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Putnam 10541
55 Circle Road
$420,000
● House - Off Market

55 Circle Road

Carmel, NY 10541
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,872 Ft²
$418,217
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Cozy Home in the Lake Secor section of Mahopac within a half a mile to the Taconic Parkway. Built in 1945 with a 2 story addition added in 2003, there is plenty of room for all. The wood burning stove provides great heat helping save on fuel costs during the long winter months.   Municipal water and sewer. Ready for central air. Great Location close to all. Additional Information:  Amenities:Storage,HeatingFuel:Oil Above Ground,
Unit Size
1,872 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$222
Property Type
House
Property Taxes
$1,061
HOA Dues
-
Year Built
1945

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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: 4 months ago (OneKey MLS #KEYH6223934)

Price History

Date / Event Date Event Price
Feb 27, 2023 In contract -
In contract
Jan 27, 2023 Price Decreased $415,000
↓ $14K (3.3%)
Price Decreased
Dec 13, 2022 Listed by Houlihan Lawrence Inc. $429,000
Listed by Houlihan Lawrence Inc.
Nov 4, 2008 Sold
Premium
Sold
Sep 7, 2007 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,280
  • Lot Size Depth Feet: 880
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,872
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF LAKE SECOR
  • Land Acres: 0000000121
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 000600000088000000000AGE

Neighborhood

  • School District Name: Mahopac Central School District
  • School Tax School District: MAHOPAC
  • Census Tract: 011100

Zoning

  • Zoning: R

Geography

  • Account Number: 230750
  • District: 372000
  • Section: 74.42
  • Parcel: 372000 74.42-1-20
  • Block: 1
  • Lot: 20.000
  • Municipality: CARMEL
  • Latitude: 41.3722
  • Longitude: -73.7931

    Address

  • Full Address: 55 Circle Rd
  • Address - House Number: 55
  • Address - Street Name: Circle
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Mahopac
  • Carrier Code: C001
  • 4-Digit Zip Code: 1201
  • Zip Code: 10541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,308,933
  • Tax Rate Code Area: 372001

    Appraisal Valuation

  • Standard Deviation: 0.0909
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 92
  • Final Value: 449,203
  • High Value: 490,040
  • Low Value: 408,366

    Market Valuation

  • Market Total Value: $406,100
  • Market Land Value: $52,900
  • Market Improvement Value: $353,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $406,100
  • Assessed Land Value: $52,900
  • Assessed Improvements Value: $353,200

    Sales

  • Current Sale Contract Date: May 18, 2023
  • Current Sale Recording Date: May 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2995
  • Previous Sale Recording Date: Nov 04, 2008
  • Previous Sale Contract Date: Oct 28, 2008
  • Previous Sale Amount: $225,000
  • Previous Sale Document Type: 12
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 Putnam

Stats & Trends

Median Asking:

$579,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2416 ft²

Average Home Age

57.5 years

Currently For Sale

272 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 198 Myrtle Avenue, Carmel, NY, 10512

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,180 ft²
198 Myrtle Avenue, Carmel, NY, 10512 Listing by Lawrence P. Zacks
Unit for rent at 174 Myrtle Avenue, Mahopac, NY, 10541

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
174 Myrtle Avenue #D, Mahopac, NY, 10541 Listing by Patricia A. Wagner

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 55 Circle Road built and last sold?
The property at 55 Circle Road was built in 1945 and last sold on May 18, 2023 for $420,000.
How much is this home worth?
The estimated value of the home located at 55 Circle Road is $428,710.
What are some comparable homes to 55 Circle Road?
There are currently no comparable homes to 55 Circle Road.
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