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Pine Hill 12465
5 SALAMONE Road
$155,000
● House - Off Market

5 SALAMONE Road

Pine Hill, NY 12465
bedrooms
2 Beds
bathrooms
1 Bath
square feet
950 Ft²
$166,146
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Must see this cozy bungalow style home located in historic Pine Hill. Excellent opportunity to own at a great price or as a money making investment property. Currently being used as an Air-Bnb bringing in $2,500 a month! Tranquil setting with stream and year round mountain views. City sewer and water. Parking for 2+ cars. Beautiful hardwood floors throughout. Interior access to a full unfinished basement with concrete floor and fully equipped with shelving for a pantry. Priced to sell!,ExteriorFeatures:Outside Lighting,Below Grnd Sq Feet:350,FLOORING:Wood,FOUNDATION:Concrete,AboveGrade:600,Basement:Interior Access,ROOF:Asphalt Shingles,Unfinished Square Feet:350
Unit Size
950 Ft²
Days on Market
-
Land Size
0.61 acres
Price per sqft
$157
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950

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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 #KEYM403565)

Price History

Date / Event Date Event Price
May 23, 2023 Sold
Premium
Sold
Nov 8, 2021 Sold
Premium
Sold
Sep 15, 2021 Listed by BHHS HUDSON VALLEY PROPERTIES EF $149,000
Listed by BHHS HUDSON VALLEY PROPERTIES EF
Jul 22, 2021 Sold
Premium
Sold
Jan 14, 2021 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,572
  • Total Building Area: 628
  • Building Area: 628
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 628
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000610
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Onteora Central School District
  • School Tax School District: ONTEORA
  • Census Tract: 950900

Zoning

  • Zoning: HR

Geography

  • Account Number: 130697.000
  • District: 515000
  • Section: 4.46
  • Parcel: 515000 4.46-4-4
  • Block: 4
  • Lot: 4.000
  • Municipality: SHANDAKEN
  • Latitude: 42.1326
  • Longitude: -74.4837

    Address

  • Full Address: 5 Salomone Rd
  • Address - House Number: 5
  • Address - Street Name: Salomone
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Pine Hill
  • Zip Code: 12465

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $178,844
  • Tax Rate Code Area: 514001

    Appraisal Valuation

  • Standard Deviation: 0.1618
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 67
  • Final Value: 136,593
  • High Value: 158,704
  • Low Value: 114,481

    Market Valuation

  • Market Total Value: $109,507
  • Market Land Value: $24,067
  • Market Improvement Value: $85,440

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,200
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $14,200

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2023-5721
  • Previous Sale Recording Date: Nov 08, 2021
  • Previous Sale Contract Date: Nov 02, 2021
  • Previous Sale Amount: $155,000
  • 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 Pine Hill

Stats & Trends

Median Asking:

$650,000

Sale Price/ft²

$231

Below Asking

0.04%

Average Days on Market

124

Average Home Size

4070 ft²

Average Home Age

72 years

Currently For Sale

2 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 Salomone Road built and last sold?
The property at 5 Salomone Road was built in 1950 and last sold on May 12, 2023 for $204,000.
How much is this home worth?
The estimated value of the home located at 5 Salomone Road is $151,291.
What are some comparable homes to 5 Salomone Road?
There are currently no comparable homes to 5 Salomone Road.
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