$525,000
●
House -
Off Market
68 Fair Street
Carmel, NY 10512
4 Beds
2 Baths
2,292 Ft²
$507,494
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model
About This Property
Close to town yet an oasis of its own, this picturesque colonial
farmhouse with post & beam two story barn, built in the 1880's, is
located on a bucolic acre of land with stone walls, peonies, and
tons of privacy. The property backs up to the Fred Dill Wildlife
Sanctuary with 163 acres of hiking trails that also connects you to
the rail trails. The covered front porch is shaded by mature trees
adding to privacy. Recent updates include a newer furnace hot water
heater and AC. Large eat-in kitchen has a cozy wood burning
fireplace, granite counters & a walk-in pantry. Ten foot ceilings
on the first floor, Large bedrooms with ample closet space and wide
plank flooring throughout, makes this a true antique treasure. The
formal dining room has sliders to the deck. There is a den/office,
and a walkup attic that is finished temperature-controlled storage
space. Town water and sewer. Fair Street is considering a project
to create sidewalks and a bike path adding value to the entire
location. Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
2,292 Ft²
Days on Market
75 days
Land Size
1.00 acres
Price per sqft
$212
Property Type
House
Property Taxes
$1,087
HOA Dues
-
Year Built
1880
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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 #KEYH6202962)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 26, 2022 | Sold | ||
| Sold | |||
| Sep 8, 2022 | In contract | - | |
| In contract | |||
| Aug 12, 2022 | Listed by Julia B Fee Sothebys Int. Rlty | $485,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
| | |||
|
Close to town yet an oasis of its own, this picturesque colonial farmhouse with post & beam two story barn, built in the 1880's, is located on a bucolic acre of land with stone walls, peonies, and tons of privacy. The property backs up to the Fred Dill Wildlife Sanctuary with 163 acres of hiking trails that also connects you to the rail trails. The covered front porch is shaded by mature trees adding to privacy. Recent updates include a newer furnace hot water heater and AC. Large eat-in kitchen has a cozy wood burning fireplace, granite counters & a walk-in pantry. Ten foot ceilings on the first floor, Large bedrooms with ample closet space and wide plank flooring throughout, makes this a true antique treasure. The formal dining room has sliders to the deck. There is a den/office, and a walkup attic that is finished temperature-controlled storage space. Town water and sewer. Fair Street is considering a project to create sidewalks and a bike path adding value to the entire location.
| |||
| Jul 19, 2022 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 13, 2022 | Price Decreased |
$525,000
↓ $35K
(6.3%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Carmel Hamlet
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Last Updated: 5 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017