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Madison 13402
7667 Purdy Road
$333,600
● House - Off Market

7667 Purdy Road

Madison, NY 13402
bedrooms
3 Beds
bathrooms
2 Baths
square feet
3,008 Ft²
$318,419
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

3,000 sq ft includes finished, walk out lower level. Private, rural home site on 13 acres just four miles from Hamilton, NY. This gardener's dream showcases various specimens of shrubs and perennials surrounding the house. Large lawn and above ground pool area is surrounded by woods.  K/DR/LR concept w cathedral ceiling. Ranch home with 3 BR, 2 Bath: two bedrooms, full bath upstairs w third bedroom, bathroom, large-tiled recreation room guest BR or office below. Two bay detached garage includes a third, smaller bay for landscaping equipment. Seller requires pre-qualification letter or proof-of-funds prior to showing.
Unit Size
3,008 Ft²
Days on Market
251 days
Land Size
13.06 acres
Price per sqft
$103
Property Type
House
Property Taxes
$605
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 4 months ago (NYSAMLS #S1417281)

Price History

Date / Event Date Event Price
Mar 13, 2023 Sold
Premium
Sold
Jan 13, 2023 In contract -
In contract
Nov 14, 2022 Price Decreased $309,000
↓ $25K (7.4%)
Price Decreased
Oct 21, 2022 Price Decreased $333,600
↓ $6K (1.7%)
Price Decreased
Oct 3, 2022 Price Increased $339,500
↑ $31K (9.9%)
Price Increased
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,504
  • Garage Type: 4
  • Garage Square Area: 648
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 568,894
  • Total Building Area: 1,504
  • Building Area: 1,504
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,504
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000013060
  • Standard Land Use Code: 1008
  • County Land Use Code: 240

Neighborhood

  • School District Name: Madison Central School District
  • School Tax School District: MADISON
  • Census Tract: 031000

Geography

  • Account Number: 651.12
  • District: 254089
  • Section: 139.00
  • Parcel: 254089 139.-1-2
  • Block: 1
  • Lot: 2.000
  • Municipality: MADISON (TOV)
  • Latitude: 42.8639
  • Longitude: -75.4893

    Address

  • Full Address: 7667 Purdy Rd
  • Address - House Number: 7667
  • Address - Street Name: Purdy
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Madison
  • Carrier Code: R001
  • 4-Digit Zip Code: 9795
  • Zip Code: 13402

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $762,944
  • Tax Rate Code Area: 254001

    Appraisal Valuation

  • Standard Deviation: 0.2387
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 66
  • Final Value: 361,802
  • High Value: 448,216
  • Low Value: 275,389

    Market Valuation

  • Market Total Value: $286,441
  • Market Land Value: $32,203
  • Market Improvement Value: $254,238

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,000
  • Assessed Land Value: $19,000
  • Assessed Improvements Value: $150,000

    Sales

  • Current Sale Contract Date: Mar 02, 2023
  • Current Sale Recording Date: Mar 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1072
  • Previous Sale Recording Date: Jul 12, 2002
  • Previous Sale Contract Date: Jul 10, 2002
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 27
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 Madison

Stats & Trends

Median Asking:

$275,000

Sale Price/ft²

$168

Below Asking

0.02%

Average Days on Market

73

Average Home Size

2268 ft²

Average Home Age

80.4 years

Currently For Sale

210 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

Rentals Near You

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NYSAMLS

Last Updated: 4 months ago
Data Source: NYSAMLSs, MLS# S1417281

Frequently Asked Questions

When was property at 7667 Purdy Road built and last sold?
The property at 7667 Purdy Road was built in 1988 and last sold on Mar 2, 2023 for $334,000.
How much is this home worth?
The estimated value of the home located at 7667 Purdy Road is $329,054.
What are some comparable homes to 7667 Purdy Road?
There are currently no comparable homes to 7667 Purdy Road.
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