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Putnam 10541
331 Meadow Road
$385,000
● House - Off Market

331 Meadow Road

Carmel, NY 10541
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,579 Ft²
$422,045
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Don't miss out on the best priced 4 Bedroom home in the Mahopac market!!! Boasting over 1,600 square feet, the main floor offers a living room with vaulted ceilings, dining room with a wood burning fireplace, den, kitchen, a full & half bath on plus washer and dryer! Hardwood floors can be found under the flooring in the dining and den areas.  Upstairs, in addition to the four bedrooms, is another full bathroom. All of this surrounded by a flat, oversized lot!! Not included in the square footage is an additional 630 square feet in the basement. Plenty of parking. Taxes do not include the STAR savings of $1,041.19! A must see! Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
1,579 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$237
Property Type
House
Property Taxes
$923
HOA Dues
-
Year Built
1933

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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 #KEYH6110323)

Price History

Date / Event Date Event Price
Oct 18, 2021 Sold
Premium
Sold
May 27, 2021 In contract -
In contract
Apr 28, 2021 Listed by Keller Williams NY Realty $375,000
Listed by Keller Williams NY Realty
Sep 2, 2004 Sold
Premium
Sold
Jan 16, 1996 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • 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: 0
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 14,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 1,606
  • Building Area: 1,606
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,606
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000321
  • 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: 229200
  • District: 372000
  • Section: 74.34
  • Parcel: 372000 74.34-1-63
  • Block: 1
  • Lot: 63.000
  • Municipality: CARMEL
  • Latitude: 41.3734
  • Longitude: -73.7933

    Address

  • Full Address: 331 Meadow Rd
  • Address - House Number: 331
  • Address - Street Name: Meadow
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Mahopac
  • Carrier Code: C001
  • 4-Digit Zip Code: 1209
  • Zip Code: 10541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,276,828
  • Tax Rate Code Area: 372001

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 479,147
  • High Value: 562,786
  • Low Value: 395,507

    Market Valuation

  • Market Total Value: $393,600
  • Market Land Value: $85,700
  • Market Improvement Value: $307,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $393,600
  • Assessed Land Value: $85,700
  • Assessed Improvements Value: $307,900

    Sales

  • Current Sale Contract Date: Aug 04, 2004
  • Current Sale Recording Date: Sep 02, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Previous Sale Recording Date: Jan 16, 1996
  • Previous Sale Contract Date: Dec 29, 1995
  • Previous Sale Amount: $112,000
  • 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 Putnam

Stats & Trends

Median Asking:

$579,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2455 ft²

Average Home Age

57.4 years

Currently For Sale

275 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 174 Myrtle Avenue, Mahopac, NY, 10541

$2,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
174 Myrtle Avenue #D, Mahopac, NY, 10541 Listing by Patricia A. Wagner
Unit for rent at 90 Orchard Road, Mahopac, NY, 10541

$2,600 /mo

  • 2 Beds
  • 1 Bath
  • 676 ft²
90 Orchard Road #2, Mahopac, NY, 10541 Listing by Jose E. Montilla

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 331 Meadow Road built and last sold?
The property at 331 Meadow Road was built in 1933 and last sold on Aug 4, 2004 for $368,000.
How much is this home worth?
The estimated value of the home located at 331 Meadow Road is $384,631.
What are some comparable homes to 331 Meadow Road?
There are currently no comparable homes to 331 Meadow Road.
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