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Mahopac 10541
718 Hill Drive
Photo of 718 Hill Drive
Sold on Jun 17, 2026

20

Map

Photo of 718 Hill Drive
Photo of 718 Hill Drive
$400,000
● House - Off Market

718 Hill Drive

Carmel, NY 10541
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,240 Ft²
$3,077
Est. Monthly

About This Property

Step into this charming 2-bedroom, 1-bath home where comfort meets convenience. The cozy living room features a classic fireplace and opens to a sun-filled room showcasing serene lake views. The spacious patio and large yard invite outdoor dining, gardening, and relaxation. Ample storage and a versatile basement provide the potential for additional living space and adds exceptional functionality. Enjoy the ease of strolling to nearby shops, restaurants, and community favorites. Perfect for a year-round retreat or a relaxing weekend getaway! Don't miss this great opportunity!
Unit Size
1,240 Ft²
Days on Market
103 days
Land Size
0.18 acres
Price per sqft
$343
Property Type
House
Property Taxes
$989
HOA Dues
-
Year Built
1956

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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 #KEY967063)

Price History

Date / Event Date Event Price
Jun 17, 2026 Sold
Premium
Sold
Apr 23, 2026 In contract -
In contract
Mar 28, 2026 In contract -
In contract
Feb 26, 2026 Listed by Coldwell Banker Realty $425,000
Listed by Coldwell Banker Realty
Oct 12, 2017 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,240
  • Building Area: 1,240
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,240
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000183
  • 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: 011202

Zoning

  • Zoning: R

Geography

  • Account Number: 004150
  • District: 372000
  • Section: 75.51
  • Parcel: 372000 75.51-1-20
  • Block: 1
  • Lot: 20.000
  • Municipality: CARMEL
  • Latitude: 41.3699
  • Longitude: -73.7421

    Address

  • Full Address: 718 Hill Dr
  • Address - House Number: 718
  • Address - Street Name: Hill
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Mahopac
  • Carrier Code: R002
  • 4-Digit Zip Code: 2720
  • Zip Code: 10541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,134,343
  • Tax Rate Code Area: 372001

    Appraisal Valuation

  • Standard Deviation: 0.1649
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 79
  • Final Value: 446,152
  • High Value: 519,740
  • Low Value: 372,564

    Market Valuation

  • Market Total Value: $364,300
  • Market Land Value: $51,000
  • Market Improvement Value: $313,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $364,300
  • Assessed Land Value: $51,000
  • Assessed Improvements Value: $313,300

    Sales

  • Current Sale Contract Date: Sep 20, 2017
  • Current Sale Recording Date: Oct 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1502677
  • Previous Sale Recording Date: Jul 13, 1999
  • Previous Sale Contract Date: Jun 22, 1999
  • Previous Sale Amount: $150,000
  • 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 Mahopac

Stats & Trends

Median Asking:

$672,000

Sale Price/ft²

$325

Below Asking

0.01%

Average Days on Market

87

Average Home Size

2097 ft²

Average Home Age

72.5 years

Currently For Sale

13 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 16 W Lake Boulevard, Mahopac, NY, 10541

$8,150 /mo

  • 4 Beds
  • 2 Baths
  • 2,814 ft²
16 W Lake Boulevard, Mahopac, NY, 10541 Listing by Louis J. Albano
Unit for rent at 18 Kirk Lake Drive, Mahopac, NY, 10541

$9,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,800 ft²
18 Kirk Lake Drive, Mahopac, NY, 10541 Listing by Shpresa Camaj
Unit for rent at 112 W Lake Boulevard, Mahopac, NY, 10541

$4,000 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
112 W Lake Boulevard, Mahopac, NY, 10541 Listing by Gregory M. Kardos

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 718 Hill Drive built and last sold?
The property at 718 Hill Drive was built in 1956 and last sold on Sep 20, 2017 for $282,750.
How much is this home worth?
The estimated value of the home located at 718 Hill Drive is $424,856.
What are some comparable homes to 718 Hill Drive?
There are currently no comparable homes to 718 Hill Drive.
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