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Schoharie
508 Bear Swamp Road
$145,000
● House - Off Market

508 Bear Swamp Road

Carlisle, NY 12031
bedrooms
3 Beds
bathrooms
1 Bath
$1,017
Est. Monthly
15.37%
Cap Rate

About This Property

Just 10 mins from the Village of Cobleskill sits this charming farmhouse on 10 acres! Located on a peaceful country road, the home feels like it should be set in the english countryside! The home features 3 bedrooms, 1 bathroom, large eat in kitchen, living room, dinning room, as well as two enclosed porches! Great commuting distance to the capital district. House has tons of built in cabinets and large closets. The home has three sources of heat: Electric baseboard, oil fueled forced air, and a beautiful antique wood stove! The barn/ garage needs work and is being sold as/is. With a little work you could bring the original features back to its glory. Great opportunity to build equity overtime with improvements! Being sold AS/IS
Unit Size
-
Days on Market
-
Land Size
10.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$280
HOA Dues
-
Year Built
1880

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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: 2 years ago (Global MLS #202424773)

Price History

Date / Event Date Event Price
Nov 25, 2024 Sold
Premium
Sold
Sep 12, 2024 No longer available -
No longer available
Sep 4, 2024 Listed by KW Platform $149,900
Listed by KW Platform

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 435,600
  • Lot Size Frontage Feet: 10,860
  • Total Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000010000
  • Standard Land Use Code: 1008
  • County Land Use Code: 240
  • Legal Description 1: SEE ALSO 346/180

Neighborhood

  • School District Name: Cobleskill-Richmondville Central School District
  • School Tax School District: COBLESKILL-RICH
  • Census Tract: 740400

Zoning

  • Zoning: 01 - NOT Z

Geography

  • Account Number: 425J101328
  • District: 432400
  • Section: 14.00
  • Parcel: 432400 14.-1-14
  • Block: 1
  • Lot: 14.000
  • Municipality: CARLISLE
  • Latitude: 42.7668
  • Longitude: -74.4793

    Address

  • Full Address: 508 Bear Swamp Rd
  • Address - House Number: 508
  • Address - Street Name: Bear Swamp
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Carlisle
  • Carrier Code: H001
  • 4-Digit Zip Code: 3514
  • Zip Code: 12031

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $399,600
  • Tax Rate Code Area: 432602

    Appraisal Valuation

  • Standard Deviation: 0.4558
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 8
  • Final Value: 599,924
  • High Value: 873,414
  • Low Value: 326,433

    Market Valuation

  • Market Total Value: $161,800
  • Market Land Value: $40,000
  • Market Improvement Value: $121,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,900
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $60,900

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Schoharie

Stats & Trends

Median Asking:

$283,000

Sale Price/ft²

$172

Below Asking

0.03%

Average Days on Market

83

Average Home Size

2026 ft²

Average Home Age

82.6 years

Currently For Sale

130 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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Global MLS

Listed by: David T Schwartz
KW Platform
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202424773
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 508 Bear Swamp Road built and last sold?
The property at 508 Bear Swamp Road was built in 1880 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 508 Bear Swamp Road is $151,399.
What are some comparable homes to 508 Bear Swamp Road?
There are currently no comparable homes to 508 Bear Swamp Road.
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