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Airmont 10901
7 Ackerman Avenue
$950,000
● House - Off Market

7 Ackerman Avenue

Ramapo, NY 10901
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,225 Ft²
$5,964
Est. Monthly
8.75%
Cap Rate

About This Property

WOW! MUST SEE THIS GORGEOUS, MOST UNIQUE HOME WITH OPEN FLOOR LAYOUT. WELCOME HOME. ENJOY COOKING IN THIS STATE OF THE ART GOURMET EAT-IN-KITCHEN WITH GRANITE COUNTERTOPS AND CUSTOM CABINETS. OVERSIZED DINING ROOM IDEAL FOR HOSTING WITH HIGH CEILINGS. SLIDERS WITH PERFECT DECK OFF DINING ROOM. A FEW STEPS UP LEAD TO A CHARMING FAMILY ROOM WITH CATHEDRAL CEILINGS WITH WOODEN BEAMS. 3 BEDROOMS WITH HARDWOOD FLOORS ON UPPER LEVEL. PRIMARY BATHROOM IS NEWER AND MODERN. LOWER LEVEL HAS A BEAUTIFUL FAMILY ROOM, BEDROOM AND BATHROOM. LOADS OF STORAGE. ALL THIS ON ONE IN A MILLION FLAT, STUNNING, PRIVATE PROPERTY. PARK-LIKE. WON'T LAST.
Unit Size
2,225 Ft²
Days on Market
50 days
Land Size
0.57 acres
Price per sqft
$400
Property Type
House
Property Taxes
$1,598
HOA Dues
-
Year Built
1965

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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: 5 months ago (OneKey MLS #KEY810087)

Price History

Date / Event Date Event Price
Apr 9, 2025 Sold
Premium
Sold
Mar 6, 2025 In contract -
In contract
Feb 18, 2025 Listed by Q Home Sales $889,000
Listed by Q Home Sales

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 6
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 623
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,829
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,250
  • Total Building Area: 2,225
  • Building Area: 2,225
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,225
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000570
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Ramapo Central School District (Suffern)
  • School Tax School District: SUFFERN
  • Census Tract: 011603

Geography

  • Account Number: 00481740000
  • District: 392621
  • Section: 55.19
  • Parcel: 392621 55.19-2-18
  • Block: 2
  • Lot: 18.000
  • Municipality: AIRMONT
  • Latitude: 41.1001
  • Longitude: -74.1119

    Address

  • Full Address: 7 Ackerman Ave
  • Address - House Number: 7
  • Address - Street Name: Ackerman
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Airmont
  • Carrier Code: C018
  • 4-Digit Zip Code: 7119
  • Zip Code: 10901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,550,094
  • Tax Rate Code Area: 392601

    Appraisal Valuation

  • Standard Deviation: 0.2123
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 782,990
  • High Value: 949,242
  • Low Value: 616,738

    Market Valuation

  • Market Total Value: $54,700
  • Market Land Value: $16,660
  • Market Improvement Value: $38,040

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $56,800
  • Assessed Land Value: $17,300
  • Assessed Improvements Value: $39,500

    Exemptions

  • Homeowner Exemption: Yes
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 Airmont

Stats & Trends

Median Asking:

$954,500

Sale Price/ft²

$417

Below Asking

0.01%

Average Days on Market

94

Average Home Size

2163 ft²

Average Home Age

58.4 years

Currently For Sale

27 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 136 Carlough Road, UPPER SADDLE RIVER, NJ, 07458

$8,650 /mo

  • 4 Beds
  • 3 Baths
  • 3,519 ft²
136 Carlough Road, UPPER SADDLE RIVER, NJ, 07458 Listing by Carol Ann Suddeath

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 7 Ackerman Avenue built and last sold?
The property at 7 Ackerman Avenue was built in 1965 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7 Ackerman Avenue is $898,312.
What are some comparable homes to 7 Ackerman Avenue?
There are currently no comparable homes to 7 Ackerman Avenue.
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