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Dutchess
498 Holmes Road
$339,900
● House - Off Market

498 Holmes Road

East Fishkill, NY 12531
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,756 Ft²
$379,013
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Updated and maintained R/R with accessory apartment. Upstairs there are 3 bedrooms, Hall bath, EIK, LR, DR, Enclosed porch, Deck. Downstairs has apartment with separate entrance with a fireplace, laundry, garage, utilites. Updates include roof, windows, siding, septic, & stove. Has lots of custom stonework and mature plantings. Sits well back from road for lots of privacy. Plenty of parking. Great extended family set up or rent out basement apartment to help with mortgage. Commuters location just 2 minutes to Route 84, 7 minutes to 684. If qualified, star would be $988/yr reduction. A must see, won't last. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
Unit Size
1,756 Ft²
Days on Market
-
Land Size
1.35 acres
Price per sqft
$194
Property Type
House
Property Taxes
$903
HOA Dues
-
Year Built
1985

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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: 5 months ago (OneKey MLS #KEYH6127481)

Price History

Date / Event Date Event Price
Nov 29, 2021 Sold
Premium
Sold
Jun 30, 2021 Listed by RE/MAX Classic Realty $339,900
Listed by RE/MAX Classic Realty

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • 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: 700
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 58,806
  • Total Building Area: 1,756
  • Gross Building Area: 1,756
  • Building Area: 1,756
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,756
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001350
  • Standard Land Use Code: 1101
  • County Land Use Code: 220
  • Legal Description 1: 1.35 AC (S) 1621 0524 1618 0176

Neighborhood

  • School District Name: Carmel Central School District
  • Census Tract: 050205

Zoning

  • Zoning: R3

Geography

  • Account Number: 05666487
  • District: 132800
  • Section: 6.755
  • Parcel: 132800 6755-04-666487-0000
  • Block: 4
  • Lot: 666.487
  • Municipality: EAST FISHKILL
  • Latitude: 41.5215
  • Longitude: -73.6879

    Address

  • Full Address: 498 Holmes Rd
  • Address - House Number: 498
  • Address - Street Name: Holmes
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Holmes
  • Carrier Code: R001
  • 4-Digit Zip Code: 5135
  • Zip Code: 12531

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,152,503
  • Tax Rate Code Area: 372002

    Appraisal Valuation

  • Standard Deviation: 0.1064
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 89
  • Final Value: 331,791
  • High Value: 367,114
  • Low Value: 296,468

    Market Valuation

  • Market Total Value: $421,200
  • Market Land Value: $81,000
  • Market Improvement Value: $340,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $421,200
  • Assessed Land Value: $81,000
  • Assessed Improvements Value: $340,200
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:

$499,975

Sale Price/ft²

$270

Below Asking

0.02%

Average Days on Market

87

Average Home Size

2313 ft²

Average Home Age

64.7 years

Currently For Sale

930 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

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OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 498 Holmes Road built and last sold?
The property at 498 Holmes Road was built in 1985 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 498 Holmes Road is $350,423.
What are some comparable homes to 498 Holmes Road?
There are currently no comparable homes to 498 Holmes Road.
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