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Putnam
71 Old Highland Turnpike
$525,000
● House - Off Market

71 Old Highland Turnpike

Philipstown, NY 10524
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,338 Ft²
$550,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Garrison home on beautiful 1.65 sunny acres is a wonderful opportunity to create your dream home.  Great location minutes to Metro North trains, Garrison School and shops.  Home is in rough condition but with great bones and ready for a quick upgrade.  First time on market.

Come take a look. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Unit Size
2,338 Ft²
Days on Market
-
Land Size
1.65 acres
Price per sqft
$235
Property Type
House
Property Taxes
$811
HOA Dues
-
Year Built
1977

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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 #KEYH6266930)

Price History

Date / Event Date Event Price
Nov 14, 2023 Sold
Premium
Sold
Oct 10, 2023 In contract -
In contract
Sep 22, 2023 Relisted $410,000
Relisted
Sep 22, 2023 No longer available -
No longer available
Sep 8, 2023 Sold
Premium
Sold
Show More

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 832
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,874
  • Lot Size Frontage Feet: 2,750
  • Total Building Area: 2,338
  • Building Area: 2,338
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,338
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001650
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LAND & RESIDENCE

Neighborhood

  • School District Name: Garrison Union Free School District
  • School Tax School District: GARRISON
  • Census Tract: 010800

Zoning

  • Zoning: B2

Geography

  • Account Number: 092000
  • District: 372689
  • Section: 82.00
  • Parcel: 372689 82.-2-14.1
  • Block: 2
  • Lot: 14.001
  • Municipality: PHILIPSTOWN (TOV)
  • Latitude: 41.3488
  • Longitude: -73.9246

    Address

  • Full Address: 71 Old Highland Tpke
  • Address - House Number: 71
  • Address - Street Name: Old Highland
  • Address - Suffix Type: Tpke
  • State: NY
  • City Name: Garrison
  • Carrier Code: R001
  • 4-Digit Zip Code: 3400
  • Zip Code: 10524

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $972,825
  • Tax Rate Code Area: 372604

    Appraisal Valuation

  • Standard Deviation: 0.1663
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 78
  • Final Value: 679,931
  • High Value: 793,025
  • Low Value: 566,837

    Market Valuation

  • Market Total Value: $692,220
  • Market Land Value: $195,627
  • Market Improvement Value: $496,593

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $243,800
  • Assessed Land Value: $68,900
  • Assessed Improvements Value: $174,900

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 14, 2023
  • Current Sale Recording Date: Dec 04, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 6920
  • Previous Sale Recording Date: Sep 08, 2023
  • Previous Sale Contract Date: Aug 16, 2023
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: 12
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

Stats & Trends

Median Asking:

$585,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2346 ft²

Average Home Age

60.3 years

Currently For Sale

279 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 103 Old Highland Turnpike, Garrison, NY, 10524

$5,500 /mo

  • 3 Beds
  • 3 Baths
  • 2,408 ft²
103 Old Highland Turnpike, Garrison, NY, 10524 Listing by Mishara Canino

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 71 Old Highland Turnpike built and last sold?
The property at 71 Old Highland Turnpike was built in 1977 and last sold on Nov 14, 2023 for $525,000.
How much is this home worth?
The estimated value of the home located at 71 Old Highland Turnpike is $553,811.
What are some comparable homes to 71 Old Highland Turnpike?
There are currently no comparable homes to 71 Old Highland Turnpike.
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