$453,000
●
House -
Off Market
5 Middlebranch Lane
Southeast, NY 10509
2 Beds
1 Bath
1,359 Ft²
$608,309
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model
About This Property
Spectacular waterfront setting on Middle Branch Reservoir has 122
ft of frontage offers year round views. Escape the city! Relax on
the 328sf wraparound deck, patio or lawn with amazing privacy +
serenity. Open concept floor plan, dramatic vaulted ceilings, large
windows and 5 skylights impart abundant natural light and scenic
views of the reservoir throughout this contemporary home. Upgrades:
leaders/gutters, Andersen/Marvin windows and doors, architectural
roof with frost shield for energy efficiency. Additional amenities:
LED recessed lighting, wood flooring/trim and wood-burning stove.
Two bedrooms on the lower level, master bedroom opens to patio
through an 8' sliding door and waterfront with room for a 2nd
bathroom plus utilities/laundry and plenty of storage. Loft has
private balcony. Truly a country retreat on a private road just
minutes to Putnam County Trailway, great for biking/walking, Metro
North RR (Brewster or Southeast), major retailers and highways. See
it now!
Unit Size
1,359 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$331
Property Type
House
Property Taxes
$602
HOA Dues
-
Year Built
1987
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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 #KEYH6057032)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 14, 2024 | Sold | ||
| Sold | |||
| Sep 24, 2020 | Sold | ||
| Sold | |||
| Jul 23, 2020 | Listed by Cafe Realty | $450,000 | |
| Listed by Cafe Realty | |||
| Oct 5, 2019 | No longer available | - | |
| No longer available | |||
| Jul 17, 2019 | Listed by RE/MAX Classic Realty | $424,900 | |
| Listed by RE/MAX Classic Realty | |||
| | |||
|
Spectacular, Peaceful WATERFRONT Retreat - Tranquil and Picturesque set right on Middle Branch Reservoir - a true Country Road - Must See! Totally Renovated and situated on 122 Feet of Reservoir Property w/Amazing Year-Round Views from almost every room. Dramatic 2-Story Living Room w/Soaring Ceilings & 4-Panel Sliding Glass Doors to Wrap-Around Deck. Open Floor Plan to Dining Room & Kitchen. Gorgeous New Hardwood Floors. Full Hall Bath. Wood Burning Stove & Skylights. Loft above Living Area w/Private 2nd Deck & Closet. Lower Level features Master Bedroom w/8 Ft. Sliding Glass Doors Out to Patio & Waterfront, along w/2nd Bedroom, Laundry Room & Large Storage Room (could easily become another Bath). Great Yard for Entertaining w/Beautiful Landscaping, Play Set & all Set Right on the Water. Just 200 Yards to Bike Trail. 5 minutes to Brewster Train Station, 1hour & 15 min to Grand Central. Taxes Shown Do Not Reflect Basic STAR Tax Deduction, if applicable. The manager has listed the unit size as 1800 square feet.
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Property Highlights
With View
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Putnam
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Last Updated: 4 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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