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Putnam Lake 12563
7 Garland Road
$230,000
● House - Off Market

7 Garland Road

Patterson, NY 10509
bedrooms
1 Bed
bathrooms
2 Baths
square feet
1,347 Ft²
$263,594
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Located in a quiet neighborhood and just steps away from the captivating Putnam Lake this beautiful old style home has unmatched potential. With your vision and a TLC this home could be everything you have been looking for. Enjoy the large private bedroom upstairs with a bathroom. Office/Den with a spacious living room on the main level and Hardwood floors throughout the house. About 10 minutes to the high way and close to schools and shops!
Unit Size
1,347 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$185
Property Type
House
Property Taxes
$557
HOA Dues
-
Year Built
1934

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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 #KEYH6213947)

Price History

Date / Event Date Event Price
Jan 25, 2023 Sold
Premium
Sold
Nov 29, 2022 In contract -
In contract
Nov 2, 2022 Price Decreased $249,000
↓ $21K (7.7%)
Price Decreased
Oct 6, 2022 Listed by Keller Williams NY Realty $269,900
Listed by Keller Williams NY Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1934
  • Effective Year Built: 1934
  • Bedroom Count: 1
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 3
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,347
  • Building Area: 1,347
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,347
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Brewster Central School District
  • School Tax School District: BREWSTER
  • Census Tract: 010100

Zoning

  • Zoning: RPL10

Geography

  • Account Number: 047150
  • District: 372400
  • Section: 25.41
  • Parcel: 372400 25.41-1-33
  • Block: 1
  • Lot: 33.000
  • Municipality: PATTERSON
  • Latitude: 41.4792
  • Longitude: -73.5357

    Address

  • Full Address: 7 Garland Rd
  • Address - House Number: 7
  • Address - Street Name: Garland
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Brewster
  • Carrier Code: R003
  • 4-Digit Zip Code: 5623
  • Zip Code: 10509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $837,260
  • Tax Rate Code Area: 373001

    Appraisal Valuation

  • Standard Deviation: 0.2006
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 333,818
  • High Value: 400,801
  • Low Value: 266,834

    Market Valuation

  • Market Total Value: $255,000
  • Market Land Value: $36,000
  • Market Improvement Value: $219,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $255,000
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $219,000

    Sales

  • Current Sale Contract Date: Jan 25, 2023
  • Current Sale Recording Date: Feb 10, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 871
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 Putnam Lake

Stats & Trends

Median Asking:

$440,000

Sale Price/ft²

$332

Below Asking

0.02%

Average Days on Market

89

Average Home Size

1494 ft²

Average Home Age

71.3 years

Currently For Sale

14 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 5 Fawn Crest Drive, New Fairfield, CT, 06812

$5,500 /mo

  • 3 Beds
  • 3 Baths
  • 3,516 ft²
5 Fawn Crest Drive, New Fairfield, CT, 06812 Listing by Alyse Doyle

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 Garland Road built and last sold?
The property at 7 Garland Road was built in 1934 and last sold on Jan 25, 2023 for $230,000.
How much is this home worth?
The estimated value of the home located at 7 Garland Road is $250,377.
What are some comparable homes to 7 Garland Road?
There are currently no comparable homes to 7 Garland Road.
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