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Orange 12518
55 Mine Hill Road
$385,000
● House - Off Market

55 Mine Hill Road

Cornwall, NY 12518
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,767 Ft²
$556,837
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Breath taking, smell the air and escape - move right into this beautiful Contemporary 3 bedroom, 3 bath, beauty complete with many extras brand new central air and heating, cathedral ceilings, skylights, wood floors, 2nd floor landing great as library, gallery, sitting area, star watching......master bathroom has a sauna, home is wired for generator which can stay, outside sensor lights in front, vaulted ceilings, sunken living room with wood stove that heats entire house, serenity relaxing nature with wrap around deck perfect for entertaining in style, windows drench the home in natural sun light. Incredible seasonal mountain views, new roof to include cleats, gutters, downspouts August 2013, 2 driveways - lots of space and parking. Additional Information: ParkingFeatures:2 Car Attached,
Unit Size
1,767 Ft²
Days on Market
-
Land Size
0.93 acres
Price per sqft
$223
Property Type
House
Property Taxes
$983
HOA Dues
-
Year Built
1989

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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 #KEYH5002766)

Price History

Date / Event Date Event Price
May 11, 2020 Sold
Premium
Sold
Feb 4, 2020 Price Decreased $394,000
↓ $5K (1.3%)
Price Decreased
Oct 16, 2019 Price Decreased $399,000
↓ $10K (2.4%)
Price Decreased
Sep 13, 2019 Price Increased $409,000
↑ $15K (3.8%)
Price Increased
Aug 5, 2019 Listed by Smitchger Realty $394,000
Listed by Smitchger Realty
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • 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: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 40,511
  • Total Building Area: 1,767
  • Building Area: 1,767
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 2
  • Heated Square Feet: 1,767
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP LANDS ALBERT J SETTANI
  • Land Acres: 0000000930
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Cornwall Central School District
  • School Tax School District: CORNWALL
  • Census Tract: 013100

Geography

  • Account Number: Jan 08, 2035
  • District: 332489
  • Section: 35.00
  • Parcel: 332489 35-1-8
  • Block: 1
  • Lot: 8.000
  • Municipality: CORNWALL
  • Latitude: 41.4036
  • Longitude: -74.0485

    Address

  • Full Address: 55 Mine Hill Rd
  • Address - House Number: 55
  • Address - Street Name: Mine Hill
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Cornwall
  • Carrier Code: C002
  • 4-Digit Zip Code: 1807
  • Zip Code: 12518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,225,754
  • Tax Rate Code Area: 332401

    Appraisal Valuation

  • Standard Deviation: 0.2535
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 512,683
  • High Value: 642,690
  • Low Value: 382,677

    Market Valuation

  • Market Total Value: $484,500
  • Market Land Value: $162,192
  • Market Improvement Value: $322,308

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $326,800
  • Assessed Land Value: $109,400
  • Assessed Improvements Value: $217,400

    Sales

  • Current Sale Contract Date: Sep 05, 2008
  • Current Sale Recording Date: Sep 11, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 31, 1997
  • Previous Sale Contract Date: Oct 29, 1997
  • Previous Sale Amount: $195,500
  • 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 Orange

Stats & Trends

Median Asking:

$489,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

92

Average Home Size

2195 ft²

Average Home Age

60.6 years

Currently For Sale

1282 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 331 Angola Road, Cornwall, NY, 12518

$1,500 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
331 Angola Road #2, Cornwall, NY, 12518 Listing by Roxanne Hartman
Unit for rent at 541 Angola Road, Cornwall, NY, 12518

$2,500 /mo

  • 2 Beds
  • 1 Bath
  • 1,250 ft²
541 Angola Road #2, Cornwall, NY, 12518 Listing by Linda M Chevallier

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 55 Mine Hill Road built and last sold?
The property at 55 Mine Hill Road was built in 1989 and last sold on Sep 5, 2008 for $396,000.
How much is this home worth?
The estimated value of the home located at 55 Mine Hill Road is $402,350.
What are some comparable homes to 55 Mine Hill Road?
There are currently no comparable homes to 55 Mine Hill Road.
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