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Orange 12549
287 Corbett Road
$375,000
● House - Off Market

287 Corbett Road

Montgomery, NY 12549
bedrooms
2 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,092 Ft²
$412,531
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

This is a one of a kind find! Completely renovated a few years ago is this amazing ranch tucked away in complete privacy on top of the mountain! Gorgeous Kitchen cabinets and counter tops along with the gleaming hardwood floors, central A/C. There is a massive walk around covered porch that wraps around the entire house along with all ADA assessable. There is a large detached one car garage also. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Detached,
Unit Size
1,092 Ft²
Days on Market
-
Land Size
4.80 acres
Price per sqft
$365
Property Type
House
Property Taxes
$581
HOA Dues
-
Year Built
1942

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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: 6 months ago (OneKey MLS #KEYH6166048)

Price History

Date / Event Date Event Price
Aug 30, 2022 Sold
Premium
Sold
May 23, 2022 No longer available -
No longer available
Feb 27, 2022 Listed by Curasi Realty, Inc. $399,000
Listed by Curasi Realty, Inc.
Nov 5, 2003 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1942
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 113,256
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002600
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Valley Central School District (Montgomery)
  • School Tax School District: VALLEY-MONTGOME
  • Census Tract: 010601

Zoning

  • Zoning: RA5

Geography

  • District: 334289
  • Section: 19.00
  • Parcel: 334289 19-1-41
  • Block: 1
  • Lot: 41.000
  • Municipality: MONTGOMERY
  • Latitude: 41.5498
  • Longitude: -74.2647

    Address

  • Full Address: 287 Corbett Rd
  • Address - House Number: 287
  • Address - Street Name: Corbett
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Montgomery
  • Carrier Code: R003
  • 4-Digit Zip Code: 2057
  • Zip Code: 12549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $770,289
  • Tax Rate Code Area: 334201

    Appraisal Valuation

  • Standard Deviation: 0.2439
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 404,118
  • High Value: 502,691
  • Low Value: 305,544

    Market Valuation

  • Market Total Value: $360,000
  • Market Land Value: $101,429
  • Market Improvement Value: $258,571

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,200
  • Assessed Land Value: $42,600
  • Assessed Improvements Value: $108,600

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Sep 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20220065444
  • Previous Sale Recording Date: Nov 05, 2003
  • Previous Sale Contract Date: Sep 23, 2003
  • Previous Sale Amount: $183,200
  • 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 Orange

Stats & Trends

Median Asking:

$489,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

93

Average Home Size

2144 ft²

Average Home Age

61.3 years

Currently For Sale

1240 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 67 Union Street, Montgomery, NY, 12549

$2,795 /mo

  • 3 Beds
  • 1 Bath
  • 1,306 ft²
67 Union Street, Montgomery, NY, 12549 Listing by Dawn E. Gregg

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 287 Corbett Road built and last sold?
The property at 287 Corbett Road was built in 1942 and last sold on Aug 30, 2022 for $375,000.
How much is this home worth?
The estimated value of the home located at 287 Corbett Road is $396,062.
What are some comparable homes to 287 Corbett Road?
There are currently no comparable homes to 287 Corbett Road.
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