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Orange 10941
37 Ferrara Drive
$147,000
● House - Off Market

37 Ferrara Drive

Wallkill, NY 10941
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,133 Ft²
$225,859
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

This sweet home has much to offer for the right buyer!  Located approximately half-way between Middletown and Montgomery (off Rte 211E from Middletown) is where you can own this ranch-style home in need of some TLC.    The main entry brings you to an enclosed sun porch and then takes you to a nice sized living room, 3 bedrooms and a full bath.  The kitchen is open and leads to a pleasant dining area with sliders to a rear deck.  The basement is unfinished but does have  workshop area for those handy folks and acess to the 1 car garage underneath. There is a nice rear yard for playtime for all!   Financing options may be limited but don't miss out on taking a look! Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
Unit Size
1,133 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$132
Property Type
House
Property Taxes
$391
HOA Dues
-
Year Built
1954

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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 #KEYH4751069)

Price History

Date / Event Date Event Price
Jun 20, 2018 Sold
Premium
Sold
Nov 28, 2017 Listed by John J Lease REALTORS Inc $149,000
Listed by John J Lease REALTORS Inc
Oct 2, 2017 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1961
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,640
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,133
  • Building Area: 1,133
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,133
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Valley Central School District (Montgomery)
  • School Tax School District: VALLEY-MONTGOME
  • Census Tract: 011000

Zoning

  • Zoning: R2

Geography

  • District: 335200
  • Section: 47.00
  • Parcel: 335200 47-1-6
  • Block: 1
  • Lot: 6.000
  • Municipality: WALLKILL
  • Latitude: 41.4773
  • Longitude: -74.3068

    Address

  • Full Address: 37 Ferrara Dr
  • Address - House Number: 37
  • Address - Street Name: Ferrara
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Middletown
  • Carrier Code: R002
  • 4-Digit Zip Code: 3722
  • Zip Code: 10941

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $480,542
  • Tax Rate Code Area: 334201

    Appraisal Valuation

  • Standard Deviation: 0.2526
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 300,026
  • High Value: 375,840
  • Low Value: 224,213

    Market Valuation

  • Market Total Value: $202,800
  • Market Land Value: $46,216
  • Market Improvement Value: $156,584

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $29,400
  • Assessed Land Value: $6,700
  • Assessed Improvements Value: $22,700

    Sales

  • Current Sale Contract Date: Feb 08, 2018
  • Current Sale Recording Date: Jun 20, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20180044798
  • Previous Sale Recording Date: Oct 02, 2017
  • Previous Sale Contract Date: Sep 06, 2017
  • Previous Sale Amount: $157,500
  • Previous Sale Document Type: 34

    Financing

  • First Mortgage Financing Type: ADJ
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 Orange

Stats & Trends

Median Asking:

$482,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

90

Average Home Size

2233 ft²

Average Home Age

60.8 years

Currently For Sale

1266 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 37 Ferrara Drive built and last sold?
The property at 37 Ferrara Drive was built in 1954 and last sold on Feb 8, 2018 for $147,000.
How much is this home worth?
The estimated value of the home located at 37 Ferrara Drive is $158,463.
What are some comparable homes to 37 Ferrara Drive?
There are currently no comparable homes to 37 Ferrara Drive.
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