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Rensselaer
40 Cushman Road
$320,000
● House - Off Market

40 Cushman Road

Pittstown, NY 12121
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$2,258
Est. Monthly
7.81%
Cap Rate

About This Property

4 BR Colonial on a 3.6 Acres in Brunswick-Brittonkill School District. Bring your color palette  make this   homestead your own. Enjoy heated inground pool, amazing sunsets and plenty of space to enjoy the outdoors. Property includes. Pass the rolling pastures of Fogarty Farms as you come and go. Large Open Kitchen that flows into a large Dining Area overlooking the pool area. Newer Generex Generator '24, Water Softening System '23.  Short Commute to Malta, Waterford, Troy.  Showings start Friday 5/3 12-7.
Unit Size
-
Days on Market
-
Land Size
3.65 acres
Price per sqft
-
Property Type
House
Property Taxes
$593
HOA Dues
-
Year Built
1998

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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: 3 years ago (Global MLS #202416381)

Price History

Date / Event Date Event Price
Jul 3, 2024 Sold
Premium
Sold
May 12, 2024 In contract -
In contract
May 2, 2024 Listed by Howard Hanna $339,000
Listed by Howard Hanna
Nov 10, 1997 Sold
Premium
Sold

Property Highlights

Garage
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 158,994
  • Lot Size Frontage Feet: 2,322
  • Total Building Area: 2,240
  • Building Area: 2,240
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,240
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003650
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: CUSHMAN EST 1995/22 LOT 3

Neighborhood

  • School District Name: Brunswick Central School District (Brittonkill)
  • School Tax School District: BRUNSWICK
  • Census Tract: 051800

Geography

  • District: 383689
  • Section: 62.00
  • Parcel: 383689 62.-2-42.23
  • Block: 2
  • Lot: 42.023
  • Municipality: PITTSTOWN (TOV)
  • Latitude: 42.8155
  • Longitude: -73.5909

    Address

  • Full Address: 40 Cushman Rd
  • Address - House Number: 40
  • Address - Street Name: Cushman
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Melrose
  • Carrier Code: R001
  • 4-Digit Zip Code: 3201
  • Zip Code: 12121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $870,448
  • Tax Rate Code Area: 382202

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 405,444
  • High Value: 498,770
  • Low Value: 312,118

    Market Valuation

  • Market Total Value: $345,946
  • Market Land Value: $64,865
  • Market Improvement Value: $281,081

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,000
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $130,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 06, 1997
  • Current Sale Recording Date: Nov 10, 1997
  • 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 Rensselaer

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$196

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2241 ft²

Average Home Age

95.1 years

Currently For Sale

327 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.
Global MLS

Listed by: Donna T Chow
Howard Hanna
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202416381
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 40 Cushman Road built and last sold?
The property at 40 Cushman Road was built in 1998 and last sold on Nov 6, 1997 for $30,000.
How much is this home worth?
The estimated value of the home located at 40 Cushman Road is $342,390.
What are some comparable homes to 40 Cushman Road?
There are currently no comparable homes to 40 Cushman Road.
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