$551,500
●
House -
Off Market
61 Mountain View Terrace
Montgomery, NY 12586
3 Beds
2 Baths
1,680 Ft²
$3,224
Est. Monthly
About This Property
Beautiful Ranch home that has been lovingly maintained with mature
trees & plantings, is now available for the first time in 50 years.
Featuring 3 spacious bedrooms, 2 full baths, 2 car attached garage
with epoxy floors & workshop area. This home offers an
abundance of space with walk-up attic & full finished walk-out
basement offering an additional 526 sq ft perfect for gatherings
with fabulous storage. Fall in love with the 20'x40' heated
salt water inground pool, providing a breathtaking view & setting
for outdoor relaxation & entertainment. Hardwood floors throughout
the main level, complemented by a brick wood-burning fireplace,
creates a warm & inviting atmosphere. The maintenance-free
exterior has vinyl siding, a composite deck & porch, with vinyl
handrails, ensuring longevity & ease of care. The roof comes with a
50-year transferable warranty. Conveniently located in Valley
Central School district, close to NYS Thruway & I-84, with great
shopping, dining and entertainment offering both privacy &
accessibility. Additional Information: Amenities:Stall
Shower,Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car
Attached,
Unit Size
1,680 Ft²
Days on Market
-
Land Size
1.60 acres
Price per sqft
$295
Property Type
House
Property Taxes
$793
HOA Dues
-
Year Built
1957
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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 #KEYH6297395)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| Jun 22, 2024 | In contract | - | |
| In contract | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| May 30, 2024 | Listed by Howard Hanna Rand Realty | $495,000 | |
| Listed by Howard Hanna Rand Realty | |||
| | |||
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Beautiful Ranch home that has been lovingly maintained with mature trees & plantings, is now available for the first time in 50 years. Featuring 3 spacious bedrooms, 2 full baths, 2 car attached garage with epoxy floors & workshop area. This home offers an abundance of space with walk-up attic & full finished walk-out basement offering an additional 526 sq ft perfect for gatherings with fabulous storage. Fall in love with the 20'x40' heated salt water inground pool, providing a breathtaking view & setting for outdoor relaxation & entertainment. Hardwood floors throughout the main level, complemented by a brick wood-burning fireplace, creates a warm & inviting atmosphere. The maintenance-free exterior has vinyl siding, a composite deck & porch, with vinyl handrails, ensuring longevity & ease of care. The roof comes with a 50-year transferable warranty. Conveniently located in Valley Central School district, close to NYS Thruway & I-84, with great shopping, dining and entertainment offering both privacy & accessibility.
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Property Highlights
Garage
Parking Available
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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