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Putnam 10541
71 Shear Hill Road
$230,000
● House - Off Market

71 Shear Hill Road

Carmel, NY 10541
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,156 Ft²
$418,927
RealtyHop Estimate
77.59%
Since Aug 1, 2015
National-US
Primary Model

About This Property

Charming Ranch home featuring 3 Bedrooms, 1 Bath on beautiful level .84 park like property.Plenty of room to kick that soccer ball in

this large level field.Walking distance to Fulmar Rd Elementary School and Lake Casse. Vacation all year on the lake swimming,boating,

fishing and in the winter ice skating. Very large two car garage Great for Car Enthusiant Taxes without Star Savings of $1,290 Close to shopping,Metro North,parkways A Must see Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Unit Size
1,156 Ft²
Days on Market
-
Land Size
0.85 acres
Price per sqft
$204
Property Type
House
Property Taxes
$795
HOA Dues
-
Year Built
1958

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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 #KEYH4502086)

Price History

Date / Event Date Event Price
Aug 19, 2015 Sold
Premium
Sold
Jan 16, 2015 Listed by Houlihan Lawrence Inc. $235,900
Listed by Houlihan Lawrence Inc.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 36,155
  • Lot Size Depth Feet: 3,580
  • Lot Size Frontage Feet: 1,030
  • Total Building Area: 1,156
  • Building Area: 1,156
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,156
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000830
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Mahopac Central School District
  • School Tax School District: MAHOPAC
  • Census Tract: 011600

Zoning

  • Zoning: R

Geography

  • Account Number: 047950
  • District: 372000
  • Section: 65.19
  • Parcel: 372000 65.19-1-22
  • Block: 1
  • Lot: 22.000
  • Municipality: CARMEL
  • Latitude: 41.3825
  • Longitude: -73.7101

    Address

  • Full Address: 71 Shear Hill Rd
  • Address - House Number: 71
  • Address - Street Name: Shear Hill
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Mahopac
  • Carrier Code: R014
  • 4-Digit Zip Code: 4520
  • Zip Code: 10541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,115,929
  • Tax Rate Code Area: 372001

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 440,668
  • High Value: 519,486
  • Low Value: 361,850

    Market Valuation

  • Market Total Value: $394,500
  • Market Land Value: $78,300
  • Market Improvement Value: $316,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $394,500
  • Assessed Land Value: $78,300
  • Assessed Improvements Value: $316,200

    Sales

  • Current Sale Contract Date: Aug 19, 2015
  • Current Sale Recording Date: Aug 19, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1501895
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:

$589,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

89

Average Home Size

2364 ft²

Average Home Age

59.4 years

Currently For Sale

263 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 30 Garden Road, Mahopac, NY, 10541

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 2,464 ft²
30 Garden Road, Mahopac, NY, 10541 Listing by Faustina S. Boateng III
Unit for rent at 914 S Lake Boulevard, Mahopac, NY, 10541

$2,799 /mo

  • 2 Beds
  • 1 Bath
  • 950 ft²
914 S Lake Boulevard #B2, Mahopac, NY, 10541 Listing by Magdalena Pawlowska

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 71 Shear Hill Road built and last sold?
The property at 71 Shear Hill Road was built in 1958 and last sold on Aug 19, 2015 for $230,000.
How much is this home worth?
The estimated value of the home located at 71 Shear Hill Road is $244,280.
What are some comparable homes to 71 Shear Hill Road?
There are currently no comparable homes to 71 Shear Hill Road.
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