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Sullivan 12701
308 State Route 17B
$1,555,000
● Land - Off Market

308 State Route 17B

Thompson, NY 12701
bedrooms
Studio
bathrooms
0 Bath
$2,353,272
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

This is an extremely well located and attractive parcel located 2.4 miles form RT 17/Future 1-86 Exit 104.  It is one o the few large parcels in a Commercial Industrial Zone. Ideal for Hotels, Commercial Recreational Facilities, Manufacturing and Processing Activities, Warehouses, Trucking Terminals, etc. There is a small amount of NYS DEC Wetlands shown on DEC maps and located at the rear of the parcel. Effect on development should be negligible. IN CONTRACT WITH CONTINGENCIES.  SHOW FOR BACKUP.
Unit Size
-
Days on Market
-
Land Size
100.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$599
HOA Dues
-
Year Built
1900

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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 years ago (OneKey MLS #H4724405)

Price History

Date / Event Date Event Price
Feb 25, 2021 Sold
Premium
Sold
Jan 1, 2021 No longer available -
No longer available
Aug 14, 2019 In contract -
In contract
Aug 8, 2018 In contract -
In contract
May 30, 2017 Listed by Rieber Realty Inc $1,850,000
Listed by Rieber Realty Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 10
  • 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: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,356,000
  • Total Building Area: 1,774
  • Building Area: 1,774
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 1,774
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000100000
  • Standard Land Use Code: 1000
  • County Land Use Code: 311

Neighborhood

  • School District Name: Monticello Central School District
  • School Tax School District: MONTICELLO
  • Census Tract: 951600

Zoning

  • Zoning: CI

Geography

  • District: 484689
  • Section: 12
  • Parcel: 484689 12.-1-55
  • Block: 1
  • Lot: 55.000
  • Municipality: THOMPSON (TOV)
  • Latitude: 41.6698
  • Longitude: -74.7401

    Address

  • Full Address: 308 State Route 17b
  • Address - House Number: 308
  • Address - Street Name: State Route 17b
  • State: NY
  • City Name: Monticello
  • Carrier Code: R003
  • 4-Digit Zip Code: 3550
  • Zip Code: 12701

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $1,136,514
  • Tax Rate Code Area: 484601

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Jun 22, 2022
  • Confidence Score: 66
  • Final Value: 390,227
  • High Value: 455,972
  • Low Value: 324,481

    Market Valuation

  • Market Total Value: $403,611
  • Market Land Value: $363,889
  • Market Improvement Value: $39,722

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $290,600
  • Assessed Land Value: $262,000
  • Assessed Improvements Value: $28,600
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 Sullivan

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$237

Below Asking

0.03%

Average Days on Market

103

Average Home Size

1964 ft²

Average Home Age

61.1 years

Currently For Sale

608 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 41 Hillside Avenue, Monticello, NY, 12701

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 5,000 ft²
41 Hillside Avenue, Monticello, NY, 12701 Listing by Avraham Halpert
Unit for rent at 91 Shaker Heights Road, Monticello, NY, 12701

$1,349 /mo

  • 1 Bed
  • 1 Bath
  • 97,986 ft²
91 Shaker Heights Road #9128, Monticello, NY, 12701 Listing by Daniel Schweitzer

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 308 State Route 17B built and last sold?
The property at 308 State Route 17B was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 308 State Route 17B is $0.
What are some comparable homes to 308 State Route 17B?
There are currently no comparable homes to 308 State Route 17B.
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