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Dutchess 12522
53 Ridge Road
$270,000
● House - Off Market

53 Ridge Road

Dover, NY 12522
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,313 Ft²
$433,310
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Well maintained home with legal 2 bedroom accessory apartment. Main home has LR w/FPL, DR w/SLD's to deck & enclosed porch, EIK, 3 Bedrooms, 2 Baths, FR, Den. Apartment offers 2 Bedrooms, EIK, DA, LR w/FPL, Bath. Basement has laundry room, plenty of storage, oversized garage, 2 separate electric meters, 5 acres, outside storage shed, comes with 2 frig, 2 stoves, 2 FPL's, gleaming hardwood floors, multiple ceiling fans. To much to list, a must see, great value. Additional Information: ParkingFeatures:2 Car Attached,
Unit Size
2,313 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$117
Property Type
House
Property Taxes
$527
HOA Dues
-
Year Built
1980

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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: 5 months ago (OneKey MLS #KEYH4707732)

Price History

Date / Event Date Event Price
Jan 25, 2018 Sold
Premium
Sold
Jul 3, 2017 Sold
Premium
Sold
Feb 25, 2017 Listed by RE/MAX Classic Realty $269,900
Listed by RE/MAX Classic Realty

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 432
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 2,330
  • Gross Building Area: 2,330
  • Building Area: 2,330
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,330
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005000
  • Standard Land Use Code: 1101
  • County Land Use Code: 220
  • Legal Description 1: 5.0 AC.

Neighborhood

  • School District Name: Dover Union Free School District
  • School Tax School District: DOVER
  • Census Tract: 040001

Zoning

  • Zoning: RC

Geography

  • Account Number: 04234630
  • District: 132600
  • Section: 6.962
  • Parcel: 132600 6962-00-234630-0000
  • Lot: 234.630
  • Municipality: DOVER
  • Latitude: 41.716
  • Longitude: -73.6289

    Address

  • Full Address: 53 Ridge Rd
  • Address - House Number: 53
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Dover Plains
  • Carrier Code: R001
  • 4-Digit Zip Code: 5240
  • Zip Code: 12522

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $849,010
  • Tax Rate Code Area: 132602

    Appraisal Valuation

  • Standard Deviation: 0.206
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 417,461
  • High Value: 503,495
  • Low Value: 331,427

    Market Valuation

  • Market Total Value: $439,200
  • Market Land Value: $104,236
  • Market Improvement Value: $334,964

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $155,900
  • Assessed Land Value: $37,000
  • Assessed Improvements Value: $118,900

    Sales

  • Current Sale Contract Date: Jan 08, 2018
  • Current Sale Recording Date: Jan 25, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018-640
  • Previous Sale Recording Date: Jul 03, 2017
  • Previous Sale Contract Date: Jun 28, 2017
  • Previous Sale Amount: $270,000
  • 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 Dutchess

Stats & Trends

Median Asking:

$499,975

Sale Price/ft²

$270

Below Asking

0.02%

Average Days on Market

87

Average Home Size

2313 ft²

Average Home Age

64.7 years

Currently For Sale

930 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 45 Corbin Road, Dover Plains, NY, 12522

$2,350 /mo

  • 1 Bed
  • 1 Bath
  • 984 ft²
45 Corbin Road, Dover Plains, NY, 12522 Listing by Anthony Cerrato

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 53 Ridge Road built and last sold?
The property at 53 Ridge Road was built in 1980 and last sold on Jan 8, 2018 for $194,000.
How much is this home worth?
The estimated value of the home located at 53 Ridge Road is $272,771.
What are some comparable homes to 53 Ridge Road?
There are currently no comparable homes to 53 Ridge Road.
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