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Putnam 10541
78 Orchard Road
$228,000
● House - Off Market

78 Orchard Road

Carmel, NY 10541
bedrooms
2 Beds
bathrooms
1 Bath
square feet
828 Ft²
$342,546
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Better than new! Terrific condo alternative! Great opportunity to make this completely renovated corner lot charmer yours!! This beautifully updated cape features 2 Bedrooms and 1 Full Bathroom! Enter to the cozy living room with newly installed Hardwood Floors that carry into the fully Renovated Kitchen w/Cherry Cabinets with soft close doors & drawers, Granite Counters, and Stainless Steel Appliances. Nice Dining Area that leads out to the new deck. One bedroom and bathroom on first floor. Upstairs you'll find an open room with new Hardwood Floors with a closet and laundry hook-up. Paver patio and walkway being installed. Perfect for entertaining!! You do not want to miss this opportunity! Municipal water & sewer. Access to Lake. Easy Taconic Parkway Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
828 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$277
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
1950

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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 #KEYH4819956)

Price History

Date / Event Date Event Price
Mar 14, 2019 Sold
Premium
Sold
May 7, 2018 Listed by Houlihan Lawrence Inc. $229,000
Listed by Houlihan Lawrence Inc.
Oct 16, 2017 Sold
Premium
Sold
Jun 23, 2017 Listed by Houlihan Lawrence Inc. $99,000
Listed by Houlihan Lawrence Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 300
  • Total Building Area: 828
  • Building Area: 828
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 828
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF LAKE SECOR
  • Land Acres: 0000000080
  • 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: 011100

Zoning

  • Zoning: R

Geography

  • Account Number: 227600
  • District: 372000
  • Section: 74.34
  • Parcel: 372000 74.34-1-36
  • Block: 1
  • Lot: 36.000
  • Municipality: CARMEL
  • Latitude: 41.3748
  • Longitude: -73.7923

    Address

  • Full Address: 78 Orchard Rd
  • Address - House Number: 78
  • Address - Street Name: Orchard
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Mahopac
  • Carrier Code: C001
  • 4-Digit Zip Code: 1119
  • Zip Code: 10541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $930,856
  • Tax Rate Code Area: 372001

    Appraisal Valuation

  • Standard Deviation: 0.1939
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 361,304
  • High Value: 431,385
  • Low Value: 291,223

    Market Valuation

  • Market Total Value: $270,300
  • Market Land Value: $43,500
  • Market Improvement Value: $226,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $270,300
  • Assessed Land Value: $43,500
  • Assessed Improvements Value: $226,800

    Sales

  • Current Sale Contract Date: Mar 11, 2019
  • Current Sale Recording Date: Mar 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1500683
  • Previous Sale Recording Date: Oct 16, 2017
  • Previous Sale Contract Date: Sep 25, 2017
  • Previous Sale Amount: $99,900
  • 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:

$589,900

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

88

Average Home Size

2359 ft²

Average Home Age

59.7 years

Currently For Sale

258 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 198 Myrtle Avenue, Carmel, NY, 10512

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,180 ft²
198 Myrtle Avenue, Carmel, NY, 10512 Listing by Lawrence P. Zacks
Unit for rent at 174 Myrtle Avenue, Mahopac, NY, 10541

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
174 Myrtle Avenue #D, Mahopac, NY, 10541 Listing by Patricia A. Wagner

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 78 Orchard Road built and last sold?
The property at 78 Orchard Road was built in 1950 and last sold on Mar 11, 2019 for $228,000.
How much is this home worth?
The estimated value of the home located at 78 Orchard Road is $228,315.
What are some comparable homes to 78 Orchard Road?
There are currently no comparable homes to 78 Orchard Road.
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