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Montgomery 12137
511 Mc Dougall Road
$375,000
● House - Off Market

511 Mc Dougall Road

Florida, NY 12137
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$2,668
Est. Monthly
4.49%
Cap Rate

About This Property

PRICE ADJUSTED DUE TO MOTIVIATED SELLER!  Experience the charm of rural living with this remarkable property offering 48+/- acres of scenic beauty. Nestled among the rolling hills are cattle barns, silos and various outbuildings, perfect for a range of agricultural activities or personal hobbies. The home boasts a new metal roof, beautifully updated kitchen featuring granite tops, copper farmhouse-style sink and a full suite of appliances.  Spacious living areas with versatility to suit your lifestyle; cozy fireplace with gas/propane logs enhances the ambiance, creating a warm and inviting atmosphere.  Bonus loft space for storage or future expansion within the attached garage.  Don't miss this opportunity to own your slice of heaven in a tranquil countryside setting!
Unit Size
-
Days on Market
-
Land Size
48.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$704
HOA Dues
-
Year Built
1929

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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: 3 years ago (Global MLS #202419509)

Price History

Date / Event Date Event Price
Oct 2, 2024 Sold
Premium
Sold
Aug 19, 2024 In contract -
In contract
Aug 1, 2024 Price Decreased $399,900
↓ $60K (13.1%)
Price Decreased
Jun 15, 2024 Listed by RE/MAX Solutions $459,900
Listed by RE/MAX Solutions
Aug 4, 2016 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,095,236
  • Lot Size Frontage Feet: 15,559
  • Total Building Area: 1,898
  • Gross Building Area: 1,898
  • Building Area: 1,898
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,898
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000048100
  • Standard Land Use Code: 1008
  • County Land Use Code: 120

Neighborhood

  • School District Name: Schalmont Central School District
  • School Tax School District: SCHALMONT CSD
  • Census Tract: 072800

Geography

  • Account Number: 0974
  • District: 272600
  • Section: 89.00
  • Parcel: 272600 89.-1-38
  • Block: 1
  • Lot: 38.000
  • Municipality: FLORIDA
  • Latitude: 42.8751
  • Longitude: -74.1331

    Address

  • Full Address: 511 Mc Dougall Rd
  • Address - House Number: 511
  • Address - Street Name: Mc Dougall
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Pattersonville
  • Carrier Code: R002
  • 4-Digit Zip Code: 4320
  • Zip Code: 12137

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $273,277
  • Tax Rate Code Area: 422801

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 450,984
  • High Value: 512,043
  • Low Value: 389,924

    Market Valuation

  • Market Total Value: $348,023
  • Market Land Value: $126,215
  • Market Improvement Value: $221,808

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,000
  • Assessed Land Value: $111,700
  • Assessed Improvements Value: $196,300

    Sales

  • Current Sale Contract Date: Jul 27, 2016
  • Current Sale Recording Date: Aug 04, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Previous Sale Recording Date: Aug 04, 2016
  • Previous Sale Contract Date: Jul 27, 2016
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: O
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 Montgomery

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$124

Below Asking

0.03%

Average Days on Market

77

Average Home Size

2013 ft²

Average Home Age

250.6 years

Currently For Sale

137 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

Click here to view more rentals in the neighborhood.
Global MLS

Listed by: Beth E Saxton
RE/MAX Solutions
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202419509
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 511 McDougall Road built and last sold?
The property at 511 McDougall Road was built in 1929 and last sold on Jul 27, 2016 for $35,000.
How much is this home worth?
The estimated value of the home located at 511 McDougall Road is $0.
What are some comparable homes to 511 McDougall Road?
There are currently no comparable homes to 511 McDougall Road.
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