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Orange 12586
271 Berea Road
$260,000
● House - Off Market

271 Berea Road

Montgomery, NY 12586
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,893 Ft²
$2,131
Est. Monthly
8.55%
Cap Rate

About This Property

Explore the potential of this unique Geodesic Dome Home on 3.2 acres within the Valley Central School District. This 2-bedroom, 1-bath home also features an additional room that could serve as an office or an extra bedroom. While the home requires renovation, it is very solid and offers a fantastic opportunity to customize a one-of-a-kind structure on a spacious lot.

With its distinctive design and ample acreage, this home invites creativity and vision to make it truly special. Enjoy the privacy of rural living while being within a short drive of local amenities and one mile to Route 17K and close to I-84. Schedule a viewing to envision what this dome home could become Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
Unit Size
1,893 Ft²
Days on Market
92 days
Land Size
3.20 acres
Price per sqft
$148
Property Type
House
Property Taxes
$756
HOA Dues
-
Year Built
1981

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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: 4 months ago (OneKey MLS #KEYH6335637)

Price History

Date / Event Date Event Price
Feb 7, 2025 Sold
Premium
Sold
Jan 14, 2025 In contract -
In contract
Nov 7, 2024 Listed by eXp Realty $279,990
Listed by eXp Realty
Oct 18, 2000 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 139,392
  • Total Building Area: 1,893
  • Building Area: 1,893
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,893
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VAN DAM
  • Land Acres: 0000003200
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LT 2 VAN DAM SUB ES BEREA RD

Neighborhood

  • School District Name: Valley Central School District (Montgomery)
  • School Tax School District: VALLEY-MONTGOME
  • Census Tract: 010602

Zoning

  • Zoning: RA5

Geography

  • District: 334289
  • Section: 14.00
  • Parcel: 334289 14-1-55.22
  • Block: 1
  • Lot: 55.220
  • Municipality: MONTGOMERY
  • Latitude: 41.5391
  • Longitude: -74.1662

    Address

  • Full Address: 271 Berea Rd
  • Address - House Number: 271
  • Address - Street Name: Berea
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Walden
  • Carrier Code: R003
  • 4-Digit Zip Code: 2904
  • Zip Code: 12586

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $925,407
  • Tax Rate Code Area: 334201

    Appraisal Valuation

  • Standard Deviation: 0.2262
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 464,699
  • High Value: 569,834
  • Low Value: 359,564

    Market Valuation

  • Market Total Value: $422,400
  • Market Land Value: $118,577
  • Market Improvement Value: $303,823

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,400
  • Assessed Land Value: $49,800
  • Assessed Improvements Value: $127,600

    Sales

  • Current Sale Contract Date: Oct 12, 2000
  • Current Sale Recording Date: Oct 18, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
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 Orange

Stats & Trends

Median Asking:

$484,950

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

89

Average Home Size

2239 ft²

Average Home Age

61 years

Currently For Sale

1263 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 310 Browns Road, Walden, NY, 12586

$2,700 /mo

  • 3 Beds
  • 1 Bath
  • 1,600 ft²
310 Browns Road, Walden, NY, 12586 Listing by Nicole Gold

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 271 Berea Road built and last sold?
The property at 271 Berea Road was built in 1981 and last sold on Oct 12, 2000 for $150,000.
How much is this home worth?
The estimated value of the home located at 271 Berea Road is $0.
What are some comparable homes to 271 Berea Road?
There are currently no comparable homes to 271 Berea Road.
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