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Poughkeepsie 12601
5 Brookside Avenue
$375,000
● House - Off Market

5 Brookside Avenue

Poughkeepsie, NY 12601
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,128 Ft²
$1,940
Est. Monthly

About This Property

Welcome to 5 & 7 Brookside Avenue in the heart of Downtown Poughkeepsie. This property represents a unique mixed-use development opportunity near the famous Walkway Over the Hudson and Dutchess County Rail Trail. Combining the 2 parcels for nearly an acre of land, the zoning overlay allows for 2-3 stories of residential over commercial or a hotel/motel development. Site features municipal water/sewer, natural gas, a single-family home in disrepair and foundation from a previous adjacent home. Restore the original home to its natural beauty or turn this into a mixed-use development. PRICED TO SELL! Owner seeking cash deal with short-term contingencies only. Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
2,128 Ft²
Days on Market
76 days
Land Size
0.94 acres
Price per sqft
$186
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1920

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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 #KEYH6331008)

Price History

Date / Event Date Event Price
Dec 19, 2024 Sold
Premium
Sold
Nov 20, 2024 In contract -
In contract
Oct 4, 2024 Listed by Keller Williams Realty Partner $395,000
Listed by Keller Williams Realty Partner
Sep 23, 2016 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,056
  • Lot Size Depth Feet: 1,670
  • Lot Size Frontage Feet: 1,800
  • Total Building Area: 2,128
  • Building Area: 2,128
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,128
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000690
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 0.69 AC (C) 1554 0764 0663 0233

Neighborhood

  • School District Name: Poughkeepsie City School District
  • School Tax School District: POUGHKEEPSIE
  • Census Tract: 220201

Zoning

  • Zoning: R2A

Geography

  • Account Number: 041070
  • District: 131300
  • Section: 6.162
  • Parcel: 131300 6162-61-116345-0000
  • Block: 61
  • Lot: 116.345
  • Municipality: POUGHKEEPSIE
  • Latitude: 41.7105
  • Longitude: -73.9259

    Address

  • Full Address: 5 Brookside Ave
  • Address - House Number: 5
  • Address - Street Name: Brookside
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Poughkeepsie
  • Carrier Code: C009
  • 4-Digit Zip Code: 1917
  • Zip Code: 12601

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $0
  • Initial Tax Delinquent Year: 2014
  • Tax Rate Code Area: 131300

    Appraisal Valuation

  • Standard Deviation: 0.1872
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 430,200
  • High Value: 510,754
  • Low Value: 349,646

    Market Valuation

  • Market Total Value: $388,800
  • Market Land Value: $44,600
  • Market Improvement Value: $344,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $388,800
  • Assessed Land Value: $44,600
  • Assessed Improvements Value: $344,200

    Sales

  • Current Sale Contract Date: Sep 12, 2016
  • Current Sale Recording Date: Sep 23, 2016
  • Current Sale Price:
    Premium
  • Current 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 Poughkeepsie

Stats & Trends

Median Asking:

$379,000

Sale Price/ft²

$221

Below Asking

0.01%

Average Days on Market

87

Average Home Size

1590 ft²

Average Home Age

97.5 years

Currently For Sale

95 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 5 Brookside Avenue built and last sold?
The property at 5 Brookside Avenue was built in 1920 and last sold on Sep 12, 2016 for $315,000.
How much is this home worth?
The estimated value of the home located at 5 Brookside Avenue is $403,568.
What are some comparable homes to 5 Brookside Avenue?
There are currently no comparable homes to 5 Brookside Avenue.
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