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Sullivan
8 Pine Ayre Drive
$260,000
● House - Off Market

8 Pine Ayre Drive

Lumberland, NY 12732
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,139 Ft²
$380,357
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

SPRAWLING RANCH ON 3.99 PRIVATE ACRES! Country life at its best! Home features 3beds, 2.5 baths, 2 car garage, and full unfinished basement. Spacious living room boasts of ample natural light, hardwood floors, and fabulous pellet stove. Stunning eat-in-kitchen creates WOW factor with large island, double oven, solid oak cabinets, and large walk-in pantry. Formal dining room and deck off the kitchen is perfect for entertaining! Beautiful master en-suite with his and her closets. Landscape is private, quiet, and well maintained. What more could you ask for! Be sure to check out virtual tour! Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
Unit Size
2,139 Ft²
Days on Market
-
Land Size
3.99 acres
Price per sqft
$125
Property Type
House
Property Taxes
$435
HOA Dues
-
Year Built
1988

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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 #KEYH5093877)

Price History

Date / Event Date Event Price
Apr 9, 2020 Sold
Premium
Sold
Oct 7, 2019 Listed by Century 21 Geba Realty $267,500
Listed by Century 21 Geba Realty
Sep 22, 2019 No longer available -
No longer available
Aug 4, 2019 Price Decreased $269,000
↓ $6K (2.2%)
Price Decreased
Jul 19, 2019 Price Decreased $275,000
↓ $4K (1.4%)
Price Decreased
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: 11
  • 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: 1
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 173,804
  • Lot Size Frontage Feet: 5,810
  • Total Building Area: 2,139
  • Building Area: 2,139
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,139
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003990
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Eldred Central School District
  • School Tax School District: ELDRED
  • Census Tract: 952500

Zoning

  • Zoning: HD

Geography

  • District: 483800
  • Section: 16
  • Parcel: 483800 16.-1-35.2
  • Block: 1
  • Lot: 35.002
  • Municipality: LUMBERLAND
  • Latitude: 41.4927
  • Longitude: -74.8666

    Address

  • Full Address: 8 Pine Ayre Dr
  • Address - House Number: 8
  • Address - Street Name: Pine Ayre
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Eldred
  • Carrier Code: H001
  • 4-Digit Zip Code: 5401
  • Zip Code: 12732

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 483401

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 339,914
  • High Value: 395,886
  • Low Value: 283,941

    Market Valuation

  • Market Total Value: $265,600
  • Market Land Value: $76,101
  • Market Improvement Value: $189,499

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,600
  • Assessed Land Value: $50,600
  • Assessed Improvements Value: $126,000

    Sales

  • Current Sale Contract Date: Apr 03, 2020
  • Current Sale Recording Date: Apr 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020-2821
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 Sullivan

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$237

Below Asking

0.03%

Average Days on Market

103

Average Home Size

1964 ft²

Average Home Age

61.1 years

Currently For Sale

608 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

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OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 8 Pine Ayre Drive built and last sold?
The property at 8 Pine Ayre Drive was built in 1988 and last sold on Apr 3, 2020 for $260,000.
How much is this home worth?
The estimated value of the home located at 8 Pine Ayre Drive is $284,152.
What are some comparable homes to 8 Pine Ayre Drive?
There are currently no comparable homes to 8 Pine Ayre Drive.
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