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Dutchess 12533
5 Memory Lane
$335,000
● House - Off Market

5 Memory Lane

East Fishkill, NY 12533
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,646 Ft²
$2,402
Est. Monthly

About This Property

Looking for a fresh palate to create your own masterpiece? Then this is the house for you. This 3 bdrm, 1.5 bath RR is waiting for someone to make it their own. This house needs some work to make it shine but has lots of space to be creative. Spacious LR, DR w/SGD to back deck (which needs work), Kitchen, 3 sizable bdrms and full bath complete the first floor. Lower level has family room, laundry, half bath and 2 car garage.  Yard has a sloping grade but does offer some level areas.  Close to Taconic Pkwy make this a great commuter location. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Unit Size
1,646 Ft²
Days on Market
-
Land Size
1.40 acres
Price per sqft
$228
Property Type
House
Property Taxes
$562
HOA Dues
-
Year Built
1982

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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 #KEYH6269337)

Price History

Date / Event Date Event Price
Jan 9, 2024 Sold
Premium
Sold
Oct 7, 2023 Listed by Century 21 Alliance Rlty Group $374,750
Listed by Century 21 Alliance Rlty Group

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 462
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,984
  • Total Building Area: 1,646
  • Building Area: 1,646
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,646
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001400
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 1.4 AC 1769 0667 1580 0516

Neighborhood

  • School District Name: Wappingers Central School District
  • School Tax School District: WAPPINGERS
  • Census Tract: 050205

Zoning

  • Zoning: R3

Geography

  • Account Number: 05345952
  • District: 132800
  • Section: 6.554
  • Parcel: 132800 6554-00-345952-0000
  • Lot: 345.952
  • Municipality: EAST FISHKILL
  • Latitude: 41.5074
  • Longitude: -73.7731

    Address

  • Full Address: 5 Memory Ln
  • Address - House Number: 5
  • Address - Street Name: Memory
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Hopewell Junction
  • Carrier Code: R015
  • 4-Digit Zip Code: 6800
  • Zip Code: 12533

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $930,385
  • Tax Rate Code Area: 135601

    Appraisal Valuation

  • Standard Deviation: 0.1064
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 89
  • Final Value: 374,351
  • High Value: 414,205
  • Low Value: 334,497

    Market Valuation

  • Market Total Value: $366,600
  • Market Land Value: $63,500
  • Market Improvement Value: $303,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $366,600
  • Assessed Land Value: $63,500
  • Assessed Improvements Value: $303,100

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 28, 2023
  • Current Sale Recording Date: Jan 09, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 2024-50116
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

$270

Below Asking

0.02%

Average Days on Market

85

Average Home Size

2317 ft²

Average Home Age

62.9 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

Unit for rent at 25 Woodland Terrace Court, Carmel, NY, 10512

$3,975 /mo

  • 3 Beds
  • 2 Baths
  • 1,900 ft²
25 Woodland Terrace Court, Carmel, NY, 10512 Listing by Brittany N. Pisco

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 5 Memory Lane built and last sold?
The property at 5 Memory Lane was built in 1982 and last sold on Dec 28, 2023 for $335,000.
How much is this home worth?
The estimated value of the home located at 5 Memory Lane is $380,854.
What are some comparable homes to 5 Memory Lane?
There are currently no comparable homes to 5 Memory Lane.
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