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Sullivan 12790
423 Budd Road
$500,000
● House - Off Market

423 Budd Road

Mamakating, NY 12790
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,709 Ft²
$3,297
Est. Monthly
9.26%
Cap Rate

About This Property

When you'd rather be surrounded by trees than people. When birdsong beats the sound of city traffic. When starlight feels better than streetlights. And when the idea of lounging on your huge deck, sipping your morning coffee with no bathrobe required, sounds like your vibe. Then this is your cue. How about a move-in-ready, beautifully updated Raised Ranch sitting on 5 gorgeous acres of peaceful countryside. It's fully finished with a new kitchen, 4 beautiful bedrooms, 3 full entirely updated bathrooms, a new heating system, new flooring, and never been used stainless steel appliances. All you need to do is bring your stuff and start making it your own. There's plenty to see and do in the area like hiking, a water park, restaurants and shopping.  New York City is only a one and a half hours away.
Unit Size
2,709 Ft²
Days on Market
106 days
Land Size
5.09 acres
Price per sqft
$185
Property Type
House
Property Taxes
$842
HOA Dues
-
Year Built
2005

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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 #KEYH6327883)

Price History

Date / Event Date Event Price
Dec 30, 2024 Sold
Premium
Sold
Oct 28, 2024 In contract -
In contract
Sep 15, 2024 Listed by River Realty Services, Inc. $499,900
Listed by River Realty Services, Inc.
May 12, 2022 Sold
Premium
Sold
Feb 17, 2022 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • 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: 1,301
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 222,156
  • Total Building Area: 2,709
  • Building Area: 2,709
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,709
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005100
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Fallsburg Central School District
  • School Tax School District: FALLSBURG
  • Census Tract: 951302

Zoning

  • Zoning: RAG1

Geography

  • District: 484089
  • Section: 6
  • Parcel: 484089 6.-1-23.11
  • Block: 1
  • Lot: 23.011
  • Municipality: MAMAKATING (TOV)
  • Latitude: 41.655
  • Longitude: -74.4859

    Address

  • Full Address: 423 Budd Rd
  • Address - House Number: 423
  • Address - Street Name: Budd
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Wurtsboro
  • Zip Code: 12790

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 482801

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 54
  • Final Value: 487,008
  • High Value: 597,099
  • Low Value: 376,916

    Market Valuation

  • Market Total Value: $472,533
  • Market Land Value: $93,067
  • Market Improvement Value: $379,466

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,200
  • Assessed Land Value: $34,900
  • Assessed Improvements Value: $142,300

    Sales

  • Current Sale Contract Date: May 02, 2022
  • Current Sale Recording Date: May 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2022-5106
  • Previous Sale Recording Date: Feb 17, 2022
  • Previous Sale Contract Date: Dec 17, 2021
  • Previous Sale Amount: $300,393
  • 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 Sullivan

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$237

Below Asking

0.03%

Average Days on Market

102

Average Home Size

1954 ft²

Average Home Age

60.6 years

Currently For Sale

640 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 423 Budd Road built and last sold?
The property at 423 Budd Road was built in 2005 and last sold on May 2, 2022 for $150,000.
How much is this home worth?
The estimated value of the home located at 423 Budd Road is $512,620.
What are some comparable homes to 423 Budd Road?
There are currently no comparable homes to 423 Budd Road.
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