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Putnam 12563
608 Covington Green Lane
$185,000
● Townhouse - Off Market

608 Covington Green Lane

Patterson, NY 12563
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,755 Ft²
$278,285
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Great unit in FHA-approved development. Updated kitchen and bath. Hardwood floors in LR and DR. 2 bdrms, 2.5 baths; each bedroom has its own full bath. Updated windows. Full finished lower level. Taxes shown do not include STAR rebate of $1,273. Move in condition and priced to sell! Additional Information:  Amenities:Storage,
Unit Size
1,755 Ft²
Days on Market
-
Land Size
0.01 acres
Price per sqft
$108
Property Type
Townhouse
Property Taxes
$651
HOA Dues
$375
Year Built
1988

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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: 5 months ago (OneKey MLS #KEYH5002716)

Price History

Date / Event Date Event Price
Nov 14, 2019 Sold
Premium
Sold
Oct 2, 2019 Sold
Premium
Sold
Jul 24, 2019 Listed by Century 21 VJF Realty $189,999
Listed by Century 21 VJF Realty
Aug 8, 2011 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 585
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 585
  • Lot Size Depth Feet: 390
  • Lot Size Frontage Feet: 150
  • Total Building Area: 1,170
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 2
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000013
  • Standard Land Use Code: 1002
  • County Land Use Code: 210

Neighborhood

  • School District Name: Carmel Central School District
  • School Tax School District: CARMEL
  • Census Tract: 010202

Zoning

  • Zoning: R4

Geography

  • District: 372400
  • Section: 3.20
  • Parcel: 372400 3.20-2-28.-608
  • Block: 2
  • Lot: 28.000
  • Municipality: PATTERSON
  • Latitude: 41.5128
  • Longitude: -73.6099

    Address

  • Full Address: 608 Covington Green Ln
  • Address - House Number: 608
  • Address - Street Name: Covington Green
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Patterson
  • Carrier Code: R005
  • 4-Digit Zip Code: 2417
  • Zip Code: 12563

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $802,312
  • Tax Rate Code Area: 372002

    Appraisal Valuation

  • Standard Deviation: 0.2091
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 71
  • Final Value: 318,711
  • High Value: 385,358
  • Low Value: 252,064

    Market Valuation

  • Market Total Value: $247,800
  • Market Land Value: $4,900
  • Market Improvement Value: $242,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $247,800
  • Assessed Land Value: $4,900
  • Assessed Improvements Value: $242,900

    Sales

  • Current Sale Contract Date: Oct 02, 2019
  • Current Sale Recording Date: Nov 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 15316-2019
  • Previous Sale Recording Date: Aug 08, 2011
  • Previous Sale Contract Date: Jul 26, 2011
  • Previous Sale Amount: $135,000
  • 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 Putnam

Stats & Trends

Median Asking:

$579,950

Sale Price/ft²

$315

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2392 ft²

Average Home Age

60.1 years

Currently For Sale

284 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 90 Cushman, Patterson, NY, 12563

$8,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,286 ft²
90 Cushman, Patterson, NY, 12563 Listing by Eileen Mc Grath

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 608 Covington Green Lane built and last sold?
The property at 608 Covington Green Lane was built in 1988 and last sold on Oct 2, 2019 for $185,000.
How much is this home worth?
The estimated value of the home located at 608 Covington Green Lane is $338,177.
What are some comparable homes to 608 Covington Green Lane?
There are currently no comparable homes to 608 Covington Green Lane.
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