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Putnam 10541
324 Forest Road
$455,000
● House - Off Market

324 Forest Road

Carmel, NY 10541
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$442,224
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Charming 4 Bedroom, 2 Bath, Brick Cape, bedrooms on both levels, set on .23 acres of level DOUBLE LOT property with an ideal commuter location, close to the Taconic State Parkway! This appealing home features large rooms, oak floors, a  big private deck with fencing. The double lot is fabulous for the multi car/boat needs. Just a short walk down to Lake Secor, makes this the perfect lake enthusiast home!

Note: Partial finished room in basement (media), not included in Square footage. ***This home is under Audio & Video surveillance*** Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
Unit Size
2,000 Ft²
Days on Market
105 days
Land Size
0.23 acres
Price per sqft
$223
Property Type
House
Property Taxes
$1,177
HOA Dues
-
Year Built
1943

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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 #KEYH6249659)

Price History

Date / Event Date Event Price
Sep 5, 2023 Sold
Premium
Sold
May 24, 2023 In contract -
In contract
May 16, 2023 Listed by Keller Williams Realty Partner $445,000
Listed by Keller Williams Realty Partner
Aug 11, 2022 Sold
Premium
Sold
Jul 9, 2014 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1943
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,000
  • Building Area: 2,000
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,000
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000229
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

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

Zoning

  • Zoning: R

Geography

  • Account Number: 226800
  • District: 372000
  • Section: 74.34
  • Parcel: 372000 74.34-1-18
  • Block: 1
  • Lot: 18.000
  • Municipality: CARMEL
  • Latitude: 41.3758
  • Longitude: -73.7933

    Address

  • Full Address: 324 Forest Rd
  • Address - House Number: 324
  • Address - Street Name: Forest
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Mahopac
  • Carrier Code: C001
  • 4-Digit Zip Code: 1116
  • Zip Code: 10541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,302,900
  • Tax Rate Code Area: 372001

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 489,810
  • High Value: 577,418
  • Low Value: 402,203

    Market Valuation

  • Market Total Value: $403,500
  • Market Land Value: $65,800
  • Market Improvement Value: $337,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $403,500
  • Assessed Land Value: $65,800
  • Assessed Improvements Value: $337,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 30, 2023
  • Current Sale Recording Date: Sep 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 5437
  • Previous Sale Recording Date: Aug 11, 2022
  • Previous Sale Contract Date: May 05, 2022
  • Previous Sale Amount: $455,813
  • 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:

$585,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2343 ft²

Average Home Age

59.1 years

Currently For Sale

279 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: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 324 Forest Road built and last sold?
The property at 324 Forest Road was built in 1943 and last sold on Aug 30, 2023 for $455,000.
How much is this home worth?
The estimated value of the home located at 324 Forest Road is $449,450.
What are some comparable homes to 324 Forest Road?
There are currently no comparable homes to 324 Forest Road.
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