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Nelsonville 10516
298 Main Street
Photo of 298 Main Street
Sold on Apr 17, 2025

18

Map

Photo of 298 Main Street
Photo of 298 Main Street
$390,000
● House - Off Market

298 Main Street

Philipstown, NY 10516
bedrooms
1 Bed
bathrooms
1 Bath
square feet
954 Ft²
$2,487
Est. Monthly
5.48%
Cap Rate

About This Property

Step back into time as you enter this 1850's home located in the heart of Cold Spring Village.  The original wide plank floors and 2 fireplaces are an example of this home's charm and character.  A perfect place for either weekend getaway or full time Village living.  Walking distance to train and all of the shops and amenities Cold Spring has to offer. Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
954 Ft²
Days on Market
175 days
Land Size
0.08 acres
Price per sqft
$419
Property Type
House
Property Taxes
$523
HOA Dues
-
Year Built
1850

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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: 5 months ago (OneKey MLS #KEYH6334041)

Price History

Date / Event Date Event Price
Apr 17, 2025 Sold
Premium
Sold
Dec 12, 2024 In contract -
In contract
Nov 12, 2024 In contract -
In contract
Oct 24, 2024 Listed by Joncar Realty Inc $399,900
Listed by Joncar Realty Inc
May 18, 1998 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1850
  • Effective Year Built: 1850
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,300
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 300
  • Total Building Area: 954
  • Building Area: 954
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 954
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000075
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LAND & RESIDENCE

Neighborhood

  • School District Name: Haldane Central School District
  • School Tax School District: HALDANE
  • Census Tract: 010700

Zoning

  • Zoning: R10

Geography

  • Account Number: 042225
  • District: 372603
  • Section: 38.17
  • Parcel: 372603 38.17-1-23
  • Block: 1
  • Lot: 23.000
  • Municipality: NELSONVILLE
  • Latitude: 41.425
  • Longitude: -73.9458

    Address

  • Full Address: 298 Main St
  • Address - House Number: 298
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: NY
  • City Name: Cold Spring
  • Carrier Code: C002
  • 4-Digit Zip Code: 1400
  • Zip Code: 10516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $683,591
  • Tax Rate Code Area: 372601

    Appraisal Valuation

  • Standard Deviation: 0.2151
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 344,405
  • High Value: 418,515
  • Low Value: 270,295

    Market Valuation

  • Market Total Value: $312,323
  • Market Land Value: $89,722
  • Market Improvement Value: $222,601

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,000
  • Assessed Land Value: $31,600
  • Assessed Improvements Value: $78,400

    Sales

  • Current Sale Contract Date: May 08, 1998
  • Current Sale Recording Date: May 18, 1998
  • Current Sale Price:
    Premium
  • Current 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 Nelsonville

Stats & Trends

Median Asking:

$515,000

Sale Price/ft²

$393

Above Asking

0.00%

Average Days on Market

93

Average Home Size

1889 ft²

Average Home Age

196 years

Currently For Sale

2 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 2 Morris Avenue, Cold Spring, NY, 10516

$2,595 /mo

  • 3 Beds
  • 1 Bath
  • 740 ft²
2 Morris Avenue #203, Cold Spring, NY, 10516 Listing by Melanie S. Benson

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 298 Main Street built and last sold?
The property at 298 Main Street was built in 1850 and last sold on May 8, 1998 for $98,500.
How much is this home worth?
The estimated value of the home located at 298 Main Street is $403,899.
What are some comparable homes to 298 Main Street?
There are currently no comparable homes to 298 Main Street.
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