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Orange 12586
29 Mountain View Terrace
$220,000
● House - Off Market

29 Mountain View Terrace

Montgomery, NY 12586
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,258 Ft²
$296,044
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

One level living in this adorable, affordable home located on a quiet street.  This home features beautiful landscaping and lush gardens.

Original Hardwood floors throughout. Kitchen has been updated with maple cabinets.  Large family room off the rear of the home with door that leads to the back deck. Reasonable taxes. Priced to sell . Great location in the Valley Central School District. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
Unit Size
1,258 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$174
Property Type
House
Property Taxes
$501
HOA Dues
$25
Year Built
1955

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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 #KEYH6044590)

Price History

Date / Event Date Event Price
Oct 7, 2020 Sold
Premium
Sold
Jun 11, 2020 Listed by Cronin & Company Real Estate $219,000
Listed by Cronin & Company Real Estate

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 5
  • 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: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,258
  • Building Area: 1,258
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,258
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000688
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: MOUNTAIN VIEW TERR (PROP)

Neighborhood

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

Zoning

  • Zoning: RA1

Geography

  • District: 334289
  • Section: 16.00
  • Parcel: 334289 16-2-3
  • Block: 2
  • Lot: 3.000
  • Municipality: MONTGOMERY
  • Latitude: 41.5436
  • Longitude: -74.1262

    Address

  • Full Address: 29 Mountain View Ter
  • Address - House Number: 29
  • Address - Street Name: Mountain View
  • Address - Suffix Type: Ter
  • State: NY
  • City Name: Walden
  • Carrier Code: R003
  • 4-Digit Zip Code: 2407
  • Zip Code: 12586

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $594,159
  • Tax Rate Code Area: 334201

    Appraisal Valuation

  • Standard Deviation: 0.2439
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 317,898
  • High Value: 395,441
  • Low Value: 240,355

    Market Valuation

  • Market Total Value: $271,200
  • Market Land Value: $89,527
  • Market Improvement Value: $181,673

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,900
  • Assessed Land Value: $37,600
  • Assessed Improvements Value: $76,300

    Sales

  • Current Sale Contract Date: Sep 24, 2020
  • Current Sale Recording Date: Oct 07, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20200053140
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 24x Willdwood Drive, Rock Tavern, NY, 12575

$5,200 /mo

  • 3 Beds
  • 2 Baths
  • 3,600 ft²
24x Willdwood Drive, Rock Tavern, NY, 12575 Listing by Geoffrey E. Grivalsky
Unit for rent at 30 Copper Rock Road, Walden, NY, 12586

$4,950 /mo

  • 4 Beds
  • 3 Baths
  • 2,909 ft²
30 Copper Rock Road, Walden, NY, 12586 Listing by Sandra Spector

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 29 Mountain View Terrace built and last sold?
The property at 29 Mountain View Terrace was built in 1955 and last sold on Sep 24, 2020 for $220,000.
How much is this home worth?
The estimated value of the home located at 29 Mountain View Terrace is $227,964.
What are some comparable homes to 29 Mountain View Terrace?
There are currently no comparable homes to 29 Mountain View Terrace.
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