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Orange 10940
81 Meyer Road
$110,000
● Land - Off Market

81 Meyer Road

Wallkill, NY 10940
bedrooms
Studio
bathrooms
0 Bath
$135,053
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Bright, airy and private homesite with frontage on the Shawangunk Kill stream less than 90 minutes from the GWB! Two contiguous lots included in the sale provide you with the assurance that your privacy could not be encroached upon on either side of the stream. A long driveway guides you to an elevated open field that is flooded with sunlight all day long. A stones throw away, hear the babbling of the Shawangunk Kill infamous for its excellent fishing. A wooded area with tons of tree cover overlooking the stream provides a perfect enclave to be immersed by nature. Less than 30 minutes to Middletown, Resorts World Catskills and Woodbury Commons.
Unit Size
-
Days on Market
-
Land Size
6.45 acres
Price per sqft
-
Property Type
Land
Property Taxes
$214
HOA Dues
-
Year Built
-

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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 #KEYH6081766)

Price History

Date / Event Date Event Price
Jan 21, 2022 Sold
Premium
Sold
Oct 12, 2021 Sold
Premium
Sold
May 12, 2021 In contract -
In contract
Nov 9, 2020 Listed by Halter Associates Realty Inc $119,999
Listed by Halter Associates Realty Inc

Property Highlights

With View

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 152,460
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003500
  • Standard Land Use Code: 1015
  • County Land Use Code: 312

Neighborhood

  • School District Name: Minisink Valley Central School District
  • School Tax School District: MINISINK VALLEY
  • Census Tract: 015100

Zoning

  • Zoning: RA

Geography

  • District: 335200
  • Section: 13.00
  • Parcel: 335200 13-1-24.22
  • Block: 1
  • Lot: 24.220
  • Municipality: WALLKILL
  • Latitude: 41.5094
  • Longitude: -74.4737

    Address

  • Full Address: 81 Meyer Rd
  • Address - House Number: 81
  • Address - Street Name: Meyer
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Middletown
  • Zip Code: 10940

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $237,206
  • Tax Rate Code Area: 333801

    Appraisal Valuation

  • Standard Deviation: 0.1198
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 87
  • Final Value: 107,150
  • High Value: 119,989
  • Low Value: 94,311

    Market Valuation

  • Market Total Value: $100,000
  • Market Land Value: $65,517
  • Market Improvement Value: $34,483

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $14,500
  • Assessed Land Value: $9,500
  • Assessed Improvements Value: $5,000

    Sales

  • Current Sale Contract Date: Sep 21, 2021
  • Current Sale Recording Date: Jan 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20220005622
  • Previous Sale Recording Date: Jan 21, 2022
  • Previous Sale Contract Date: Oct 08, 2021
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: 26
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 Orange

Stats & Trends

Median Asking:

$488,444

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

93

Average Home Size

2151 ft²

Average Home Age

61 years

Currently For Sale

1242 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 57 Hubbard Road, Bloomingburg, NY, 12721

$3,300 /mo

  • 3 Beds
  • 1 Bath
  • 1,894 ft²
57 Hubbard Road, Bloomingburg, NY, 12721 Listing by Sandra M. Arnez
Unit for rent at 463 Mountain Road, Bloomingburg, NY, 12721

$2,400 /mo

  • 2 Beds
  • 1 Bath
  • 1,091 ft²
463 Mountain Road, Bloomingburg, NY, 12721 Listing by Yosef Flohr

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 81 Meyer Road built and last sold?
The property at 81 Meyer Road was built in and last sold on Sep 21, 2021 for $110,000.
How much is this home worth?
The estimated value of the home located at 81 Meyer Road is $121,199.
What are some comparable homes to 81 Meyer Road?
There are currently no comparable homes to 81 Meyer Road.
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