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Orange 10990
40 Park Drive
$359,000
● House - Off Market

40 Park Drive

Warwick (Town), NY 10990
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,064 Ft²
$509,818
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model

About This Property

This Home sits on 1.5 acres in Warwick town. This home was fully renovated and includes spacious living room, beautiful designed kitchen with quartz counter tops, hardwood floor, nice lighting throughout, brand new (pella) windows, new boiler, new vinyl siding, high-end appliances, nice designed bathrooms. THIS IS the home you need! Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
Unit Size
2,064 Ft²
Days on Market
-
Land Size
1.50 acres
Price per sqft
$170
Property Type
House
Property Taxes
$645
HOA Dues
-
Year Built
1973

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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 #KEYH5119707)

Price History

Date / Event Date Event Price
Jan 20, 2020 Sold
Premium
Sold
Nov 12, 2019 Listed by Continental Real Estate Group $349,900
Listed by Continental Real Estate Group
May 2, 2019 Sold
Premium
Sold
Dec 4, 2018 Listed by Continental Real Estate Group $194,900
Listed by Continental Real Estate Group
Nov 2, 2018 No longer available -
No longer available

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 816
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,070
  • Lot Size Depth Feet: 2,700
  • Lot Size Frontage Feet: 2,410
  • Total Building Area: 2,064
  • Building Area: 2,064
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,064
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001493
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Warwick Valley Central School District
  • School Tax School District: WARWICK VALLEY
  • Census Tract: 014700

Zoning

  • Zoning: 205

Geography

  • Account Number: Feb 06, 2039
  • District: 335489
  • Section: 39.00
  • Parcel: 335489 39-2-6
  • Block: 2
  • Lot: 6.000
  • Municipality: WARWICK
  • Latitude: 41.2932
  • Longitude: -74.2875

    Address

  • Full Address: 40 Park Dr
  • Address - House Number: 40
  • Address - Street Name: Park
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Warwick
  • Carrier Code: C004
  • 4-Digit Zip Code: 2013
  • Zip Code: 10990

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $810,185
  • Tax Rate Code Area: 335401

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 480,446
  • High Value: 591,248
  • Low Value: 369,643

    Market Valuation

  • Market Total Value: $389,200
  • Market Land Value: $103,787
  • Market Improvement Value: $285,413

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $36,000
  • Assessed Land Value: $9,600
  • Assessed Improvements Value: $26,400

    Sales

  • Current Sale Contract Date: Jan 17, 2020
  • Current Sale Recording Date: Feb 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20200008278
  • Previous Sale Recording Date: May 02, 2019
  • Previous Sale Contract Date: Apr 08, 2019
  • Previous Sale Amount: $185,000
  • 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 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 21 Darin Road, Warwick, NY, 10990

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,630 ft²
21 Darin Road, Warwick, NY, 10990 Listing by Amy Coccia Wilhelm

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 Park Drive built and last sold?
The property at 40 Park Drive was built in 1973 and last sold on Jan 17, 2020 for $359,900.
How much is this home worth?
The estimated value of the home located at 40 Park Drive is $358,167.
What are some comparable homes to 40 Park Drive?
There are currently no comparable homes to 40 Park Drive.
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