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Millerton 12546
501 MILL Street
$30,000
● Land - Off Market

501 MILL Street

Millerton, NY 12546
bedrooms
Studio
bathrooms
0 Bath
$62,678
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Great lot in an even better location. Perfect for another mobile home or a tiny house. Directly across from the Webutuck Creek, a stones throw to the Harlem Valley Rail Trail and an 8 minute walk/2 minute bike ride to the beautiful Village of Millerton. Just a 15 minute drive to the Wassaic Train Station which leads directly to Grand Central and a 3 minute ride to the Connecticut border. Mobile home on property is in disrepair and is to be removed by buyer. Town water and septic already in place. Don't miss this great opportunity!
Unit Size
-
Days on Market
-
Land Size
0.53 acres
Price per sqft
-
Property Type
Land
Property Taxes
$205
HOA Dues
-
Year Built
1958

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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 #KEYM406954)

Price History

Date / Event Date Event Price
Oct 27, 2022 Sold
Premium
Sold
Mar 25, 2022 Listed by HOULIHAN LAWRENCE INC. LG $59,900
Listed by HOULIHAN LAWRENCE INC. LG

Property Highlights

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 2
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,087
  • Total Building Area: 420
  • Building Area: 420
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 420
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000530
  • Standard Land Use Code: 8001
  • County Land Use Code: 311

Neighborhood

  • School District Name: Northeast Central School District
  • School Tax School District: WEBATUK
  • Census Tract: 100000

Zoning

  • Zoning: R20,000

Geography

  • District: 133801
  • Section: 7.271
  • Parcel: 133801 7271-18-335101-0000
  • Block: 18
  • Lot: 335.101
  • Municipality: MILLERTON
  • Latitude: 41.9486
  • Longitude: -73.5118

    Address

  • Full Address: 501 Mill St
  • Address - House Number: 501
  • Address - Street Name: Mill
  • Address - Suffix Type: St
  • State: NY
  • City Name: Millerton
  • Carrier Code: R002
  • 4-Digit Zip Code: 5105
  • Zip Code: 12546

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $170,201
  • Tax Rate Code Area: 133801

    Appraisal Valuation

  • Standard Deviation: 0.1584
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 80
  • Final Value: 147,403
  • High Value: 170,763
  • Low Value: 124,043

    Market Valuation

  • Market Total Value: $47,600
  • Market Land Value: $47,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,600
  • Assessed Land Value: $47,600

    Sales

  • Current Sale Contract Date: Oct 20, 2022
  • Current Sale Recording Date: Oct 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2022-53918
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 Millerton

Stats & Trends

Median Asking:

$449,000

Sale Price/ft²

$299

Above Asking

0.00%

Average Days on Market

57

Average Home Size

2290 ft²

Average Home Age

136 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

Unit for rent at 43 Barton Street, Millerton, NY, 12546

$2,100 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
43 Barton Street, Millerton, NY, 12546 Listing by Stephany Eisermann

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 501 Mill Street built and last sold?
The property at 501 Mill Street was built in 1958 and last sold on Oct 20, 2022 for $30,000.
How much is this home worth?
The estimated value of the home located at 501 Mill Street is $60,499.
What are some comparable homes to 501 Mill Street?
There are currently no comparable homes to 501 Mill Street.
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