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Putnam 10541
308 Elm Road
$308,500
● House - Off Market

308 Elm Road

Carmel, NY 10541
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,511 Ft²
$490,932
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Spacious raised ranch with room for everyone! 3 bedrooms and 3 baths, eat-in kitchen, dining room, central air and hardwood floors. Lower level has separate entrance. Garage, deck and level yard. Close to lake, schools and shops. Location offers an easy commute. This is a Fannie Mae HomePath property. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
Unit Size
1,511 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$205
Property Type
House
Property Taxes
$1,198
HOA Dues
-
Year Built
2003

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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: 5 months ago (OneKey MLS #KEYH4743346)

Price History

Date / Event Date Event Price
Jan 19, 2018 Sold
Premium
Sold
Sep 27, 2017 Listed by World Homes Realty $309,900
Listed by World Homes Realty
Sep 2, 2017 -
Mar 21, 2016 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • 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: 686
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 11,160
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,197
  • Gross Building Area: 2,197
  • Building Area: 2,197
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,197
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF LAKE SECOR
  • Land Acres: 0000000256
  • Standard Land Use Code: 1999
  • County Land Use Code: 215

Neighborhood

  • School District Name: Mahopac Central School District
  • School Tax School District: MAHOPAC
  • Census Tract: 011100

Zoning

  • Zoning: R

Geography

  • Account Number: 224050
  • District: 372000
  • Section: 63.82
  • Parcel: 372000 63.82-1-66
  • Block: 1
  • Lot: 66.000
  • Municipality: CARMEL
  • Latitude: 41.3797
  • Longitude: -73.793

    Address

  • Full Address: 308 Elm Rd
  • Address - House Number: 308
  • Address - Street Name: Elm
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Mahopac
  • Carrier Code: C001
  • 4-Digit Zip Code: 1004
  • Zip Code: 10541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,773,558
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 372001

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 552,874
  • High Value: 651,761
  • Low Value: 453,987

    Market Valuation

  • Market Total Value: $525,100
  • Market Land Value: $70,700
  • Market Improvement Value: $454,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $525,100
  • Assessed Land Value: $70,700
  • Assessed Improvements Value: $454,400

    Sales

  • Current Sale Contract Date: Dec 22, 2017
  • Current Sale Recording Date: Jan 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1500193
  • Previous Sale Recording Date: Mar 21, 2016
  • Previous Sale Contract Date: Feb 26, 2016
  • Previous Sale Amount: $340,093
  • 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

Stats & Trends

Median Asking:

$579,500

Sale Price/ft²

$315

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2378 ft²

Average Home Age

60.3 years

Currently For Sale

286 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 198 Myrtle Avenue, Carmel, NY, 10512

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,180 ft²
198 Myrtle Avenue, Carmel, NY, 10512 Listing by Lawrence P. Zacks
Unit for rent at 174 Myrtle Avenue, Mahopac, NY, 10541

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
174 Myrtle Avenue #D, Mahopac, NY, 10541 Listing by Patricia A. Wagner

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 308 Elm Road built and last sold?
The property at 308 Elm Road was built in 2003 and last sold on Dec 22, 2017 for $308,500.
How much is this home worth?
The estimated value of the home located at 308 Elm Road is $322,180.
What are some comparable homes to 308 Elm Road?
There are currently no comparable homes to 308 Elm Road.
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