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Putnam
40 Marsh Hill Road
$520,000
● House - Off Market

40 Marsh Hill Road

Putnam Valley, NY 10579
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,500 Ft²
$1,051,300
RealtyHop Estimate
95.05%
Since Dec 1, 2013
National-US
Primary Model

About This Property

BRAND New Colonial- On beautiful 6 acres!!!Gorgeous Eat In Kitchen- Four Great size Bedrooms-2 car Garage!- Central A/C! Additional Information: ParkingFeatures:2 Car Attached,
Unit Size
2,500 Ft²
Days on Market
-
Land Size
5.97 acres
Price per sqft
$216
Property Type
House
Property Taxes
$1,500
HOA Dues
-
Year Built
2010

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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: 6 months ago (OneKey MLS #KEYH3322699)

Price History

Date / Event Date Event Price
Nov 26, 2013 Sold
Premium
Sold
Jul 16, 2013 Listed by Patricia Schiller Real Estate Co. $539,000
Listed by Patricia Schiller Real Estate Co.
Nov 26, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 260,053
  • Lot Size Frontage Feet: 4,873
  • Total Building Area: 2,520
  • Building Area: 2,520
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,520
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EMERALD RIDGE SUBDIVISION
  • Land Acres: 0000005970
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: TAX APPORT 4.43% SPLIT FOR SCH & SPECIAL D DISTRIBUTION

Neighborhood

  • School District Name: Putnam Valley Central School District
  • School Tax School District: PUTNAM VALLEY
  • Census Tract: 010902

Zoning

  • Zoning: R2

Geography

  • Account Number: 197850
  • District: 372800
  • Section: 84.00
  • Parcel: 372800 84.-1-67
  • Block: 1
  • Lot: 67.000
  • Municipality: PUTNAM VALLEY
  • Latitude: 41.3401
  • Longitude: -73.8665

    Address

  • Full Address: 40 Marsh Hill Rd
  • Address - House Number: 40
  • Address - Street Name: Marsh Hill
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Putnam Valley
  • Carrier Code: R006
  • 4-Digit Zip Code: 3103
  • Zip Code: 10579

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,054,075
  • Tax Rate Code Area: 372803

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 781,101
  • High Value: 895,796
  • Low Value: 666,405

    Market Valuation

  • Market Total Value: $745,000
  • Market Land Value: $201,200
  • Market Improvement Value: $543,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $745,000
  • Assessed Land Value: $201,200
  • Assessed Improvements Value: $543,800

    Sales

  • Current Sale Contract Date: Nov 08, 2013
  • Current Sale Recording Date: Nov 26, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1502537
  • Previous Sale Recording Date: Nov 26, 2010
  • Previous Sale Contract Date: Nov 12, 2010
  • Previous Sale Amount: $500,000
  • 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 Putnam

Stats & Trends

Median Asking:

$589,900

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

88

Average Home Size

2364 ft²

Average Home Age

59.4 years

Currently For Sale

263 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 1860 E Main Street, Mohegan Lake, NY, 10547

$1,950 /mo

  • 1 Bed
  • 1 Bath
  • 515 ft²
1860 E Main Street #5, Mohegan Lake, NY, 10547 Listing by Nadia Van Hauwaert
Unit for rent at 55 S Hill Road, Cortlandt Manor, NY, 10567

$4,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,800 ft²
55 S Hill Road, Cortlandt Manor, NY, 10567 Listing by Niurka Rodriguez

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 40 Marsh Hill Road built and last sold?
The property at 40 Marsh Hill Road was built in 2010 and last sold on Nov 8, 2013 for $520,000.
How much is this home worth?
The estimated value of the home located at 40 Marsh Hill Road is $554,501.
What are some comparable homes to 40 Marsh Hill Road?
There are currently no comparable homes to 40 Marsh Hill Road.
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