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Putnam Lake 12563
5 Ottawa Road
$380,000
● House - Off Market

5 Ottawa Road

Patterson, NY 12563
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,098 Ft²
$2,474
Est. Monthly
14.79%
Cap Rate

About This Property

Move right into this one-level house on .28 acre of private property! Sun-filled living room with great layout. Open concept kitchen with dining area. Beautiful cabinets, wood countertops, new appliances, and laundry room with washer/dryer hookup. Primary bedroom with full bath, three bedrooms and laundry. Located in a quiet neighborhood surrounded by bushes and trees. Private sanctuary within 3-minute walk to Putnam Lake with access rights included in taxes. Great commuter location, close to Putnam Lake, close to highways, schools, shopping and close to State Parks, Thunder Ridge Ski Area and Golf courses. CALL TODAY! Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
1,098 Ft²
Days on Market
225 days
Land Size
0.28 acres
Price per sqft
$351
Property Type
House
Property Taxes
$583
HOA Dues
-
Year Built
1940

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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 #KEYH6313609)

Price History

Date / Event Date Event Price
Jan 30, 2025 Sold
Premium
Sold
Nov 17, 2024 In contract -
In contract
Nov 14, 2024 No longer available -
No longer available
Oct 22, 2024 In contract -
In contract
Sep 27, 2024 Price Decreased $385,000
↓ $5K (1.3%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,098
  • Building Area: 1,098
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,098
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Brewster Central School District
  • School Tax School District: BREWSTER
  • Census Tract: 010100

Zoning

  • Zoning: RPL10

Geography

  • Account Number: 063250
  • District: 372400
  • Section: 25.56
  • Parcel: 372400 25.56-1-21
  • Block: 1
  • Lot: 21.000
  • Municipality: PATTERSON
  • Latitude: 41.4735
  • Longitude: -73.5414

    Address

  • Full Address: 5 Ottawa Rd
  • Address - House Number: 5
  • Address - Street Name: Ottawa
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Patterson
  • Carrier Code: R003
  • 4-Digit Zip Code: 1509
  • Zip Code: 12563

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $651,392
  • Tax Rate Code Area: 373001

    Appraisal Valuation

  • Standard Deviation: 0.2153
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 280,402
  • High Value: 340,795
  • Low Value: 220,009

    Market Valuation

  • Market Total Value: $196,000
  • Market Land Value: $36,200
  • Market Improvement Value: $159,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $196,000
  • Assessed Land Value: $36,200
  • Assessed Improvements Value: $159,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 26, 2024
  • Current Sale Recording Date: Feb 05, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 701
  • Previous Sale Recording Date: Nov 16, 1994
  • Previous Sale Contract Date: Nov 07, 1994
  • Previous Sale Amount: $65,000
  • Previous 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 Putnam Lake

Stats & Trends

Median Asking:

$427,500

Sale Price/ft²

$332

Below Asking

0.02%

Average Days on Market

84

Average Home Size

1639 ft²

Average Home Age

66.5 years

Currently For Sale

13 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

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 Ottawa Road built and last sold?
The property at 5 Ottawa Road was built in 1940 and last sold on Jan 26, 2024 for $210,000.
How much is this home worth?
The estimated value of the home located at 5 Ottawa Road is $384,946.
What are some comparable homes to 5 Ottawa Road?
There are currently no comparable homes to 5 Ottawa Road.
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