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Orange 10941
40 King Road
$582,000
● House - Off Market

40 King Road

Wallkill, NY 10941
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,277 Ft²
$3,804
Est. Monthly

About This Property

This home has it all! This custom-built home was made for the extended family and entertaining is not a problem as this home sits on over 2.5 park like acres! . As you walk in you will notice the hardwood flooring, family room, den, formal dining and living room with a beautiful stone fireplace. Vaulted ceilings as well. The first-floor bathroom has been updated and the 1st floor primary bedroom with a huge bath with soaking tub and shower and walk in closets says it all! The home sports 4 bedrooms with several other spaces as well. Located in the Town of Wallkill Valley central schools! There is a lot to this home! Additional Information:  Amenities:Guest Quarters,Soaking Tub,HeatingFuel:Oil Below Ground,ParkingFeatures:2 Car Attached,
Unit Size
3,277 Ft²
Days on Market
117 days
Land Size
2.60 acres
Price per sqft
$174
Property Type
House
Property Taxes
$1,010
HOA Dues
-
Year Built
1990

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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 #KEYH6303982)

Price History

Date / Event Date Event Price
Aug 29, 2024 Sold
Premium
Sold
Jun 19, 2024 In contract -
In contract
May 1, 2024 Listed by Curasi Realty, Inc. $569,000
Listed by Curasi Realty, Inc.
Feb 14, 2008 Sold
Premium
Sold
Nov 27, 1996 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • 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: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 113,256
  • Total Building Area: 3,277
  • Building Area: 3,277
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,277
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SMITH FARM MAP 9312 MAY BE
  • Land Acres: 0000002600
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LT 3 SMITH FARM MAP 9312 MAY BE SUBJECT TO AGRICUL ROLLBACK PENALTIES

Neighborhood

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

Zoning

  • Zoning: RA

Geography

  • District: 335200
  • Section: 20.00
  • Parcel: 335200 20-1-37
  • Block: 1
  • Lot: 37.000
  • Municipality: WALLKILL
  • Latitude: 41.5092
  • Longitude: -74.3416

    Address

  • Full Address: 40 King Rd
  • Address - House Number: 40
  • Address - Street Name: King
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Middletown
  • Carrier Code: R003
  • 4-Digit Zip Code: 3605
  • Zip Code: 10941

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,284,024
  • Tax Rate Code Area: 334201

    Appraisal Valuation

  • Standard Deviation: 0.2225
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 607,517
  • High Value: 742,714
  • Low Value: 472,320

    Market Valuation

  • Market Total Value: $551,000
  • Market Land Value: $71,720
  • Market Improvement Value: $479,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $79,900
  • Assessed Land Value: $10,400
  • Assessed Improvements Value: $69,500

    Sales

  • Current Sale Contract Date: Feb 04, 2008
  • Current Sale Recording Date: Feb 14, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Nov 27, 1996
  • Previous Sale Contract Date: Nov 26, 1996
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 71
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

Unit for rent at 84 Foster Road, Middletown, NY, 10941

$2,000 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
84 Foster Road, Middletown, NY, 10941 Listing by David E Nicoli

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 40 King Road built and last sold?
The property at 40 King Road was built in 1990 and last sold on Feb 4, 2008 for $420,000.
How much is this home worth?
The estimated value of the home located at 40 King Road is $574,690.
What are some comparable homes to 40 King Road?
There are currently no comparable homes to 40 King Road.
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