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Sullivan
362 Black Forest Road
$169,000
● House - Off Market

362 Black Forest Road

Lumberland, NY 12737
bedrooms
1 Bed
bathrooms
1 Bath
square feet
625 Ft²
$210,147
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Charming Chalet in the Tranquil Community of the Black Forest. Get Away from it all in this adorable 1 Bedroom home with Cozy woodstove that heats the home, Open concept Living room, kitchen and dining areas, one bath and a bonus room.  The grounds are a bit overgrown now, but could be lovely again. Large Deck where you can enjoy the view and sounds of the Babbling Brook across the street. Separate Detached one car garage, with an Existing Art studio over the top. Sits on 4.2 acres of land, providing much privacy. The Black Forest is a gated Community, with 2000 acres of unspoiled beauty. Clubhouse, Babbling Brook that meanders throughout the land, fishing Pond, Hiking trails, and designated hunting areas.  Make this wonderful get away yours to enjoy ! Additional Information: ParkingFeatures:1 Car Detached,
Unit Size
625 Ft²
Days on Market
-
Land Size
4.20 acres
Price per sqft
$270
Property Type
House
Property Taxes
$148
HOA Dues
$80
Year Built
1950

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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: 6 months ago (OneKey MLS #KEYH6076395)

Price History

Date / Event Date Event Price
Mar 8, 2021 Sold
Premium
Sold
Oct 10, 2020 Listed by Century 21 Geba Realty $169,000
Listed by Century 21 Geba Realty

Property Highlights

Garage
With View

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 182,952
  • Total Building Area: 625
  • Building Area: 625
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 625
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004200
  • Standard Land Use Code: 1012
  • County Land Use Code: 260
  • Legal Description 1: BLACK COL LOT 35

Neighborhood

  • School District Name: Eldred Central School District
  • School Tax School District: ELDRED
  • Census Tract: 952500

Zoning

  • Zoning: BFD

Geography

  • Account Number: 012681
  • District: 483800
  • Section: 18
  • Parcel: 483800 18.-1-48
  • Block: 1
  • Lot: 48.000
  • Municipality: LUMBERLAND
  • Latitude: 41.4711
  • Longitude: -74.8471

    Address

  • Full Address: 362 Black Forest Rd
  • Address - House Number: 362
  • Address - Street Name: Black Forest
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Glen Spey
  • Zip Code: 12737

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 483401

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 128,418
  • High Value: 149,564
  • Low Value: 107,271

    Market Valuation

  • Market Total Value: $130,100
  • Market Land Value: $80,918
  • Market Improvement Value: $49,182

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,500
  • Assessed Land Value: $53,800
  • Assessed Improvements Value: $32,700

    Sales

  • Current Sale Contract Date: Feb 12, 2021
  • Current Sale Recording Date: Mar 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021-2423
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

1956 ft²

Average Home Age

60.4 years

Currently For Sale

613 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

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OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 362 Black Forest Road built and last sold?
The property at 362 Black Forest Road was built in 1950 and last sold on Feb 12, 2021 for $169,000.
How much is this home worth?
The estimated value of the home located at 362 Black Forest Road is $172,322.
What are some comparable homes to 362 Black Forest Road?
There are currently no comparable homes to 362 Black Forest Road.
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