name: Arlington Central School District
  • School Tax School District: ARLINGTON
  • Census Tract: 130003

Zoning

  • Zoning: RR

Geography

  • Account Number: 13078407
  • District: 134400
  • Section: 6.563
  • Parcel: 134400 6563-03-078407-0000
  • Block: 3
  • Lot: 78.407
  • Municipality: PLEASANT VALLEY
  • Latitude: 41.7384
  • Longitude: -73.7807

    Address

  • Full Address: 263 Drake Rd
  • Address - House Number: 263
  • Address - Street Name: Drake
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Pleasant Valley
  • Carrier Code: R084
  • 4-Digit Zip Code: 7344
  • Zip Code: 12569

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,288,625
  • Tax Rate Code Area: 134601

    Appraisal Valuation

  • Standard Deviation: 0.2164
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 655,096
  • High Value: 796,860
  • Low Value: 513,332

    Market Valuation

  • Market Total Value: $770,600
  • Market Land Value: $205,231
  • Market Improvement Value: $565,369

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $606,400
  • Assessed Land Value: $161,500
  • Assessed Improvements Value: $444,900

    Sales

  • Current Sale Contract Date: Mar 02, 2020
  • Current Sale Recording Date: Mar 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-1558
  • Previous Sale Recording Date: Sep 09, 2016
  • Previous Sale Contract Date: Aug 12, 2016
  • Previous Sale Amount: $490,000
  • 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 Dutchess

Stats & Trends

Median Asking:

$499,999

Sale Price/ft²

$270

Below Asking

0.02%

Average Days on Market

87

Average Home Size

2313 ft²

Average Home Age

64.6 years

Currently For Sale

930 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 272 Drake Road, Pleasant Valley, NY, 12569

$5,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,709 ft²
272 Drake Road, Pleasant Valley, NY, 12569 Listing by KARA WINTERS

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 263 Drake Road built and last sold?
The property at 263 Drake Road was built in 1988 and last sold on Mar 2, 2020 for $110,500.
How much is this home worth?
The estimated value of the home located at 263 Drake Road is $546,140.
What are some comparable homes to 263 Drake Road?
There are currently no comparable homes to 263 Drake Road.
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