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Cairo 12413
51 Monti Drive
$209,150
● House - Off Market

51 Monti Drive

Cairo, NY 12413
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$207,904
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Lot's of house on a dead end lane walking distance to the town. 4 bed room and two baths make this a perfect family or weekend retreat. Besides the eat-in kitchen with cherrywood cabinetry there is a formal dining, living room with oak flooring and 2 bed rooms (also oak flooring) on the first floor and two bed rooms with a 3/4 tiled bath on the second floor. The oak flooring throughout the first floor is in very good condition. The home boasts 2 cedar closets (one on each floor). Enjoy summer nights on the screened in porch and bring back the terraced garden in the backyard. There is a small barn with loft (12'X20') in the rear, a shed (6'X0') for garden tools and mower. Only 20 minutes to Windham Ski Resort and 2.5 hours from Manhattan.
Unit Size
1,600 Ft²
Days on Market
95 days
Land Size
0.33 acres
Price per sqft
$125
Property Type
House
Property Taxes
$310
HOA Dues
-
Year Built
1954

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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: 5 months ago (NYSAMLS #OD135226)

Price History

Date / Event Date Event Price
May 19, 2023 Sold
Premium
Sold
Sep 13, 2022 Sold
Premium
Sold
Jun 4, 2022 Listed by Living Structures Hal Zucker Realty Inc $199,900
Listed by Living Structures Hal Zucker Realty Inc

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 1,446
  • Building Area: 1,446
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,446
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Cairo-Durham Central School District
  • School Tax School District: CAIRO-DURHAM
  • Census Tract: 080502

Zoning

  • Zoning: 01 - NOT Z

Geography

  • District: 192400
  • Section: 100.00
  • Parcel: 192400 100.00-3-4
  • Block: 3
  • Lot: 4.000
  • Municipality: CAIRO
  • Latitude: 42.3039
  • Longitude: -74.0136

    Address

  • Full Address: 51 Monti Dr
  • Address - House Number: 51
  • Address - Street Name: Monti
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Cairo
  • Carrier Code: H081
  • 4-Digit Zip Code: 2817
  • Zip Code: 12413

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $374,028
  • Tax Rate Code Area: 192401

    Appraisal Valuation

  • Standard Deviation: 0.1628
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 53
  • Final Value: 231,618
  • High Value: 305,684
  • Low Value: 157,552

    Market Valuation

  • Market Total Value: $222,604
  • Market Land Value: $23,587
  • Market Improvement Value: $199,017

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,600
  • Assessed Land Value: $9,600
  • Assessed Improvements Value: $81,000

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: May 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: D2023-1226
  • Previous Sale Recording Date: Sep 13, 2022
  • Previous Sale Contract Date: Aug 22, 2022
  • Previous Sale Amount: $209,150
  • 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 Cairo

Stats & Trends

Median Asking:

$265,000

Sale Price/ft²

$174

Below Asking

0.01%

Average Days on Market

97

Average Home Size

1965 ft²

Average Home Age

64.4 years

Currently For Sale

5 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 482 Route 145, Cairo, NY, 12413

$1,100 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
482 Route 145, Cairo, NY, 12413 Listing by Thomas Fedorson

Rentals Near You

Click here to view more rentals in the neighborhood.
NYSAMLS

Last Updated: 5 months ago
Data Source: NYSAMLSs, MLS# OD135226

Frequently Asked Questions

When was property at 51 Monti Drive built and last sold?
The property at 51 Monti Drive was built in 1954 and last sold on May 12, 2023 for $213,000.
How much is this home worth?
The estimated value of the home located at 51 Monti Drive is $206,656.
What are some comparable homes to 51 Monti Drive?
There are currently no comparable homes to 51 Monti Drive.
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