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Putnam 10512
486 Fair Street
$447,000
● House - Off Market

486 Fair Street

Patterson, NY 10512
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,396 Ft²
$427,829
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

NOTHING TO DO BUT MOVE IN!  This home has been renovated from top to bottom and is super inviting.  Perched up high and away from the road, a brand new driveway and a beautiful bluestone walkway lead the way to a home FILLED WITH NEW ITEMS.  Many are high price ticketed ones.  This list is lengthy, but some NEW desired features include a bright, white kitchen with quartz counterops and stainless appliances, new bathrooms, refinished hardwood floors, black hardware throughout, front door and a bluestone patio out back for entertaining.  The partially finished basement is perfect for a playroom, office or entertainment space.  It is in a great location, as it is very close to parks, schools, shopping, highways and RR.  Schedule a showing today, don't miss this opportunity!! Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
Unit Size
1,396 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$307
Property Type
House
Property Taxes
$790
HOA Dues
-
Year Built
1960

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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 #KEYH6247055)

Price History

Date / Event Date Event Price
Jun 1, 2023 In contract -
In contract
May 16, 2023 Listed by Briante Realty Group, LLC $429,000
Listed by Briante Realty Group, LLC
Nov 16, 2022 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 2023
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 260
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,166
  • Lot Size Depth Feet: 2,040
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,396
  • Building Area: 1,396
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,396
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000440
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Carmel Central School District
  • School Tax School District: CARMEL
  • Census Tract: 010201

Zoning

  • Zoning: R1

Geography

  • Account Number: 031487
  • District: 372400
  • Section: 34.13
  • Parcel: 372400 34.13-1-14
  • Block: 1
  • Lot: 14.000
  • Municipality: PATTERSON
  • Latitude: 41.451
  • Longitude: -73.6452

    Address

  • Full Address: 486 Fair St
  • Address - House Number: 486
  • Address - Street Name: Fair
  • Address - Suffix Type: St
  • State: NY
  • City Name: Carmel
  • Carrier Code: R013
  • 4-Digit Zip Code: 6144
  • Zip Code: 10512

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $947,838
  • Tax Rate Code Area: 372002

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 398,531
  • High Value: 468,098
  • Low Value: 328,964

    Market Valuation

  • Market Total Value: $431,000
  • Market Land Value: $85,400
  • Market Improvement Value: $345,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $431,000
  • Assessed Land Value: $85,400
  • Assessed Improvements Value: $345,600

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Jul 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 4193
  • Previous Sale Recording Date: Nov 16, 2022
  • Previous Sale Contract Date: Nov 09, 2022
  • Previous Sale Amount: $262,000
  • Previous Sale Document Type: 12
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

$316

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2416 ft²

Average Home Age

57.5 years

Currently For Sale

272 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 189 Fair Street, Carmel, NY, 10512

$2,495 /mo

  • 2 Beds
  • 1 Bath
  • 660 ft²
189 Fair Street #4D, Carmel, NY, 10512 Listing by Gary Margolis
Unit for rent at 1751 Route 6, Carmel, NY, 10512

$1,800 /mo

  • Studio
  • 1 Bath
  • 250 ft²
1751 Route 6 #UNITA, Carmel, NY, 10512 Listing by Lee D. Kader
Unit for rent at 702 Fox Run Lane, Carmel, NY, 10512

$1,800 /mo

  • Studio
  • 1 Bath
  • 500 ft²
702 Fox Run Lane #1, Carmel, NY, 10512 Listing by Andre Aivazians

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 486 Fair Street built and last sold?
The property at 486 Fair Street was built in 1960 and last sold on Jul 21, 2023 for $447,000.
How much is this home worth?
The estimated value of the home located at 486 Fair Street is $435,525.
What are some comparable homes to 486 Fair Street?
There are currently no comparable homes to 486 Fair Street.
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