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Putnam 10512
555 Fair Street
$322,000
● House - Off Market

555 Fair Street

Patterson, NY 10512
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,248 Ft²
$532,906
RealtyHop Estimate
52.26%
Since Jun 1, 2018
National-US
Primary Model

About This Property

This beautiful Ranch style home and property offers a beautiful setting in Carmel, New York.  Originally built in 1954 this 1,600 square foot Ranch home is in mint condition and is located on .07 acres with three bedroom and two full bathrooms.. This lovely home has been completely renovated over the past few year and offers vinyl siding, oil heating, hardwood floors throughout, crown molding, fluted door and window moldings throughout, central air conditioning, fire alarm, new roof with lifetime shingles, new Pella windows and doors, new walkway and patios, new retaining steps into the basement, new curtain drain, new bathrooms, new Kitchen, freshly painted interior, septic is located in the front of the house, well is accessed on the deck, generator set up, 2016 HotSprings Grande Salt Water Hot Tub, oil burner is 4 years old. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Unit Size
1,248 Ft²
Days on Market
-
Land Size
0.70 acres
Price per sqft
$280
Property Type
House
Property Taxes
$608
HOA Dues
-
Year Built
1954

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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: 6 months ago (OneKey MLS #KEYH4750084)

Price History

Date / Event Date Event Price
Jun 11, 2018 Sold
Premium
Sold
Nov 21, 2017 Listed by Neumann Real Estate $349,999
Listed by Neumann Real Estate
May 8, 2002 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 2015
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 7
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 30,492
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,990
  • Total Building Area: 1,248
  • Building Area: 1,248
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,248
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000700
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Carmel Central School District
  • School Tax School District: CARMEL
  • Census Tract: 010201

Zoning

  • Zoning: R4

Geography

  • Account Number: 028650
  • District: 372400
  • Section: 33.00
  • Parcel: 372400 33.-2-4
  • Block: 2
  • Lot: 4.000
  • Municipality: PATTERSON
  • Latitude: 41.4549
  • Longitude: -73.6492

    Address

  • Full Address: 555 Fair St
  • Address - House Number: 555
  • Address - Street Name: Fair
  • Address - Suffix Type: St
  • State: NY
  • City Name: Carmel
  • Carrier Code: R013
  • 4-Digit Zip Code: 6151
  • Zip Code: 10512

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,241,855
  • Tax Rate Code Area: 372002

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 501,225
  • High Value: 586,462
  • Low Value: 415,988

    Market Valuation

  • Market Total Value: $418,300
  • Market Land Value: $70,600
  • Market Improvement Value: $347,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $418,300
  • Assessed Land Value: $70,600
  • Assessed Improvements Value: $347,700

    Sales

  • Current Sale Contract Date: May 21, 2018
  • Current Sale Recording Date: Jun 11, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1501503
  • Previous Sale Recording Date: May 08, 2002
  • Previous Sale Contract Date: Feb 15, 2002
  • Previous Sale Amount: $79,500
  • Previous Sale Document Type: 40
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:

$589,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2368 ft²

Average Home Age

59.2 years

Currently For Sale

263 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 189 Fair Street, Carmel, NY, 10512

$2,495 /mo

  • 2 Beds
  • 1 Bath
  • 660 ft²
189 Fair Street #4D, Carmel, NY, 10512 Listing by Gary Margolis
Unit for rent at 702 Fox Run Lane, Carmel, NY, 10512

$1,800 /mo

  • Studio
  • 1 Bath
  • 500 ft²
702 Fox Run Lane #1, Carmel, NY, 10512 Listing by Andre Aivazians
Unit for rent at 1034 Route 52, Carmel, NY, 10512

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,150 ft²
1034 Route 52, Carmel, NY, 10512 Listing by Brittany N. Pisco

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 555 Fair Street built and last sold?
The property at 555 Fair Street was built in 1954 and last sold on May 21, 2018 for $322,000.
How much is this home worth?
The estimated value of the home located at 555 Fair Street is $353,688.
What are some comparable homes to 555 Fair Street?
There are currently no comparable homes to 555 Fair Street.
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