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Dutchess 12590
40 Martin Drive
$375,000
● House - Off Market

40 Martin Drive

Wappinger, NY 12590
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,200 Ft²
$538,461
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

AN INCREDIBLE HOUSE IN WAPPINGERS! Pristine Open Concept Floor Plan with 3 to 4 Bedrooms, 2 Baths, Hardwoods, Fireplace, 4 zone Gas Heat, Municipal Water/Sewer and a gorgeous In-Ground Pool. Great Room with high ceiling and lots of glass is open to the Kitchen with Island, Dining and even the Living Room! Recent updates include: 2018-2 new Skylights, Refrigerator, Dishwasher, Microwave. 2017-Some new Windows. 2016-House Roof and Siding, Shed Roof and Siding. 2014-Sliding Glass Door to Deck. Just vacation at home with the in-ground pool, patio surround and deck. Located in a Family subdivision, Royal Ridge, just minutes to the Route 9 corridor with shops and restaurants, Metro North, I-84 and Taconic. A must see! Additional Information: ParkingFeatures:1 Car Attached,
Unit Size
2,200 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$166
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
1972

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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 #KEYH4917242)

Price History

Date / Event Date Event Price
May 31, 2019 Sold
Premium
Sold
Mar 30, 2019 Listed by BHHS Hudson Valley Properties $365,000
Listed by BHHS Hudson Valley Properties
Sep 17, 2009 Sold
Premium
Sold
Jan 31, 1997 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1990
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 700
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 2,200
  • Building Area: 2,200
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 0.52 AC 1338 0059

Neighborhood

  • School District Name: Wappingers Central School District
  • School Tax School District: WAPPINGERS
  • Census Tract: 190101

Zoning

  • Zoning: R20

Geography

  • Account Number: 19934872
  • District: 135689
  • Section: 6.258
  • Parcel: 135689 6258-02-934872-0000
  • Block: 2
  • Lot: 934.872
  • Municipality: WAPPINGER (TOV)
  • Latitude: 41.615
  • Longitude: -73.8598

    Address

  • Full Address: 40 Martin Dr
  • Address - House Number: 40
  • Address - Street Name: Martin
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Wappingers Falls
  • Carrier Code: C018
  • 4-Digit Zip Code: 2226
  • Zip Code: 12590

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,224,250
  • Tax Rate Code Area: 135601

    Appraisal Valuation

  • Standard Deviation: 0.1992
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 518,165
  • High Value: 621,426
  • Low Value: 414,904

    Market Valuation

  • Market Total Value: $445,600
  • Market Land Value: $104,300
  • Market Improvement Value: $341,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $445,600
  • Assessed Land Value: $104,300
  • Assessed Improvements Value: $341,300

    Sales

  • Current Sale Contract Date: Aug 14, 2009
  • Current Sale Recording Date: Sep 17, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 31, 1997
  • Previous Sale Contract Date: Jan 23, 1997
  • Previous Sale Amount: $150,000
  • 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 Dutchess

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$270

Below Asking

0.02%

Average Days on Market

86

Average Home Size

2307 ft²

Average Home Age

63.2 years

Currently For Sale

899 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 83 Kent Road, Wappingers Falls, NY, 12590

$1,900 /mo

  • 1 Bed
  • 1 Bath
  • 620 ft²
83 Kent Road #LOWER, Wappingers Falls, NY, 12590 Listing by John Durso
Unit for rent at 1419 Route 376, Wappingers Falls, NY, 12590

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 850 ft²
1419 Route 376 #5, Wappingers Falls, NY, 12590 Listing by Molly Montero

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 Martin Drive built and last sold?
The property at 40 Martin Drive was built in 1972 and last sold on Aug 14, 2009 for $342,500.
How much is this home worth?
The estimated value of the home located at 40 Martin Drive is $380,787.
What are some comparable homes to 40 Martin Drive?
There are currently no comparable homes to 40 Martin Drive.
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