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Ulster 12440
420 Mohonk Road
$115,000
● House - Off Market

420 Mohonk Road

Marbletown, NY 12440
bedrooms
2 Beds
bathrooms
1 Bath
square feet
840 Ft²
$870
Est. Monthly

About This Property

Nestled in the picturesque town of High Falls this property presents a unique opportunity. Owner is now looking to purchase in a different area closer to family. Originally a 2 bedroom 1 bathroom 840 Sq Ft structure and sitting on slightly less than 1 acre this property is poised for transformation. Situated between downtown High Falls, Mohonk Preserve and a short drive from New Paltz, this location offers the best of both worlds away from the hustle and bustle of the city but still within a vibrant, thriving community. This property offers a chance to embrace the natural beauty of this area including its many hiking trails and breathtaking tranquility. Explore the potential of this property and make it your own!
Unit Size
840 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$155
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1950

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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 #KEYH6271838)

Price History

Date / Event Date Event Price
Dec 4, 2023 Sold
Premium
Sold
Nov 1, 2023 In contract -
In contract
Oct 5, 2023 Listed by Compass Greater NY, LLC $130,000
Listed by Compass Greater NY, LLC
Jun 28, 2023 Sold
Premium
Sold
Jun 2, 2023 In contract -
In contract
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Total Building Area: 840
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Rondout Valley Central School District
  • School Tax School District: RONDOUT VALLEY
  • Census Tract: 952901

Zoning

  • Zoning: A4

Geography

  • Account Number: 114611.000
  • District: 513400
  • Section: 70.03
  • Parcel: 513400 70.3-5-15
  • Block: 5
  • Lot: 15.000
  • Municipality: MARBLETOWN
  • Latitude: 41.8009
  • Longitude: -74.1347

    Address

  • Full Address: 420 Mohonk Rd
  • Address - House Number: 420
  • Address - Street Name: Mohonk
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: High Falls
  • Carrier Code: R081
  • 4-Digit Zip Code: 5301
  • Zip Code: 12440

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $249,931
  • Tax Rate Code Area: 513401

    Appraisal Valuation

  • Standard Deviation: 0.1152
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 87
  • Final Value: 127,519
  • High Value: 142,221
  • Low Value: 112,817

    Market Valuation

  • Market Total Value: $172,131
  • Market Land Value: $57,377
  • Market Improvement Value: $114,754

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,000
  • Assessed Land Value: $35,000
  • Assessed Improvements Value: $70,000

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Ulster

Stats & Trends

Median Asking:

$489,000

Sale Price/ft²

$284

Below Asking

0.02%

Average Days on Market

87

Average Home Size

7392 ft²

Average Home Age

67.3 years

Currently For Sale

558 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

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 420 Mohonk Road built and last sold?
The property at 420 Mohonk Road was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 420 Mohonk Road is $138,190.
What are some comparable homes to 420 Mohonk Road?
There are currently no comparable homes to 420 Mohonk Road.
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