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Sullivan 12721
51 Patrick Drive
$400,000
● House - Off Market

51 Patrick Drive

Mamakating, NY 12721
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,012 Ft²
$2,427
Est. Monthly
15.06%
Cap Rate

About This Property

This 2200 sq ft 4 bed rm home is in a Fantastic Location on 1.6 acres with privacy.  A DIAMOND In the Rough!  A little TLC and this home can be spectacular.  Main living area has 3 bed rooms / a newer renovated kitchen with crowned cabinets, granite tops and peninsula with seating. The lower level has a 4th bed rm and nice family room.   Nice sized deck for entertaining overlooking the private peaceful large backyard.  Enjoy Country living with close proximity to hiking, wineries, shopping & highway.  10 mins to Pine Bush / 20 minutes to middletown.
Unit Size
2,012 Ft²
Days on Market
104 days
Land Size
1.59 acres
Price per sqft
$174
Property Type
House
Property Taxes
$708
HOA Dues
-
Year Built
1977

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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: 6 months ago (OneKey MLS #KEYH6327856)

Price History

Date / Event Date Event Price
Mar 14, 2025 Sold
Premium
Sold
Dec 18, 2024 In contract -
In contract
Nov 29, 2024 Listed by eXp Realty $349,999
Listed by eXp Realty
May 29, 2009 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,000
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 69,260
  • Total Building Area: 2,222
  • Building Area: 2,222
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,222
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001590
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Pine Bush Central School District
  • School Tax School District: PINE BUSH
  • Census Tract: 951201

Zoning

  • Zoning: RAG1

Geography

  • Account Number: 037610
  • District: 484089
  • Section: 23.B
  • Parcel: 484089 23.B-1-10
  • Block: 1
  • Lot: 10.000
  • Municipality: MAMAKATING (TOV)
  • Latitude: 41.5971
  • Longitude: -74.4112

    Address

  • Full Address: 51 Patrick Dr
  • Address - House Number: 51
  • Address - Street Name: Patrick
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Bloomingburg
  • Carrier Code: R082
  • 4-Digit Zip Code: 5321
  • Zip Code: 12721

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 332601

    Appraisal Valuation

  • Standard Deviation: 0.2176
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 56
  • Final Value: 376,115
  • High Value: 457,991
  • Low Value: 294,238

    Market Valuation

  • Market Total Value: $356,267
  • Market Land Value: $91,467
  • Market Improvement Value: $264,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,600
  • Assessed Land Value: $34,300
  • Assessed Improvements Value: $99,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 21, 2009
  • Current Sale Recording Date: May 29, 2009
  • Current Sale Price:
    Premium
  • Current 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 Sullivan

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$237

Below Asking

0.03%

Average Days on Market

102

Average Home Size

1953 ft²

Average Home Age

60.6 years

Currently For Sale

640 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: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 51 Patrick Drive built and last sold?
The property at 51 Patrick Drive was built in 1977 and last sold on May 21, 2009 for $196,000.
How much is this home worth?
The estimated value of the home located at 51 Patrick Drive is $0.
What are some comparable homes to 51 Patrick Drive?
There are currently no comparable homes to 51 Patrick Drive.
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