$450,000
●
Land -
Off Market
3326 Route 301
Carmel, NY 10512
Studio
0 Bath
$3,877
Est. Monthly
About This Property
You don't have to trek hours to the mountains to enjoy the beauty
of upstate New York. This stunning 112+acre property overlooking
the West Branch Reservoir, is tucked away among the trees of the
breathtaking Hudson Highlands, about 15 miles east of the Hudson
River. There is an existing driveway to a level area where there
was a previous home site. This property is mostly wooded and gently
slopes to the rear, and adjoins the Putnam County Veteran Memorial
Park. There are 2 lots being sold together, this property consistes
of two tax parcels, one in Carmel (43.-1-33) and one Kent
(43.-2-44). Build your dream home, just a stone's throw from West
Branch Reservoir. The peaceful lake curves along the southwestern
side of the property following Route 301.This expansive property is
as convenient as it is scenic. It's about an hour from Manhattan
and about 40 minutes to Danbury, Connecticut. Additional
Information: SoilType:Unknown,
Unit Size
-
Days on Market
-
Land Size
112.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$1,667
HOA Dues
-
Year Built
-
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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 #KEYH6226480)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 27, 2024 | Sold | ||
| Sold | |||
| Mar 31, 2024 | In contract | - | |
| In contract | |||
| Jan 9, 2023 | Listed by Exp Realty | $450,000 | |
| Listed by Exp Realty | |||
| | |||
|
You don't have to trek hours to the mountains to enjoy the beauty of upstate New York. This stunning 112+acre property overlooking the West Branch Reservoir, is tucked away among the trees of the breathtaking Hudson Highlands, about 15 miles east of the Hudson River. There is an existing driveway to a level area where there was a previous home site. This property is mostly wooded and gently slopes to the rear, and adjoins the Putnam County Veteran Memorial Park. There are 2 lots being sold together, this property consistes of two tax parcels, one in Carmel (43.-1-33) and one Kent (43.-2-44). Build your dream home, just a stone's throw from West Branch Reservoir. The peaceful lake curves along the southwestern side of the property following Route 301.This expansive property is as convenient as it is scenic. It's about an hour from Manhattan and about 40 minutes to Danbury, Connecticut.
| |||
| Aug 2, 2019 | No longer available | - | |
| No longer available | |||
| Nov 15, 2018 | Listed by CANAAN REALTY | $675,000 | |
| Listed by CANAAN REALTY | |||
| | |||
|
Over 100 wooded acres ideally set over looking the West Branch Reservoir. Previous home site with existing drive to level area, gently sloping towards the rear of the property. Mostly wooded with mix of hard and soft woods, clear undergrowth provides tranquil remote setting for your new home. Build your home or retreat on this spacious acreage adjoining the Putnam County Veteran Memorial Park. Property is two tax parcels and located in both Carmel and Kent.(on third party sites assessed values may only reflect one of two parcels) Abundant wildlife and choice home site await you on this upstate property located less than 2 hours from Manhattan.
| |||
Property Highlights
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Carmel Hamlet
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Last Updated: 4 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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