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Sullivan 12701
6 Willow Lane
$170,000
● House - Off Market

6 Willow Lane

Thompson, NY 12701
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,190 Ft²
$186,173
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

Melody Lake lovely ranch home-Bright and cheery 2 bedroom -1bath completely remodeled and accessed from main hallway. Lovely den with sliding doors to rear deck. Nice back yard fronting on a nice brook/stream. Bright remodeled eat in kitchen. Front deck-Municipal water and sewer. This is move in ready as a great starter or weekender home. Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
1,190 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$138
Property Type
House
Property Taxes
$421
HOA Dues
-
Year Built
1958

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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 #KEYH6082086)

Price History

Date / Event Date Event Price
Sep 30, 2021 Sold
Premium
Sold
May 7, 2021 In contract -
In contract
Feb 18, 2021 Price Decreased $164,000
↓ $5K (3%)
Price Decreased
Dec 2, 2020 Price Increased $169,000
↑ $5K (3.1%)
Price Increased
Nov 10, 2020 Listed by Rieber Realty Inc $164,000
Listed by Rieber Realty Inc
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • 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: 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: 9,825
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 655
  • Total Building Area: 1,190
  • Building Area: 1,190
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,190
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000225
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Monticello Central School District
  • School Tax School District: MONTICELLO
  • Census Tract: 951600

Zoning

  • Zoning: SR

Geography

  • District: 484689
  • Section: 62
  • Parcel: 484689 62.-1-7
  • Block: 1
  • Lot: 7.000
  • Municipality: THOMPSON (TOV)
  • Latitude: 41.5963
  • Longitude: -74.6694

    Address

  • Full Address: 6 Willow Ln
  • Address - House Number: 6
  • Address - Street Name: Willow
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Monticello
  • Carrier Code: R002
  • 4-Digit Zip Code: 4335
  • Zip Code: 12701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 484601

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 82,335
  • High Value: 95,892
  • Low Value: 68,777

    Market Valuation

  • Market Total Value: $163,600
  • Market Land Value: $28,200
  • Market Improvement Value: $135,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $81,800
  • Assessed Land Value: $14,100
  • Assessed Improvements Value: $67,700

    Sales

  • Current Sale Contract Date: Nov 01, 2016
  • Current Sale Recording Date: Nov 23, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Aug 09, 2001
  • Previous Sale Contract Date: Aug 07, 2001
  • Previous Sale Amount: $67,000
  • 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 Sullivan

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$236

Below Asking

0.03%

Average Days on Market

103

Average Home Size

1976 ft²

Average Home Age

60 years

Currently For Sale

644 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 271 Rose Valley Road, Monticello, NY, 12701

$2,200 /mo

  • 2 Beds
  • 1 Bath
  • 872 ft²
271 Rose Valley Road, Monticello, NY, 12701 Listing by Isaiah Lopez

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 6 Willow Lane built and last sold?
The property at 6 Willow Lane was built in 1958 and last sold on Nov 1, 2016 for $70,000.
How much is this home worth?
The estimated value of the home located at 6 Willow Lane is $171,172.
What are some comparable homes to 6 Willow Lane?
There are currently no comparable homes to 6 Willow Lane.
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