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Rockland
40 Ridgetop Drive
$370,000
● House - Off Market

40 Ridgetop Drive

Stony Point, NY 10986
bedrooms
4 Beds
bathrooms
3 Baths
square feet
4,420 Ft²
$472,559
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

If you are looking for a large rustic home in a secluded location with seasonal Hudson River views you've found it! This spacious contemporary directly backs Bear Mountain State Park. Generous room sizes in this open design and lots of glass to let the light in. Bedrooms and baths on both the main floor and upstairs, multiple fireplaces, sliding doors to an elevated deck and a partially finished basement.

Some renovation and decorating is required but well worth the effort! Additional Information: HeatingFuel:Oil Below Ground,
Unit Size
4,420 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$78
Property Type
House
Property Taxes
$1,089
HOA Dues
-
Year Built
1983

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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 #KEYH6022498)

Price History

Date / Event Date Event Price
Sep 23, 2020 Sold
Premium
Sold
Aug 19, 2020 Sold
Premium
Sold
Jun 16, 2020 In contract -
In contract
Mar 6, 2020 Listed by Joe Hasselt Real Estate $345,000
Listed by Joe Hasselt Real Estate
Oct 16, 2019 Sold
Premium
Sold

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 1,711
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 4,420
  • Gross Building Area: 4,420
  • Building Area: 4,420
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 4,420
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • Standard Land Use Code: 1114
  • County Land Use Code: 210
  • Legal Description 1: 19/10-26

Neighborhood

  • School District Name: Haverstraw-Stony Point Central School District (North Rockland)
  • School Tax School District: NORTH ROCKLAND
  • Census Tract: 010101

Zoning

  • Zoning: RR

Geography

  • Account Number: 0003708
  • District: 392800
  • Section: 10.02
  • Parcel: 392800 10.02-1-9
  • Block: 1
  • Lot: 9.000
  • Municipality: STONY POINT
  • Latitude: 41.2745
  • Longitude: -73.9856

    Address

  • Full Address: 40 Ridgetop Dr
  • Address - House Number: 40
  • Address - Street Name: Ridgetop
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Tomkins Cove
  • Carrier Code: R001
  • 4-Digit Zip Code: 1647
  • Zip Code: 10986

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $514,524
  • Tax Rate Code Area: 392201

    Appraisal Valuation

  • Standard Deviation: 0.2403
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 450,400
  • High Value: 558,647
  • Low Value: 342,153

    Market Valuation

  • Market Total Value: $511,247
  • Market Land Value: $54,192
  • Market Improvement Value: $457,055

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,000
  • Assessed Land Value: $5,300
  • Assessed Improvements Value: $44,700

    Sales

  • Current Sale Contract Date: Apr 22, 2020
  • Current Sale Recording Date: Sep 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2020-00027954
  • Previous Sale Recording Date: Oct 16, 2019
  • Previous Sale Contract Date: Sep 27, 2019
  • Previous Sale Amount: $631,810
  • Previous Sale Document Type: 34
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 Rockland

Stats & Trends

Median Asking:

$749,222

Sale Price/ft²

$373

Below Asking

0.01%

Average Days on Market

90

Average Home Size

2472 ft²

Average Home Age

57.6 years

Currently For Sale

715 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 79 Buckberg Road, Tomkins Cove, NY, 10986

$4,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,500 ft²
79 Buckberg Road, Tomkins Cove, NY, 10986 Listing by Annalisa Badstein
Unit for rent at 50 Rosetown Road, Stony Point, NY, 10980

$2,800 /mo

  • 2 Beds
  • 1 Bath
  • 1,128 ft²
50 Rosetown Road, Stony Point, NY, 10980 Listing by Josephine Hannigan

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 Ridgetop Drive built and last sold?
The property at 40 Ridgetop Drive was built in 1983 and last sold on Apr 22, 2020 for $370,000.
How much is this home worth?
The estimated value of the home located at 40 Ridgetop Drive is $419,380.
What are some comparable homes to 40 Ridgetop Drive?
There are currently no comparable homes to 40 Ridgetop Drive.
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