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Delaware 13739
596 Magic Mountain Road
$177,500
● House - Off Market

596 Magic Mountain Road

Kortright, NY 13739
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,043 Ft²
$320,821
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Passionate About Privacy, Charm, Character & Coziness?  The Magic Mountain Catskill Cottage offers all of this and so much more. A Large Swimming Pond, Distant Mountain Views off the new 37' deck with over 9 Surveyed acres of open and wooded land to enjoy year around. Completely updated with Hardwood Floors, New SS Appliances, Counter, Backsplash, Roof, Windows, Deck, HW Heater, Pressure Tank, Washer/Dryer Combo all in '08-'09.  Master Bedroom Loft & office (guest area) are upstairs with 2 Bedrooms, Living Room (with Wood Burning Stove) Dining Area, Kitchen & Full Updated Bath on the main living level. High Natural Wood Ceilings, Large Windows & an Open Living Concept make this Cottage feel much larger. Be the lucky person to call this your home.
Unit Size
1,043 Ft²
Days on Market
112 days
Land Size
9.32 acres
Price per sqft
$181
Property Type
House
Property Taxes
$262
HOA Dues
-
Year Built
1986

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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 (NYSAMLS #OD104330)

Price History

Date / Event Date Event Price
Jun 27, 2016 Sold
Premium
Sold
Mar 4, 2016 Listed by Frank Lumia Real Estate Plus!, LLC $189,000
Listed by Frank Lumia Real Estate Plus!, LLC
Apr 11, 2008 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 405,979
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,008
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000009320
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: KORTRIGHT P LOT 9 UNITED KORTLAND INC

Neighborhood

  • School District Name: South Kortright Central School District
  • School Tax School District: SOUTH KORTRIGHT
  • Census Tract: 970200

Geography

  • Account Number: 07264098405
  • District: 124000
  • Section: 66.00
  • Parcel: 124000 66.-2-17
  • Block: 2
  • Lot: 17.000
  • Municipality: KORTRIGHT
  • Latitude: 42.3884
  • Longitude: -74.7983

    Address

  • Full Address: 596 Magic Mountain Rd
  • Address - House Number: 596
  • Address - Street Name: Magic Mountain
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Bloomville
  • Carrier Code: R001
  • 4-Digit Zip Code: 2168
  • Zip Code: 13739

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $356,977
  • Tax Rate Code Area: 125202

    Appraisal Valuation

  • Standard Deviation: 0.1369
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 208,621
  • High Value: 237,184
  • Low Value: 180,057

    Market Valuation

  • Market Total Value: $175,400
  • Market Land Value: $63,008
  • Market Improvement Value: $112,392

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,300
  • Assessed Land Value: $40,700
  • Assessed Improvements Value: $72,600

    Sales

  • Current Sale Contract Date: Jun 24, 2016
  • Current Sale Recording Date: Jun 27, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Apr 11, 2008
  • Previous Sale Contract Date: Apr 10, 2008
  • Previous Sale Amount: $150,000
  • 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 Delaware

Stats & Trends

Median Asking:

$292,500

Sale Price/ft²

$181

Below Asking

0.03%

Average Days on Market

101

Average Home Size

2159 ft²

Average Home Age

82.3 years

Currently For Sale

245 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

Rentals Near You

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NYSAMLS

Last Updated: 6 months ago
Data Source: NYSAMLSs, MLS# OD104330

Frequently Asked Questions

When was property at 596 Magic Mountain Road built and last sold?
The property at 596 Magic Mountain Road was built in 1986 and last sold on Jun 24, 2016 for $177,500.
How much is this home worth?
The estimated value of the home located at 596 Magic Mountain Road is $191,222.
What are some comparable homes to 596 Magic Mountain Road?
There are currently no comparable homes to 596 Magic Mountain Road.
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