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Dutchess 12571
465 Field Road
$1,250,000
● House - Off Market

465 Field Road

Milan, NY 12571
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,951 Ft²
$2,426,235
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

Wonderful rolling farmland with ponds and barn.  Suitable for farming.  Subdivision possible.  Agriculture and star exemptions reduce taxes to $6858/yr.
Unit Size
2,951 Ft²
Days on Market
-
Land Size
177.55 acres
Price per sqft
$441
Property Type
House
Property Taxes
$2,382
HOA Dues
-
Year Built
1800

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #KEYH3333114)

Price History

Date / Event Date Event Price
Nov 5, 2014 Sold
Premium
Sold
Nov 5, 2013 Listed by Robert A. McCaffrey Realty Inc. $1,300,000
Listed by Robert A. McCaffrey Realty Inc.
Aug 19, 2011 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1800
  • Effective Year Built: 1800
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,741,048
  • Total Building Area: 2,061
  • Gross Building Area: 2,061
  • Building Area: 2,061
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,061
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000177710
  • Standard Land Use Code: 1008
  • County Land Use Code: 113
  • Legal Description 1: 183.25 AC 1789 0757 1789 0755

Neighborhood

  • School District Name: Red Hook Central School District
  • School Tax School District: RED HOOK
  • Census Tract: 090000

Zoning

  • Zoning: A5A

Geography

  • Account Number: 09975782
  • District: 133600
  • Section: 6.470
  • Parcel: 133600 6470-00-975782-0000
  • Lot: 975.782
  • Municipality: MILAN
  • Latitude: 41.9437
  • Longitude: -73.7777

    Address

  • Full Address: 465 Field Rd
  • Address - House Number: 465
  • Address - Street Name: Field
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Red Hook
  • Carrier Code: R002
  • 4-Digit Zip Code: 4756
  • Zip Code: 12571

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,816,760
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 134801

    Appraisal Valuation

  • Standard Deviation: 0.2634
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 62
  • Final Value: 2,241,688
  • High Value: 2,832,307
  • Low Value: 1,651,070

    Market Valuation

  • Market Total Value: $1,722,300
  • Market Land Value: $892,600
  • Market Improvement Value: $829,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,722,300
  • Assessed Land Value: $892,600
  • Assessed Improvements Value: $829,700

    Sales

  • Current Sale Contract Date: Oct 31, 2014
  • Current Sale Recording Date: Nov 05, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 19, 2011
  • Previous Sale Contract Date: Aug 15, 2011
  • Previous Sale Amount: $100,000
  • 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 Dutchess

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$269

Below Asking

0.01%

Average Days on Market

86

Average Home Size

2299 ft²

Average Home Age

63.4 years

Currently For Sale

882 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

Unit for rent at 400 Round Lake Road, Rhinebeck, NY, 12572

$2,000 /mo

  • 1 Bed
  • 1 Bath
  • 1,000 ft²
400 Round Lake Road #APTA, Rhinebeck, NY, 12572 Listing by Steven J. Collier

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 465 Field Road built and last sold?
The property at 465 Field Road was built in 1800 and last sold on Oct 31, 2014 for $1,250,000.
How much is this home worth?
The estimated value of the home located at 465 Field Road is $1,311,514.
What are some comparable homes to 465 Field Road?
There are currently no comparable homes to 465 Field Road.
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