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Pearl River 10965
68 Forest Avenue
$480,000
● House - Off Market

68 Forest Avenue

Orangetown, NY 10965
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,440 Ft²
$686,928
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

Located in the heart of Pearl River, this artisan home is above and beyond. The updated kitchen features cherrywood cabinets crafted in a modern style with Silestone counters. A hallway pantry adds a ton of kitchen storage and additional serving space. The sizable dining room opens to both the beautiful deck, and to the side: glass french doors open to a sizable sunroom with so many possible uses. Enjoy the french garden style of the backyard from the gazebo or your spacious deck. Other updates include 200 amp electric, new siding, Andersen and Marvin windows, furnace, and roof all within 10 years. The huge basement has high ceilings and walks out to the yard making it ready for finish. Close to town and the train station to NYC. Pearl River Schools.
Unit Size
1,440 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$326
Property Type
House
Property Taxes
$932
HOA Dues
-
Year Built
1933

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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: 6 months ago (OneKey MLS #KEYH5015881)

Price History

Date / Event Date Event Price
Oct 31, 2019 Sold
Premium
Sold
Aug 16, 2019 Listed by BHG Rand Realty $469,000
Listed by BHG Rand Realty
Oct 7, 2016 Sold
Premium
Sold
Jun 20, 2016 Listed by BHG Rand Realty $429,000
Listed by BHG Rand Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1933
  • Effective Year Built: 1933
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,440
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MINOR SUBDIVISION NEUBRAND
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 40/12/77/10.2

Neighborhood

  • School District Name: Pearl River Union Free School District
  • School Tax School District: PEARL RIVER
  • Census Tract: 012700

Zoning

  • Zoning: RG

Geography

  • Account Number: 0022217
  • District: 392489
  • Section: 68.12
  • Parcel: 392489 68.12-5-6
  • Block: 5
  • Lot: 6.000
  • Municipality: ORANGETOWN (TOV)
  • Latitude: 41.0652
  • Longitude: -74.0184

    Address

  • Full Address: 68 Forest Ave
  • Address - House Number: 68
  • Address - Street Name: Forest
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Pearl River
  • Carrier Code: C010
  • 4-Digit Zip Code: 1829
  • Zip Code: 10965

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,123,844
  • Tax Rate Code Area: 392408

    Appraisal Valuation

  • Standard Deviation: 0.2178
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 70
  • Final Value: 593,521
  • High Value: 722,805
  • Low Value: 464,237

    Market Valuation

  • Market Total Value: $470,951
  • Market Land Value: $114,791
  • Market Improvement Value: $356,160

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,800
  • Assessed Land Value: $40,900
  • Assessed Improvements Value: $126,900

    Sales

  • Current Sale Contract Date: Oct 31, 2019
  • Current Sale Recording Date: Nov 12, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2019-00032792
  • Previous Sale Recording Date: Oct 07, 2016
  • Previous Sale Contract Date: Sep 19, 2016
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: 12

    Financing

  • First Mortgage Financing Type: FIX
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 Pearl River

Stats & Trends

Median Asking:

$699,999

Sale Price/ft²

$400

Below Asking

0.01%

Average Days on Market

83

Average Home Size

2214 ft²

Average Home Age

58.5 years

Currently For Sale

33 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 Franklin Avenue, Pearl River, NY, 10965

$1,850 /mo

  • Studio
  • 1 Bath
  • 350 ft²
11 Franklin Avenue #4, Pearl River, NY, 10965 Listing by Jimmy T Joseph
Unit for rent at 21 E Central Avenue, Pearl River, NY, 10965

$2,300 /mo

  • 1 Bed
  • 1 Bath
21 E Central Avenue #302, Pearl River, NY, 10965 Listing by Margaret C Boyle
Unit for rent at 76 Church Street, Nanuet, NY, 10954

$1,600 /mo

  • 1 Bed
  • 1 Bath
  • 600 ft²
76 Church Street, Nanuet, NY, 10954 Listing by Valerie A Moldow

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 68 Forest Avenue built and last sold?
The property at 68 Forest Avenue was built in 1933 and last sold on Oct 31, 2019 for $480,000.
How much is this home worth?
The estimated value of the home located at 68 Forest Avenue is $476,850.
What are some comparable homes to 68 Forest Avenue?
There are currently no comparable homes to 68 Forest Avenue.
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