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Putnam Lake 12563
42 Jordan Drive
$325,000
● House - Off Market

42 Jordan Drive

Patterson, NY 12563
bedrooms
2 Beds
bathrooms
1 Bath
square feet
720 Ft²
$2,351
Est. Monthly
7.02%
Cap Rate

About This Property

Welcome to this Charming 2 bedroom 1 bath Ranch style home. This beautifully maintained home offers one level living with convivence and comfort. This house offers a spacious living room, a modern kitchen and natural light throughout the house. Outside there is a nice size deck for entertaining and a large private yard perfect for entertaining or relaxing. Located in Putnam Lake it is conveniently located next to major highways and Metro North. Included in the taxes are lake rights, where you can enjoy the beach in the summer and kayaking, fishing and boating.
Unit Size
720 Ft²
Days on Market
50 days
Land Size
0.23 acres
Price per sqft
$507
Property Type
House
Property Taxes
$559
HOA Dues
-
Year Built
1940

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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 #KEY809475)

Price History

Date / Event Date Event Price
Mar 28, 2025 Sold
Premium
Sold
Feb 26, 2025 In contract -
In contract
Feb 6, 2025 Listed by Briante Realty Group, LLC $365,000
Listed by Briante Realty Group, LLC
Jan 22, 2010 Sold
Premium
Sold
Jan 16, 2004 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 720
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Brewster Central School District
  • School Tax School District: BREWSTER
  • Census Tract: 010100

Zoning

  • Zoning: RPL10

Geography

  • Account Number: 049850
  • District: 372400
  • Section: 25.40
  • Parcel: 372400 25.40-1-28
  • Block: 1
  • Lot: 28.000
  • Municipality: PATTERSON
  • Latitude: 41.4799
  • Longitude: -73.5409

    Address

  • Full Address: 42 Jordan Dr
  • Address - House Number: 42
  • Address - Street Name: Jordan
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Patterson
  • Carrier Code: R003
  • 4-Digit Zip Code: 2037
  • Zip Code: 12563

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $639,074
  • Tax Rate Code Area: 373001

    Appraisal Valuation

  • Standard Deviation: 0.1468
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 261,611
  • High Value: 300,025
  • Low Value: 223,196

    Market Valuation

  • Market Total Value: $192,000
  • Market Land Value: $35,200
  • Market Improvement Value: $156,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $192,000
  • Assessed Land Value: $35,200
  • Assessed Improvements Value: $156,800

    Sales

  • Current Sale Contract Date: Dec 08, 2009
  • Current Sale Recording Date: Jan 22, 2010
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1500142
  • Previous Sale Recording Date: Jan 16, 2004
  • Previous Sale Contract Date: Nov 12, 2003
  • Previous Sale Amount: $165,000
  • 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 Lake

Stats & Trends

Median Asking:

$427,500

Sale Price/ft²

$332

Below Asking

0.02%

Average Days on Market

86

Average Home Size

1639 ft²

Average Home Age

66.5 years

Currently For Sale

13 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

Rentals Near You

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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 42 Jordan Drive built and last sold?
The property at 42 Jordan Drive was built in 1940 and last sold on Dec 8, 2009 for $185,000.
How much is this home worth?
The estimated value of the home located at 42 Jordan Drive is $0.
What are some comparable homes to 42 Jordan Drive?
There are currently no comparable homes to 42 Jordan Drive.
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