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Crown Heights 12601
51 S Gate Drive
$380,000
● House - Off Market

51 S Gate Drive

Poughkeepsie (Town), NY 12601
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,842 Ft²
$2,740
Est. Monthly
11.31%
Cap Rate

About This Property

Welcome to this beautiful 4 bedroom, 2 bathroom Ranch style home. Lovingly maintained over the years, this house is now ready for a new owner's touch. Unleash your creativity and transform this space into your dream home. Relax and enjoy the screened in porch off the formal dining room, offering serene views of the private, fenced-in backyard. Excellent commuter friendly location and close to everything the Hudson Valley has to offer. Additional Information: ParkingFeatures:1 Car Attached,
Unit Size
1,842 Ft²
Days on Market
130 days
Land Size
0.30 acres
Price per sqft
$212
Property Type
House
Property Taxes
$824
HOA Dues
-
Year Built
1960

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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 #KEYH6319803)

Price History

Date / Event Date Event Price
Dec 3, 2024 Sold
Premium
Sold
Aug 28, 2024 In contract -
In contract
Jul 26, 2024 Listed by Real Broker NY LLC $390,000
Listed by Real Broker NY LLC

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Total Rooms: 7
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,342
  • Building Area: 1,342
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,342
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 0.30 AC (C)

Neighborhood

  • School District Name: Spackenkill Union Free School District
  • School Tax School District: SPACKENKILL
  • Census Tract: 140602

Zoning

  • Zoning: R20

Geography

  • Account Number: 14134703
  • District: 134689
  • Section: 6.159
  • Parcel: 134689 6159-01-134703-0000
  • Block: 1
  • Lot: 134.703
  • Municipality: POUGHKEEPSIE (TOV)
  • Latitude: 41.6382
  • Longitude: -73.9256

    Address

  • Full Address: 51 S Gate Dr
  • Address - House Number: 51
  • Street Direction: S
  • Address - Street Name: Gate
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Poughkeepsie
  • Carrier Code: C053
  • 4-Digit Zip Code: 5634
  • Zip Code: 12601

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,010,941
  • Tax Rate Code Area: 134602

    Appraisal Valuation

  • Standard Deviation: 0.1872
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 75
  • Final Value: 352,006
  • High Value: 417,919
  • Low Value: 286,094

    Market Valuation

  • Market Total Value: $314,000
  • Market Land Value: $70,400
  • Market Improvement Value: $243,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $314,000
  • Assessed Land Value: $70,400
  • Assessed Improvements Value: $243,600

    Exemptions

  • Veteran Exemption: Yes
  • 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 Crown Heights

Stats & Trends

Median Asking:

$425,000

Sale Price/ft²

$280

Below Asking

0.01%

Average Days on Market

73

Average Home Size

2635 ft²

Average Home Age

47 years

Currently For Sale

3 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 51 South Gate Drive built and last sold?
The property at 51 South Gate Drive was built in 1960 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 51 South Gate Drive is $0.
What are some comparable homes to 51 South Gate Drive?
There are currently no comparable homes to 51 South Gate Drive.
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