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Walton Park 10950
397 Mine Road
Photo of 397 Mine Road
Sold on Sep 19, 2025

31

Map

Photo of 397 Mine Road
Photo of 397 Mine Road
$250,000
● House - Off Market

397 Mine Road

Monroe, NY 10950
bedrooms
2 Beds
bathrooms
1 Bath
square feet
848 Ft²
$1,619
Est. Monthly
10.14%
Cap Rate

About This Property

First-time buyer opportunity! This is a lovely home, owned by wonderful sellers who raised a family and have been occupying and caring for the home since 1980.   Take advantage of this rare opportunity to own a clean, sound and established single-family home in Monroe for under $250,000.  In very good condition. Located on a Mine Road extension just off of lakes road, the location is convenient close to major shopping and restaurants, schools and even access to Stunning Walton Lake.  Newer boiler, shed with workshop and more.  Don't miss this gem.  Won't last!
Unit Size
848 Ft²
Days on Market
121 days
Land Size
0.23 acres
Price per sqft
$294
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1930

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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: 2 years ago (OneKey MLS #KEY865599)

Price History

Date / Event Date Event Price
Sep 19, 2025 Sold
Premium
Sold
Jun 13, 2025 In contract -
In contract
May 15, 2025 Listed by Century 21 Realty Center $249,000
Listed by Century 21 Realty Center

Property Highlights

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,800
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 848
  • Building Area: 848
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 848
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000225
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LTS 1 2 FINE BUILDERS INC

Neighborhood

  • School District Name: Monroe-Woodbury Central School District
  • School Tax School District: MONROE-WOODBURY
  • Census Tract: 014202

Zoning

  • Zoning: RR-1.0AC

Geography

  • District: 334089
  • Section: 20.00
  • Parcel: 334089 20-2-8
  • Block: 2
  • Lot: 8.000
  • Municipality: MONROE
  • Latitude: 41.312
  • Longitude: -74.2117

    Address

  • Full Address: 397 Mine Rd
  • Address - House Number: 397
  • Address - Street Name: Mine
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Monroe
  • Carrier Code: R007
  • 4-Digit Zip Code: 4727
  • Zip Code: 10950

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $451,106
  • Tax Rate Code Area: 334001

    Appraisal Valuation

  • Standard Deviation: 0.2405
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 293,542
  • High Value: 364,168
  • Low Value: 222,916

    Market Valuation

  • Market Total Value: $185,200
  • Market Land Value: $57,926
  • Market Improvement Value: $127,274

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,700
  • Assessed Land Value: $7,100
  • Assessed Improvements Value: $15,600

    Exemptions

  • Senior Citizen Exemption : Yes
  • 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 Walton Park

Stats & Trends

Median Asking:

$487,000

Sale Price/ft²

$277

Below Asking

0.02%

Average Days on Market

89

Average Home Size

2071 ft²

Average Home Age

61.7 years

Currently For Sale

24 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 504 Continental Drive, Monroe, NY, 10950

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,436 ft²
504 Continental Drive, Monroe, NY, 10950 Listing by Frank Muccari

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 397 Mine Road built and last sold?
The property at 397 Mine Road was built in 1930 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 397 Mine Road is $0.
What are some comparable homes to 397 Mine Road?
There are currently no comparable homes to 397 Mine Road.
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