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Walden 12586
56 Walnut Street
Photo of 56 Walnut Street

14

Map

Photo of 56 Walnut Street
Photo of 56 Walnut Street
$135,000
● Land - In Contract

56 Walnut Street

Montgomery, NY 12586
bedrooms
Studio
bathrooms
0 Bath
$880
Est. Monthly

About This Property

Vacant multi family lot with plans. Located in the center of the village of Walden with municipal services. Bring your builders to construct your own investment opportunity or your own personal residence with a brand new rental! Existing foundation from old structure that had burned down.
Unit Size
-
Days on Market
-
Land Size
0.14 acres
Price per sqft
-
Property Type
Land
Property Taxes
$216
HOA Dues
-
Year Built
1920

Listed By

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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: 2 days ago (OneKey MLS #KEY1063503)

Price History

Date / Event Date Event Price
Nov 10, 2026 In contract -
In contract
Oct 16, 2026 Listed by Curasi Realty, Inc. $135,000
Listed by Curasi Realty, Inc.
May 25, 2016 Sold
Premium
Sold
Nov 23, 1994 Sold
Premium
Sold

Property Highlights

Exterior Details
Building Area Units: Square Feet
Lot Size Area: 6250
Lot Size Units: Square Feet
Lot Size Acres: 0.1435
Lot Size Square Feet: 6250
Tax Lot: 30
Water Source: Public
Financial Details
Tax Assessed Value: $18,600
Tax Annual Amount: $2,597
Utilities Details
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,250
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,968
  • Gross Building Area: 1,968
  • Building Area: 1,968
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,968
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • Standard Land Use Code: 1102
  • County Land Use Code: 230

Neighborhood

  • School District Name: Valley Central School District (Montgomery)
  • School Tax School District: VALLEY-MONTGOME
  • Census Tract: 010702

Zoning

  • Zoning: R5

Geography

  • District: 334205
  • Section: 309.00
  • Parcel: 334205 309-18-30
  • Block: 18
  • Lot: 30.000
  • Municipality: MONTGOMERY
  • Latitude: 41.5585
  • Longitude: -74.1896

    Address

  • Full Address: 56 Walnut St
  • Address - House Number: 56
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: NY
  • City Name: Walden
  • Carrier Code: C003
  • 4-Digit Zip Code: 1940
  • Zip Code: 12586

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $852,882
  • Tax Rate Code Area: 334201

    Appraisal Valuation

  • Standard Deviation: 0.2405
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 298,267
  • High Value: 370,030
  • Low Value: 226,505

    Market Valuation

  • Market Total Value: $263,600
  • Market Land Value: $44,052
  • Market Improvement Value: $219,548

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,700
  • Assessed Land Value: $18,500
  • Assessed Improvements Value: $92,200

    Sales

  • Current Sale Contract Date: May 20, 2016
  • Current Sale Recording Date: May 25, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Previous Sale Recording Date: Nov 23, 1994
  • Previous Sale Contract Date: Nov 17, 1994
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: 51
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 Walden

Stats & Trends

Median Asking:

$378,000

Sale Price/ft²

$232

Below Asking

0.02%

Average Days on Market

99

Average Home Size

1915 ft²

Average Home Age

100.1 years

Currently For Sale

15 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 17 Bank Street, Walden, NY, 12586

$3,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,654 ft²
17 Bank Street, Walden, NY, 12586 Listing by Steven Esposito
Unit for rent at 1 Orange Avenue, Walden, NY, 12586

$1,100 /mo

  • 1 Bed
  • 1 Bath
  • 500 ft²
1 Orange Avenue #1, Walden, NY, 12586 Listing by Karenrose M Barahona
Unit for rent at 38 E Main Street, Walden, NY, 12586

$1,575 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
38 E Main Street #1, Walden, NY, 12586 Listing by George K Koudounas

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 days ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 56 Walnut Street built and last sold?
The property at 56 Walnut Street was built in 1920 and last sold on May 20, 2016 for $153,000.
How much is this home worth?
The estimated value of the home located at 56 Walnut Street is $136,350.
What are some comparable homes to 56 Walnut Street?
There are currently no comparable homes to 56 Walnut Street.
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