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Washington 12887
43 Rainbow Way Way
$120,000
● House - Off Market

43 Rainbow Way Way

Hampton, NY 12887
bedrooms
2 Beds
bathrooms
1 Bath
$127,886
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

This is a great get away! In the same family since it was built, the owner uses seasonally. Nice 4 acre setting. Storage shed. Drilled well and septic. Vinyl sided 2 bedroom camp with front deck. 2 bedrooms up. Bathroom with shower on 1st floor. Some electric heat plus woodstove.  If you're looking for a place to get away from it all, this may be for you.
Unit Size
-
Days on Market
-
Land Size
4.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$194
HOA Dues
-
Year Built
1980

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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: 3 years ago (Global MLS #202212116)

Price History

Date / Event Date Event Price
Jul 22, 2022 Sold
Premium
Sold
Feb 16, 2022 Listed by Country Horizon Realty $125,000
Listed by Country Horizon Realty

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • 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: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 174,240
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 960
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004000
  • Standard Land Use Code: 1012
  • County Land Use Code: 260
  • Legal Description 1: SEAS CAMP

Neighborhood

  • School District Name: Granville Central School District
  • School Tax School District: GRANVILLE
  • Census Tract: 082001

Zoning

  • Zoning: NONE

Geography

  • Account Number: 895J100547
  • District: 533600
  • Section: 81.00
  • Parcel: 533600 81.-1-34
  • Block: 1
  • Lot: 34.000
  • Municipality: HAMPTON
  • Latitude: 43.4984
  • Longitude: -73.2712

    Address

  • Full Address: 43 Rainbow Way
  • Address - House Number: 43
  • Address - Street Name: Rainbow
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Whitehall
  • Zip Code: 12887

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $230,664
  • Tax Rate Code Area: 533201

    Appraisal Valuation

  • Standard Deviation: 0.1347
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 50
  • Final Value: 133,366
  • High Value: 178,649
  • Low Value: 88,082

    Market Valuation

  • Market Total Value: $108,824
  • Market Land Value: $44,118
  • Market Improvement Value: $64,706

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,500
  • Assessed Land Value: $37,500
  • Assessed Improvements Value: $55,000

    Sales

  • Current Sale Contract Date: Jul 15, 2022
  • Current Sale Recording Date: Jul 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2022-4075
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 Washington

Stats & Trends

Median Asking:

$240,000

Sale Price/ft²

$165

Below Asking

0.03%

Average Days on Market

74

Average Home Size

2027 ft²

Average Home Age

90.7 years

Currently For Sale

169 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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Global MLS

Listed by: Rebecca J Dittmeier
Country Horizon Realty
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202212116
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 43 Rainbow Way built and last sold?
The property at 43 Rainbow Way was built in 1980 and last sold on Jul 15, 2022 for $120,000.
How much is this home worth?
The estimated value of the home located at 43 Rainbow Way is $126,250.
What are some comparable homes to 43 Rainbow Way?
There are currently no comparable homes to 43 Rainbow Way.
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