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Putnam 10541
8 Crescent Road
$273,000
● House - Off Market

8 Crescent Road

Carmel, NY 10541
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,260 Ft²
$1,969
Est. Monthly
22.88%
Cap Rate

About This Property

Raised ranch home featuring 3 bedrooms, 1 bath, a cozy living room with a fireplace, dining area, and kitchen. Enjoy additional space with the enclosed porch. The property includes a 2-car garage and is in need of some repairs, presenting a chance to make it your own with a little TLC.  Sold as-is. Buyer to pay NYS and any local transfer taxes. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. **Please see agent remarks for access, showing instructions and offer presentation remarks.** Additional Information: HeatingFuel:Oil Below Ground,ParkingFeatures:2 Car Attached,
Unit Size
1,260 Ft²
Days on Market
79 days
Land Size
0.35 acres
Price per sqft
$186
Property Type
House
Property Taxes
$815
HOA Dues
-
Year Built
1954

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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: 4 months ago (OneKey MLS #KEYH6331634)

Price History

Date / Event Date Event Price
Dec 26, 2024 Sold
Premium
Sold
Nov 2, 2024 In contract -
In contract
Oct 8, 2024 Listed by River Realty Services, Inc. $234,900
Listed by River Realty Services, Inc.
Nov 17, 2023 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,290
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 1,390
  • Total Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,260
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000351
  • 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: 075140
  • District: 372000
  • Section: 63.16
  • Parcel: 372000 63.16-1-15
  • Block: 1
  • Lot: 15.000
  • Municipality: CARMEL
  • Latitude: 41.3868
  • Longitude: -73.7894

    Address

  • Full Address: 8 Crescent Rd
  • Address - House Number: 8
  • Address - Street Name: Crescent
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Mahopac
  • Carrier Code: R001
  • 4-Digit Zip Code: 1045
  • Zip Code: 10541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $934,519
  • Initial Tax Delinquent Year: 2024
  • Tax Rate Code Area: 372001

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 428,871
  • High Value: 503,735
  • Low Value: 354,008

    Market Valuation

  • Market Total Value: $337,000
  • Market Land Value: $87,500
  • Market Improvement Value: $249,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $337,000
  • Assessed Land Value: $87,500
  • Assessed Improvements Value: $249,500

    Sales

  • Current Sale Contract Date: Oct 30, 2023
  • Current Sale Recording Date: Nov 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 59
  • Current Sale Input Document Number: 6614
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:

$579,000

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

85

Average Home Size

2444 ft²

Average Home Age

57.5 years

Currently For Sale

276 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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OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 8 Crescent Road built and last sold?
The property at 8 Crescent Road was built in 1954 and last sold on Oct 30, 2023 for $419,001.
How much is this home worth?
The estimated value of the home located at 8 Crescent Road is $245,170.
What are some comparable homes to 8 Crescent Road?
There are currently no comparable homes to 8 Crescent Road.
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