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Putnam Lake 12563
80 Gates Drive
$340,000
● House - Off Market

80 Gates Drive

Patterson, NY 12563
bedrooms
2 Beds
bathrooms
2 Baths
square feet
990 Ft²
$360,669
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Turn Key Ready!  Welcome to 80 Gates Rd, located in the Putnam Lake Community in Brewster!  This newly renovated home offers 2 Bedrooms and 2 Full Bathrooms, open concept gathering rooms with a lovely stone fireplace.  The backyard is level and private and is in close proximity to the lake and the park! Additional Information: ParkingFeatures:1 Car Detached,
Unit Size
990 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$354
Property Type
House
Property Taxes
$611
HOA Dues
-
Year Built
1931

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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 (OneKey MLS #KEYH6222453)

Price History

Date / Event Date Event Price
Mar 8, 2023 Sold
Premium
Sold
Jan 14, 2023 In contract -
In contract
Dec 1, 2022 Listed by Keller Williams Realty Partner $350,000
Listed by Keller Williams Realty Partner
Aug 9, 1991 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1931
  • Effective Year Built: 2022
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 187
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 850
  • Total Building Area: 990
  • Building Area: 990
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 990
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Brewster Central School District
  • School Tax School District: BREWSTER
  • Census Tract: 010100

Zoning

  • Zoning: RPL10

Geography

  • District: 372400
  • Section: 25.63
  • Parcel: 372400 25.63-2-39
  • Block: 2
  • Lot: 39.000
  • Municipality: PATTERSON
  • Latitude: 41.4712
  • Longitude: -73.5438

    Address

  • Full Address: 80 Gates Dr
  • Address - House Number: 80
  • Address - Street Name: Gates
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Patterson
  • Carrier Code: R001
  • 4-Digit Zip Code: 1313
  • Zip Code: 12563

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $747,043
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 373001

    Appraisal Valuation

  • Standard Deviation: 0.2005
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 319,313
  • High Value: 383,354
  • Low Value: 255,272

    Market Valuation

  • Market Total Value: $305,000
  • Market Land Value: $33,700
  • Market Improvement Value: $271,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $305,000
  • Assessed Land Value: $33,700
  • Assessed Improvements Value: $271,300

    Sales

  • Current Sale Contract Date: Mar 08, 2023
  • Current Sale Recording Date: Mar 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 1731
  • Previous Sale Recording Date: Aug 09, 1991
  • Previous Sale Contract Date: Jul 09, 1991
  • Previous Sale Amount: $65,000
  • 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 Putnam Lake

Stats & Trends

Median Asking:

$427,500

Sale Price/ft²

$332

Below Asking

0.02%

Average Days on Market

86

Average Home Size

1639 ft²

Average Home Age

66.5 years

Currently For Sale

13 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 80 Gates Drive built and last sold?
The property at 80 Gates Drive was built in 1931 and last sold on Mar 8, 2023 for $340,000.
How much is this home worth?
The estimated value of the home located at 80 Gates Drive is $352,076.
What are some comparable homes to 80 Gates Drive?
There are currently no comparable homes to 80 Gates Drive.
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