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Dutchess 12571
5 King Road
$175,000
● House - Off Market

5 King Road

Milan, NY 12571
bedrooms
3 Beds
bathrooms
1 Bath
square feet
944 Ft²
$270,526
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

SITUATED IN A RUSTIC SETTING: THIS AUTHENTIC 1870's 1.5 STORY COLONIAL FARMHOUSE SITS ON 1.74 ACRES OF OPEN BACKYARD. FEATURES ROUGH SAWN BEAMS, WOOD FLOORING, OPEN KITCHEN DINNING AREA, 3 BEDROOMS AND A LARGE FAMILY ROOM. EASY ACCESS TO THE TACONIC PKWY. UP-GRADES: FURNACE, EXPANSION TANK, UV LIGHT, WINDOWS, WELL PUMP. Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
944 Ft²
Days on Market
112 days
Land Size
1.74 acres
Price per sqft
$270
Property Type
House
Property Taxes
$239
HOA Dues
-
Year Built
1870

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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 #KEYH6207707)

Price History

Date / Event Date Event Price
Dec 21, 2022 Sold
Premium
Sold
Dec 3, 2022 In contract -
In contract
Dec 3, 2022 Relisted $255,000
Relisted
Dec 3, 2022 In contract -
In contract
Sep 22, 2022 Price Decreased $255,000
↓ $25K (8.9%)
Price Decreased
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1960
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 75,794
  • Total Building Area: 944
  • Building Area: 944
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 944
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001740
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 1.74 AC 1650 0061 1204 0043

Neighborhood

  • School District Name: Pine Plains Central School District
  • School Tax School District: PINE PLAINS
  • Census Tract: 090000

Zoning

  • Zoning: A3A

Geography

  • Account Number: 09022587
  • District: 133600
  • Section: 6.673
  • Parcel: 133600 6673-00-022587-0000
  • Lot: 22.587
  • Municipality: MILAN
  • Latitude: 42.0181
  • Longitude: -73.7431

    Address

  • Full Address: 5 King Rd
  • Address - House Number: 5
  • Address - Street Name: King
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Red Hook
  • Carrier Code: R001
  • 4-Digit Zip Code: 4339
  • Zip Code: 12571

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $334,951
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 134201

    Appraisal Valuation

  • Standard Deviation: 0.1064
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 89
  • Final Value: 248,520
  • High Value: 274,978
  • Low Value: 222,063

    Market Valuation

  • Market Total Value: $221,000
  • Market Land Value: $87,500
  • Market Improvement Value: $133,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $221,000
  • Assessed Land Value: $87,500
  • Assessed Improvements Value: $133,500

    Sales

  • Current Sale Contract Date: Dec 13, 2002
  • Current Sale Recording Date: Dec 28, 2002
  • 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 Dutchess

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$269

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2300 ft²

Average Home Age

63.4 years

Currently For Sale

883 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 King Road built and last sold?
The property at 5 King Road was built in 1870 and last sold on Dec 13, 2002 for $157,000.
How much is this home worth?
The estimated value of the home located at 5 King Road is $257,550.
What are some comparable homes to 5 King Road?
There are currently no comparable homes to 5 King Road.
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