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Red Oaks Mill 12603
40 Cochran Hill Road
$380,000
● House - Off Market

40 Cochran Hill Road

LaGrange, NY 12603
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,176 Ft²
$2,702
Est. Monthly
5.25%
Cap Rate

About This Property

AO, CONTRACT SIGNED BY BUYER 10/23/2024 Many upgrades in this single level home! New roof 2019, New Septic 2022, New Windows 2019, Chimney Parged 2019, New100 Amp circuit box 2015, HVAC System replaced in 2008. B-Dry system installed 2010. Kitchen (appliances newer) and bath original. Additional Information:  Amenities:Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Unit Size
1,176 Ft²
Days on Market
62 days
Land Size
0.81 acres
Price per sqft
$319
Property Type
House
Property Taxes
$860
HOA Dues
-
Year Built
1964

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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 #KEYH6330717)

Price History

Date / Event Date Event Price
Dec 4, 2024 Sold
Premium
Sold
Oct 29, 2024 In contract -
In contract
Oct 3, 2024 Listed by BHHS Hudson Valley Properties $375,000
Listed by BHHS Hudson Valley Properties
Feb 8, 2000 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1980
  • 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: 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: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,284
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000810
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 0.81 AC (C) 22000 01219

Neighborhood

  • School District Name: Wappingers Central School District
  • School Tax School District: WAPPINGERS
  • Census Tract: 080201

Zoning

  • Zoning: RFD

Geography

  • District: 133400
  • Section: 6.260
  • Parcel: 133400 6260-04-835303-0000
  • Block: 4
  • Lot: 835.303
  • Municipality: LA GRANGE
  • Latitude: 41.6543
  • Longitude: -73.8634

    Address

  • Full Address: 40 Cochran Hill Rd
  • Address - House Number: 40
  • Address - Street Name: Cochran Hill
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Poughkeepsie
  • Carrier Code: C048
  • 4-Digit Zip Code: 4333
  • Zip Code: 12603

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $898,507
  • Tax Rate Code Area: 135601

    Appraisal Valuation

  • Standard Deviation: 0.1872
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 380,590
  • High Value: 451,855
  • Low Value: 309,325

    Market Valuation

  • Market Total Value: $329,100
  • Market Land Value: $80,344
  • Market Improvement Value: $248,756

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,300
  • Assessed Land Value: $57,200
  • Assessed Improvements Value: $177,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 14, 1999
  • Current Sale Recording Date: Feb 08, 2000
  • Current Sale Price:
    Premium
  • Current 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 Red Oaks Mill

Stats & Trends

Median Asking:

$489,750

Sale Price/ft²

$244

Below Asking

0.01%

Average Days on Market

83

Average Home Size

2064 ft²

Average Home Age

59.3 years

Currently For Sale

13 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 40 Cochran Hill Road built and last sold?
The property at 40 Cochran Hill Road was built in 1964 and last sold on Dec 14, 1999 for $148,900.
How much is this home worth?
The estimated value of the home located at 40 Cochran Hill Road is $376,055.
What are some comparable homes to 40 Cochran Hill Road?
There are currently no comparable homes to 40 Cochran Hill Road.
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