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Putnam Lake 12563
3 Remsen Road
$117,000
● House - Off Market

3 Remsen Road

Patterson, NY 12563
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,093 Ft²
$182,559
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

This cozy cottage is a great condo alternative. 2 Bedrooms, 2 Baths, EIK, Family room w/Fireplace, living room. Hardwood & Laminate flooring. Large patio overlooks fenced yard and shed. This is a Fannie Mae HomePath property.
Unit Size
1,093 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$110
Property Type
House
Property Taxes
$362
HOA Dues
-
Year Built
1950

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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: 4 months ago (OneKey MLS #KEYH4744275)

Price History

Date / Event Date Event Price
Jun 6, 2018 Sold
Premium
Sold
May 4, 2018 Sold
Premium
Sold
Oct 3, 2017 Listed by World Homes Realty $119,900
Listed by World Homes Realty
Sep 28, 2017 Sold
Premium
Sold
Jul 9, 2017 Listed by World Homes Realty $125,000
Listed by World Homes Realty

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 485
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 621
  • Building Area: 621
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 621
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SIXTH MAP OF PUTNAM LAKE
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Brewster Central School District
  • School Tax School District: BREWSTER
  • Census Tract: 010100

Zoning

  • Zoning: RPL10

Geography

  • Account Number: 052075
  • District: 372400
  • Section: 25.39
  • Parcel: 372400 25.39-1-33
  • Block: 1
  • Lot: 33.000
  • Municipality: PATTERSON
  • Latitude: 41.4795
  • Longitude: -73.5425

    Address

  • Full Address: 3 Remsen Rd
  • Address - House Number: 3
  • Address - Street Name: Remsen
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Patterson
  • Carrier Code: R003
  • 4-Digit Zip Code: 1908
  • Zip Code: 12563

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $758,275
  • Tax Rate Code Area: 373001

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 301,427
  • High Value: 345,688
  • Low Value: 257,166

    Market Valuation

  • Market Total Value: $229,900
  • Market Land Value: $30,500
  • Market Improvement Value: $199,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,900
  • Assessed Land Value: $30,500
  • Assessed Improvements Value: $199,400

    Sales

  • Current Sale Contract Date: Apr 25, 2018
  • Current Sale Recording Date: Jun 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 1501444
  • Previous Sale Recording Date: Sep 28, 2017
  • Previous Sale Contract Date: Sep 18, 2017
  • Previous Sale Amount: $204,992
  • Previous Sale Document Type: 59
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 Putnam Lake

Stats & Trends

Median Asking:

$427,500

Sale Price/ft²

$332

Below Asking

0.02%

Average Days on Market

86

Average Home Size

1639 ft²

Average Home Age

66.5 years

Currently For Sale

13 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

Rentals Near You

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 3 Remsen Road built and last sold?
The property at 3 Remsen Road was built in 1950 and last sold on Apr 25, 2018 for $117,000.
How much is this home worth?
The estimated value of the home located at 3 Remsen Road is $137,007.
What are some comparable homes to 3 Remsen Road?
There are currently no comparable homes to 3 Remsen Road.
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