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Putnam
45 Mountain Laurel Ridge
$675,000
● House - Off Market

45 Mountain Laurel Ridge

Philipstown, NY 10524
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,454 Ft²
$716,186
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Pristine condition,  private wooded setting with 3.66 acres, fenced in yard and expansive deck will full-fill all your country desires yet conveniently close to train, schools and shops. Large eat in kitchen with fireplace, loads of cabinets, granite counters, stainless appliances with access to a sprawling Trex deck. Beautiful hardwood floors throughout, sunny living room with gas fireplace, primary bedroom complete with private updated bath. Additional bedroom and full bath. Lower level offers third bedroom option, laundry and garage access, generator hookup. Additional Information: ParkingFeatures:2 Car Attached,
Unit Size
2,454 Ft²
Days on Market
-
Land Size
3.66 acres
Price per sqft
$283
Property Type
House
Property Taxes
$618
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: 4 months ago (OneKey MLS #KEYH6204238)

Price History

Date / Event Date Event Price
Dec 17, 2022 In contract -
In contract
Aug 11, 2022 Listed by Houlihan Lawrence Inc. $695,000
Listed by Houlihan Lawrence Inc.
Apr 2, 2013 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 486
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 159,430
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,454
  • Building Area: 2,454
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,454
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003660
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LAND & RESIDENCE

Neighborhood

  • School District Name: Garrison Union Free School District
  • School Tax School District: GARRISON
  • Census Tract: 010600

Zoning

  • Zoning: R80

Geography

  • Account Number: 090785
  • District: 372689
  • Section: 61.00
  • Parcel: 372689 61.-3-58
  • Block: 3
  • Lot: 58.000
  • Municipality: PHILIPSTOWN (TOV)
  • Latitude: 41.3856
  • Longitude: -73.9079

    Address

  • Full Address: 45 Mountain Laurel Rdg
  • Address - House Number: 45
  • Address - Street Name: Mountain Laurel
  • Address - Suffix Type: Rdg
  • State: NY
  • City Name: Garrison
  • Carrier Code: R001
  • 4-Digit Zip Code: 3920
  • Zip Code: 10524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $778,102
  • Tax Rate Code Area: 372604

    Appraisal Valuation

  • Standard Deviation: 0.0909
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 92
  • Final Value: 841,027
  • High Value: 917,485
  • Low Value: 764,569

    Market Valuation

  • Market Total Value: $553,663
  • Market Land Value: $208,121
  • Market Improvement Value: $345,542

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,000
  • Assessed Land Value: $73,300
  • Assessed Improvements Value: $121,700

    Sales

  • Current Sale Contract Date: Feb 22, 2023
  • Current Sale Recording Date: Mar 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1404
  • Previous Sale Recording Date: Apr 02, 2013
  • Previous Sale Contract Date: Mar 18, 2013
  • Previous Sale Amount: $360,000
  • 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

Stats & Trends

Median Asking:

$579,000

Sale Price/ft²

$317

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2444 ft²

Average Home Age

57.5 years

Currently For Sale

276 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 45 Mountain Laurel Ridge built and last sold?
The property at 45 Mountain Laurel Ridge was built in 1980 and last sold on Feb 22, 2023 for $675,000.
How much is this home worth?
The estimated value of the home located at 45 Mountain Laurel Ridge is $704,590.
What are some comparable homes to 45 Mountain Laurel Ridge?
There are currently no comparable homes to 45 Mountain Laurel Ridge.
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