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Putnam 10516
60 Old Albany Post Road
$475,000
● House - Off Market

60 Old Albany Post Road

Philipstown, NY 10516
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,824 Ft²
$842,432
RealtyHop Estimate
68.82%
Since Oct 1, 2016
National-US
Primary Model

About This Property

A rare find for the right owner! Originally, this 1780s farmhouse was built as an Inn & Tavern serving those travelling along the Albany Post Road Stage Coach route between Albany and New York. What history within these walls, and with over 2800 square feet of space to call home, the possibilities are endless. Three fireplaces, wide board flooring, beamed ceilings and original woodwork throughout the home add to the charm. They don't make them like this anymore! Large patio overlooking the pond make for a perfect space to entertain and the detached barn boasts an artist studio above, it is currently used as a 2 car garage as well. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Detached,
Unit Size
2,824 Ft²
Days on Market
-
Land Size
8.72 acres
Price per sqft
$177
Property Type
House
Property Taxes
$1,190
HOA Dues
-
Year Built
1780

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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: 4 months ago (OneKey MLS #KEYH4515842)

Price History

Date / Event Date Event Price
Sep 13, 2016 Sold
Premium
Sold
May 12, 2015 Listed by Robert A. McCaffrey Realty Inc $499,000
Listed by Robert A. McCaffrey Realty Inc
May 21, 2013 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1780
  • Effective Year Built: 1780
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 379,843
  • Lot Size Frontage Feet: 9,100
  • Total Building Area: 2,824
  • Building Area: 2,824
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,824
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000008720
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LAND & RES

Neighborhood

  • School District Name: Haldane Central School District
  • School Tax School District: HALDANE
  • Census Tract: 010600

Zoning

  • Zoning: I

Geography

  • Account Number: 051150
  • District: 372689
  • Section: 17.00
  • Parcel: 372689 17.-1-72.1
  • Block: 1
  • Lot: 72.001
  • Municipality: PHILIPSTOWN (TOV)
  • Latitude: 41.4879
  • Longitude: -73.9084

    Address

  • Full Address: 60 Old Albany Post Rd N
  • Address - House Number: 60
  • Street Segment Direction: N
  • Address - Street Name: Old Albany Post
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Cold Spring
  • Carrier Code: R086
  • 4-Digit Zip Code: 4206
  • Zip Code: 10516

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,708,363
  • Tax Rate Code Area: 372601

    Appraisal Valuation

  • Standard Deviation: 0.1724
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 77
  • Final Value: 750,742
  • High Value: 880,188
  • Low Value: 621,295

    Market Valuation

  • Market Total Value: $664,395
  • Market Land Value: $236,584
  • Market Improvement Value: $427,811

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $234,000
  • Assessed Land Value: $83,325
  • Assessed Improvements Value: $150,675

    Sales

  • Current Sale Contract Date: Sep 01, 2016
  • Current Sale Recording Date: Sep 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 1502357
  • Previous Sale Recording Date: May 21, 2013
  • Previous Sale Contract Date: Apr 26, 2013
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: 12
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:

$579,000

Sale Price/ft²

$317

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2444 ft²

Average Home Age

57.5 years

Currently For Sale

276 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 11 Locust Drive, Cold Spring, NY, 10516

$3,995 /mo

  • 1 Bed
  • 1 Bath
  • 748 ft²
11 Locust Drive, Cold Spring, NY, 10516 Listing by Alissa Kronovet
Unit for rent at 4 Petticoat Lane, Beacon, NY, 12508

$3,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,208 ft²
4 Petticoat Lane, Beacon, NY, 12508 Listing by Lisa R Kelly

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 60 Old Albany Post Road North built and last sold?
The property at 60 Old Albany Post Road North was built in 1780 and last sold on Sep 1, 2016 for $475,000.
How much is this home worth?
The estimated value of the home located at 60 Old Albany Post Road North is $522,943.
What are some comparable homes to 60 Old Albany Post Road North?
There are currently no comparable homes to 60 Old Albany Post Road North.
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