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Putnam 10516
8 Highland Road
$875,000
● House - Off Market

8 Highland Road

Philipstown, NY 10516
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,867 Ft²
$1,309,085
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Unique stone house in Historic Lake Valhalla, borders 1178 acres of Scenic Hudson land. The private community has access to the 40 acre  lake, swimming area and tennis court. Recently renovated high-end kitchen with integrated SubZero, Bosch appliances and Quartzite counter tops. Central AC and central vacuum. Living room with large stone working fireplace, wide plank old pine floors, blue stone patio along with a freestanding screened in summer dining pavilion add to the charm of this special home. Close to the village of Cold Spring but hiking trails outside your door. Whole house generator. Separate parcel included in the sale 16.19-1-2.1 Acreage and tax's above include both parcels Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
Unit Size
2,867 Ft²
Days on Market
-
Land Size
2.36 acres
Price per sqft
$312
Property Type
House
Property Taxes
$1,057
HOA Dues
$250
Year Built
1985

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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 #KEYH4913803)

Price History

Date / Event Date Event Price
Mar 28, 2019 Listed by Houlihan Lawrence Inc. $895,000
Listed by Houlihan Lawrence Inc.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 39,100
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 2,300
  • Total Building Area: 2,867
  • Building Area: 2,867
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,867
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000897
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LAND & RESIDENCE

Neighborhood

  • School District Name: Haldane Central School District
  • School Tax School District: HALDANE
  • Census Tract: 010600

Zoning

  • Zoning: R80

Geography

  • Account Number: 048160
  • District: 372689
  • Section: 16.00
  • Parcel: 372689 16.-1-22
  • Block: 1
  • Lot: 22.000
  • Municipality: PHILIPSTOWN (TOV)
  • Latitude: 41.47
  • Longitude: -73.9309

    Address

  • Full Address: 8 Highland Rd
  • Address - House Number: 8
  • Address - Street Name: Highland
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Cold Spring
  • Carrier Code: R085
  • 4-Digit Zip Code: 4125
  • Zip Code: 10516

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $365,064
  • Tax Rate Code Area: 372601

    Appraisal Valuation

  • Standard Deviation: 0.1745
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 802,633
  • High Value: 942,740
  • Low Value: 662,526

    Market Valuation

  • Market Total Value: $705,849
  • Market Land Value: $145,656
  • Market Improvement Value: $560,193

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $248,600
  • Assessed Land Value: $51,300
  • Assessed Improvements Value: $197,300

    Sales

  • Current Sale Contract Date: Dec 04, 2019
  • Current Sale Recording Date: Dec 10, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 16021-2019
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

$317

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

Unit for rent at 33 Howland Avenue, Beacon, NY, 12508

$7,900 /mo

  • 4 Beds
  • 3 Baths
  • 2,318 ft²
33 Howland Avenue, Beacon, NY, 12508 Listing by Liudmila Lobeeva
Unit for rent at 11 Locust Drive, Cold Spring, NY, 10516

$3,995 /mo

  • 1 Bed
  • 1 Bath
  • 748 ft²
11 Locust Drive, Cold Spring, NY, 10516 Listing by Alissa Kronovet

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 8 Highland Road built and last sold?
The property at 8 Highland Road was built in 1985 and last sold on Dec 4, 2019 for $875,000.
How much is this home worth?
The estimated value of the home located at 8 Highland Road is $903,758.
What are some comparable homes to 8 Highland Road?
There are currently no comparable homes to 8 Highland Road.
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