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Putnam
40 Ridge Road
$14,000
● Land - Off Market

40 Ridge Road

Philipstown, NY 10524
bedrooms
Studio
bathrooms
0 Bath
$29,595
RealtyHop Estimate
86.13%
Since Oct 1, 2014
National-US
Primary Model

About This Property

Property sits on a quiet road   this spot is perfect for a home seeking privacy and convienence to shopping , parkways and min to Metro North   Woodlands could offer privacy or clear for more building space  Survey available
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$158
HOA Dues
-
Year Built
-

Payment Calculator

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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 #KEYH4432853)

Price History

Date / Event Date Event Price
Sep 30, 2014 Sold
Premium
Sold
Sep 4, 2014 Listed by Coldwell Banker Res Brokerage $15,900
Listed by Coldwell Banker Res Brokerage

Property Highlights

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:

$579,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2444 ft²

Average Home Age

57.5 years

Currently For Sale

276 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 1 Clara Court, Cortlandt Manor, NY, 10567

$4,499 /mo

  • 2 Beds
  • 3 Baths
  • 1,700 ft²
1 Clara Court, Cortlandt Manor, NY, 10567 Listing by Amit Shah
Unit for rent at 5 Adair Road, Cortlandt Manor, NY, 10567

$5,000 /mo

  • 4 Beds
  • 2 Baths
  • 1,550 ft²
5 Adair Road, Cortlandt Manor, NY, 10567 Listing by Dina A. Reggio
Unit for rent at 46 Gallows Hill Road, Cortlandt Manor, NY, 10567

$3,400 /mo

  • 2 Beds
  • 1 Bath
  • 1,042 ft²
46 Gallows Hill Road, Cortlandt Manor, NY, 10567 Listing by Paul Leis

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 Ridge Road built and last sold?
The property at 40 Ridge Road was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 40 Ridge Road is $16,059.
What are some comparable homes to 40 Ridge Road?
There are currently no comparable homes to 40 Ridge Road.
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