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New Hempstead 10977
3 Bay Court
$950,000
● House - Off Market

3 Bay Court

Ramapo, NY 10977
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,007 Ft²
$934,995
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Very well maintained and updated high ranch by original owners in a quite cul-de-sac, larger than average high ranch extending back a few feet. Featuring all new double paned windows (also in the garage), new roof, New AC, New Siding, New Kitchen countertops. Walk out downstairs to the beautiful private yard with a gorgeous patio and retractable awning. Additional Information: ParkingFeatures:2 Car Attached,
Unit Size
2,007 Ft²
Days on Market
102 days
Land Size
0.37 acres
Price per sqft
$448
Property Type
House
Property Taxes
$910
HOA Dues
-
Year Built
1965

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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 #KEYH6192329)

Price History

Date / Event Date Event Price
Jun 20, 2022 In contract -
In contract
Jun 16, 2022 Listed by eRealty Advisors, Inc $899,000
Listed by eRealty Advisors, Inc

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 651
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,117
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 2,007
  • Building Area: 2,007
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,007
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: W F VIOLA CORP
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: East Ramapo Central School District (Spring Valley)
  • School Tax School District: SPRING VALLEY
  • Census Tract: 011510

Geography

  • Account Number: 00388870000
  • District: 392613
  • Section: 50.09
  • Parcel: 392613 50.09-1-40
  • Block: 1
  • Lot: 40.000
  • Municipality: NEW HEMPSTEAD
  • Latitude: 41.134
  • Longitude: -74.0563

    Address

  • Full Address: 3 Bay Ct
  • Address - House Number: 3
  • Address - Street Name: Bay
  • Address - Suffix Type: Ct
  • State: NY
  • City Name: Spring Valley
  • Carrier Code: C012
  • 4-Digit Zip Code: 2003
  • Zip Code: 10977

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,028,904
  • Tax Rate Code Area: 392602

    Appraisal Valuation

  • Standard Deviation: 0.223
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 905,538
  • High Value: 1,107,550
  • Low Value: 703,526

    Market Valuation

  • Market Total Value: $50,600
  • Market Land Value: $17,045
  • Market Improvement Value: $33,555

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,200
  • Assessed Land Value: $15,900
  • Assessed Improvements Value: $31,300

    Sales

  • Current Sale Contract Date: Sep 23, 2022
  • Current Sale Recording Date: Oct 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2022-00035415

    Financing

  • First Mortgage Financing Type: FIX
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 New Hempstead

Stats & Trends

Median Asking:

$970,000

Sale Price/ft²

$401

Below Asking

0.01%

Average Days on Market

108

Average Home Size

2375 ft²

Average Home Age

28.5 years

Currently For Sale

8 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 242 Kearsing Parkway, Monsey, NY, 10952

$2,150 /mo

  • 1 Bed
  • 1 Bath
  • 620 ft²
242 Kearsing Parkway #F, Monsey, NY, 10952 Listing by Sarah K Schwab
Unit for rent at 69 N Saddle River Rd, Monsey, NY, 10952

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,100 ft²
69 N Saddle River Rd #1, Monsey, NY, 10952 Listing by Emma Nechama Landwirt

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 3 Bay Court built and last sold?
The property at 3 Bay Court was built in 1965 and last sold on Sep 23, 2022 for $950,000.
How much is this home worth?
The estimated value of the home located at 3 Bay Court is $907,990.
What are some comparable homes to 3 Bay Court?
There are currently no comparable homes to 3 Bay Court.
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