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Columbia
357 Pitts Road
$870,000
● House - Off Market

357 Pitts Road

Chatham, NY 12136
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,855 Ft²
$5,335
Est. Monthly
3.03%
Cap Rate

About This Property

Welcome to Blass Estate, privately sited on 16+ acres in Old Chatham, NY. This bucolic property offers refined indoor-outdoor living with recent updates, including a custom kitchen with granite countertops, high-end appliances, and inlaid hardwood floors. Relax in the open living area by the fireplace, or head outside to enjoy the lighted tennis court, 40-foot in-ground pool, and hot tub. This turnkey property has been meticulously cared for by the same owners for nearly 40 years, and has a newly installed roof, updated systems, and an oversized three-car garage with RV/EV hook-up. Enjoy easy access to charming towns like Hudson, Kinderhook, and Great Barrington, and soak up Hudson Valley's rich culture and picturesque views. Your countryside escape awaits! Additional Information: ParkingFeatures:3 Car Attached,
Unit Size
2,855 Ft²
Days on Market
116 days
Land Size
16.33 acres
Price per sqft
$313
Property Type
House
Property Taxes
$940
HOA Dues
-
Year Built
1986

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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 #KEYH6335710)

Price History

Date / Event Date Event Price
Mar 3, 2025 Sold
Premium
Sold
Jan 10, 2025 In contract -
In contract
Nov 7, 2024 Listed by Houlihan Lawrence, Inc $895,000
Listed by Houlihan Lawrence, Inc

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • 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: 1
  • Garage Square Area: 792
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 711,335
  • Total Building Area: 2,155
  • Building Area: 2,155
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,155
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000016330
  • Standard Land Use Code: 1008
  • County Land Use Code: 240
  • Legal Description 1: MICRO 8771

Neighborhood

  • School District Name: New Lebanon Central School District
  • School Tax School District: NEW LEBANON
  • Census Tract: 000300

Zoning

  • Zoning: RL20

Geography

  • District: 102689
  • Section: 15.00
  • Parcel: 102689 15.-1-71
  • Block: 1
  • Lot: 71.000
  • Municipality: CHATHAM (TOV)
  • Latitude: 42.4686
  • Longitude: -73.5738

    Address

  • Full Address: 357 Pitts Rd
  • Address - House Number: 357
  • Address - Street Name: Pitts
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Old Chatham
  • Carrier Code: R001
  • 4-Digit Zip Code: 3013
  • Zip Code: 12136

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,060,169
  • Tax Rate Code Area: 104801

    Appraisal Valuation

  • Standard Deviation: 0.1077
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 89
  • Final Value: 987,183
  • High Value: 1,093,595
  • Low Value: 880,772

    Market Valuation

  • Market Total Value: $675,269
  • Market Land Value: $229,570
  • Market Improvement Value: $445,699

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $628,000
  • Assessed Land Value: $213,500
  • Assessed Improvements Value: $414,500

    Exemptions

  • Homeowner Exemption: Yes
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 Columbia

Stats & Trends

Median Asking:

$559,850

Sale Price/ft²

$330

Below Asking

0.03%

Average Days on Market

89

Average Home Size

17594 ft²

Average Home Age

81.7 years

Currently For Sale

199 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

Rentals Near You

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 357 Pitts Road built and last sold?
The property at 357 Pitts Road was built in 1986 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 357 Pitts Road is $0.
What are some comparable homes to 357 Pitts Road?
There are currently no comparable homes to 357 Pitts Road.
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