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Orange 12518
3 Pine Ridge Road
$405,000
● House - Off Market

3 Pine Ridge Road

Cornwall, NY 12518
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,228 Ft²
$725,825
RealtyHop Estimate
70.78%
Since Jun 1, 2016
National-US
Primary Model

About This Property

HUDSON RIVER VIEWS!  Outstanding home, perfect standards, new roof, 2 fireplaces--one on enclosed porch, irrigation system, generator installed in 2009 Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Unit Size
2,228 Ft²
Days on Market
-
Land Size
1.70 acres
Price per sqft
$191
Property Type
House
Property Taxes
$1,196
HOA Dues
-
Year Built
1987

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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 #KEYH4517749)

Price History

Date / Event Date Event Price
May 20, 2016 Sold
Premium
Sold
Apr 27, 2015 Listed by Robert A. McCaffrey Realty Inc $425,000
Listed by Robert A. McCaffrey Realty Inc
Sep 15, 2003 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 21
  • 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: 1
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 74,052
  • Total Building Area: 2,228
  • Building Area: 2,228
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,228
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001700
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LT 7 BLK A MINE HILL SUB

Neighborhood

  • School District Name: Cornwall Central School District
  • School Tax School District: CORNWALL
  • Census Tract: 013100

Geography

  • Account Number: Jan 01, 1970
  • District: 332489
  • Section: 35.00
  • Parcel: 332489 35-1-37
  • Block: 1
  • Lot: 37.000
  • Municipality: CORNWALL
  • Latitude: 41.4037
  • Longitude: -74.0531

    Address

  • Full Address: 3 Pine Ridge Rd
  • Address - House Number: 3
  • Address - Street Name: Pine Ridge
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Cornwall
  • Carrier Code: C002
  • 4-Digit Zip Code: 1812
  • Zip Code: 12518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,520,660
  • Tax Rate Code Area: 332401

    Appraisal Valuation

  • Standard Deviation: 0.2427
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 604,651
  • High Value: 751,440
  • Low Value: 457,863

    Market Valuation

  • Market Total Value: $605,800
  • Market Land Value: $145,001
  • Market Improvement Value: $460,799

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $408,600
  • Assessed Land Value: $97,800
  • Assessed Improvements Value: $310,800

    Sales

  • Current Sale Contract Date: May 13, 2016
  • Current Sale Recording Date: May 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 15, 2003
  • Previous Sale Contract Date: Sep 02, 2003
  • Previous Sale Amount: $375,000
  • 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:

$482,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

90

Average Home Size

2233 ft²

Average Home Age

60.8 years

Currently For Sale

1266 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

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 3 Pine Ridge Road built and last sold?
The property at 3 Pine Ridge Road was built in 1987 and last sold on May 13, 2016 for $405,000.
How much is this home worth?
The estimated value of the home located at 3 Pine Ridge Road is $438,405.
What are some comparable homes to 3 Pine Ridge Road?
There are currently no comparable homes to 3 Pine Ridge Road.
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