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Dutchess 12538
48-52 Forest Drive
$160,000
● Land - Off Market

48-52 Forest Drive

Hyde Park, NY 12538
bedrooms
Studio
bathrooms
0 Bath
$217,608
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Wonderful opportunity to build your dream house on 26.2 acres of land that was just board of health approved in the spring of 2020. Lovely pond and stream are on the property. The well is in and filed with the Dutchess County Board of Health, underground electrical service has been installed and the driveway is cut in. There is also a possibility to subdivide the property. See attached documents.
Unit Size
-
Days on Market
-
Land Size
26.02 acres
Price per sqft
-
Property Type
Land
Property Taxes
$184
HOA Dues
-
Year Built
-

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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 #KEYH6083575)

Price History

Date / Event Date Event Price
Apr 20, 2021 Sold
Premium
Sold
Nov 21, 2020 Listed by Houlihan Lawrence Inc. $175,000
Listed by Houlihan Lawrence Inc.
May 1, 2002 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,133,431
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000026020
  • Standard Land Use Code: 8001
  • County Land Use Code: 311
  • Legal Description 1: 26.02 AC (D) 21999 06035 1994 0361

Neighborhood

  • School District Name: Hyde Park Central School District
  • School Tax School District: HYDE PARK
  • Census Tract: 070102

Zoning

  • Zoning: GB

Geography

  • Account Number: 07095945
  • District: 133200
  • Section: 6.265
  • Parcel: 133200 6265-01-095945-0000
  • Block: 1
  • Lot: 95.945
  • Municipality: HYDE PARK
  • Latitude: 41.8072
  • Longitude: -73.8919

    Address

  • Full Address: 48 Forest Dr
  • Address - House Number: 48
  • Address - Street Name: Forest
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Hyde Park
  • Carrier Code: R002
  • 4-Digit Zip Code: 3102
  • Zip Code: 12538

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $221,714
  • Tax Rate Code Area: 133201

    Market Valuation

  • Market Total Value: $96,100
  • Market Land Value: $96,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,000
  • Assessed Land Value: $37,000

    Sales

  • Current Sale Contract Date: Mar 24, 2021
  • Current Sale Recording Date: Apr 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1966
  • Previous Sale Recording Date: May 01, 2002
  • Previous Sale Contract Date: Apr 08, 2002
  • Previous Sale Amount: $44,500
  • 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

85

Average Home Size

2297 ft²

Average Home Age

63.4 years

Currently For Sale

889 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 165 S Cross Road, Staatsburg, NY, 12580

$1,400 /mo

  • Studio
  • 1 Bath
  • 500 ft²
165 S Cross Road #4, Staatsburg, NY, 12580 Listing by Robert Hanson

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 48 Forest Drive built and last sold?
The property at 48 Forest Drive was built in and last sold on Mar 24, 2021 for $160,000.
How much is this home worth?
The estimated value of the home located at 48 Forest Drive is $176,750.
What are some comparable homes to 48 Forest Drive?
There are currently no comparable homes to 48 Forest Drive.
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