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Sullivan 12701
7 Burnt Meadows Road
$190,000
● House - Off Market

7 Burnt Meadows Road

Thompson, NY 12701
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$323,080
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

WEEKEND GETAWAY OR YEAR ROUND LIVING-truly special place just 90 minutes to the GWB. Ideal family retreat. While the home is dated it was well-loved. It sits up high overlooking the water. It has a retro kitchen and bathrooms with three nice size bedrooms. It's located in a quiet neighborhood making it the perfect getaway spot. Come take a look this could be your- Happy Place!! Close to beautiful hiking trials, fishing, kayaking, Bethel Woods Art Center, Forestburgh Theater, Resorts World Casino, great restaurants and Kartrite Resort & Indoor Water-park. 30 minutes from the NJ Transit Train Station in Middleton. Additional Information: HeatingFuel:Oil Below Ground,ParkingFeatures:1 Car Attached,
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.63 acres
Price per sqft
$171
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
1962

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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 #KEYH5009647)

Price History

Date / Event Date Event Price
Sep 4, 2020 Sold
Premium
Sold
Jul 28, 2020 In contract -
In contract
Jun 23, 2020 Price Decreased $239,000
↓ $6K (2.5%)
Price Decreased
Jan 1, 2020 Price Increased $245,000
↑ $6K (2.5%)
Price Increased
Jul 31, 2019 Listed by Pennywise Properties $239,000
Listed by Pennywise Properties

Property Highlights

Garage
Parking Available
With View

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,443
  • Total Building Area: 1,584
  • Building Area: 1,584
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,584
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000630
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Monticello Central School District
  • School Tax School District: MONTICELLO
  • Census Tract: 951600

Zoning

  • Zoning: AR

Geography

  • District: 484689
  • Section: 58
  • Parcel: 484689 58.-3-2
  • Block: 3
  • Lot: 2.000
  • Municipality: THOMPSON (TOV)
  • Latitude: 41.6238
  • Longitude: -74.7707

    Address

  • Full Address: 7 Burnt Meadows Rd
  • Address - House Number: 7
  • Address - Street Name: Burnt Meadows
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Monticello
  • Carrier Code: R005
  • 4-Digit Zip Code: 4607
  • Zip Code: 12701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 484601

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 316,179
  • High Value: 368,242
  • Low Value: 264,115

    Market Valuation

  • Market Total Value: $270,200
  • Market Land Value: $54,600
  • Market Improvement Value: $215,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,100
  • Assessed Land Value: $27,300
  • Assessed Improvements Value: $107,800
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 Sullivan

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$237

Below Asking

0.03%

Average Days on Market

103

Average Home Size

1963 ft²

Average Home Age

60.7 years

Currently For Sale

607 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 Richards Avenue, Monticello, NY, 12701

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,428 ft²
11 Richards Avenue, Monticello, NY, 12701 Listing by Shaool Nehari
Unit for rent at 1 Rainbows End, Monticello, NY, 12701

$1,100 /mo

  • 1 Bed
  • 1 Bath
  • 1,128 ft²
1 Rainbows End, Monticello, NY, 12701 Listing by Avraham Halpert

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 7 Burnt Meadows Road built and last sold?
The property at 7 Burnt Meadows Road was built in 1962 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7 Burnt Meadows Road is $247,502.
What are some comparable homes to 7 Burnt Meadows Road?
There are currently no comparable homes to 7 Burnt Meadows Road.
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