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Dutchess
40 Cherry Lane
$340,000
● House - Off Market

40 Cherry Lane

East Fishkill, NY 12582
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,016 Ft²
$483,905
RealtyHop Estimate
38.65%
Since Aug 1, 2020
National-US
Primary Model

About This Property

Renovated 3 Bedroom, 2.5 bath Raised Ranch. Turn key move right into this beautiful home. Master bedroom w/master bathroom. Updated kitchen with Granite Counters, SS appliances. Full finished basement with high ceiling, laundry room, 1/2 bath, interior/exterior excess. 2 Car Garage with electric Openers. Carmel Schools. Minutes from 84. Metro North is about 15 minutes away. Call today for your showing! Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Unit Size
2,016 Ft²
Days on Market
-
Land Size
1.05 acres
Price per sqft
$173
Property Type
House
Property Taxes
$949
HOA Dues
-
Year Built
2002

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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: 5 months ago (OneKey MLS #KEYH5006090)

Price History

Date / Event Date Event Price
Jul 9, 2020 Sold
Premium
Sold
Jan 29, 2020 No longer available -
No longer available
Nov 29, 2019 Price Decreased $355,000
↓ $4K (1.1%)
Price Decreased
Oct 2, 2019 Price Increased $359,000
↑ $10K (2.9%)
Price Increased
Jul 28, 2019 Listed by BHHS Hudson Valley Properties $349,000
Listed by BHHS Hudson Valley Properties
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,738
  • Total Building Area: 2,016
  • Building Area: 2,016
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,016
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001050
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 1.05 AC(S) 2000 0502 1973 0379

Neighborhood

  • School District Name: Carmel Central School District
  • Census Tract: 050205

Zoning

  • Zoning: R3

Geography

  • Account Number: 05178872
  • District: 132800
  • Section: 6.655
  • Parcel: 132800 6655-01-178872-0000
  • Block: 1
  • Lot: 178.872
  • Municipality: EAST FISHKILL
  • Latitude: 41.5322
  • Longitude: -73.7418

    Address

  • Full Address: 40 Cherry Ln
  • Address - House Number: 40
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Stormville
  • Carrier Code: R083
  • 4-Digit Zip Code: 5309
  • Zip Code: 12582

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,281,931
  • Tax Rate Code Area: 372002

    Appraisal Valuation

  • Standard Deviation: 0.1832
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 76
  • Final Value: 503,891
  • High Value: 596,205
  • Low Value: 411,577

    Market Valuation

  • Market Total Value: $468,500
  • Market Land Value: $69,500
  • Market Improvement Value: $399,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $468,500
  • Assessed Land Value: $69,500
  • Assessed Improvements Value: $399,000

    Sales

  • Current Sale Contract Date: Jul 08, 2020
  • Current Sale Recording Date: Aug 10, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020-51669
  • Previous Sale Recording Date: May 30, 2019
  • Previous Sale Contract Date: May 08, 2019
  • Previous Sale Amount: $241,700
  • Previous Sale Document Type: 27
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 Dutchess

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$271

Below Asking

0.02%

Average Days on Market

86

Average Home Size

2316 ft²

Average Home Age

64 years

Currently For Sale

937 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

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 40 Cherry Lane built and last sold?
The property at 40 Cherry Lane was built in 2002 and last sold on Jul 8, 2020 for $340,000.
How much is this home worth?
The estimated value of the home located at 40 Cherry Lane is $352,490.
What are some comparable homes to 40 Cherry Lane?
There are currently no comparable homes to 40 Cherry Lane.
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