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Putnam 10541
85 Walnut Drive
$391,500
● House - Off Market

85 Walnut Drive

Carmel, NY 10541
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,156 Ft²
$559,425
RealtyHop Estimate
40.21%
Since Jul 1, 2020
National-US
Primary Model

About This Property

2/15/2020 A/O You may want to start 2020 right here! Character and Charm could only best describe this  three bedroom one and half bath Tudor sited on .71 acres private rear level yard with circular drive.  Roof 2010.  Convenient to local restaurants, shopping, fitness clubs, golf courses both private and public, walking and biking trails, lakes and reservoirs and recreational parks.  Easy Taconic commute. 30 minutes to White Plains, 1 hour to Manhattan. Additional Information: HeatingFuel:Oil Below Ground,ParkingFeatures:1 Car Attached,
Unit Size
2,156 Ft²
Days on Market
-
Land Size
0.71 acres
Price per sqft
$185
Property Type
House
Property Taxes
$1,004
HOA Dues
-
Year Built
1950

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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 #KEYH5122485)

Price History

Date / Event Date Event Price
Nov 27, 2019 Listed by Houlihan Lawrence Inc. $399,000
Listed by Houlihan Lawrence Inc.
Jun 9, 2006 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 392
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,928
  • Lot Size Depth Feet: 2,390
  • Lot Size Frontage Feet: 200
  • Total Building Area: 2,156
  • Building Area: 2,156
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,156
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000710
  • 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: 011201

Zoning

  • Zoning: R

Geography

  • Account Number: 030200
  • District: 372000
  • Section: 74.11
  • Parcel: 372000 74.11-1-5
  • Block: 1
  • Lot: 5.000
  • Municipality: CARMEL
  • Latitude: 41.3693
  • Longitude: -73.7911

    Address

  • Full Address: 85 Walnut Dr
  • Address - House Number: 85
  • Address - Street Name: Walnut
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Mahopac
  • Carrier Code: R015
  • 4-Digit Zip Code: 1265
  • Zip Code: 10541

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,321,440
  • Tax Rate Code Area: 372001

    Appraisal Valuation

  • Standard Deviation: 0.21
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 71
  • Final Value: 544,320
  • High Value: 658,632
  • Low Value: 430,008

    Market Valuation

  • Market Total Value: $483,400
  • Market Land Value: $90,700
  • Market Improvement Value: $392,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $483,400
  • Assessed Land Value: $90,700
  • Assessed Improvements Value: $392,700

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jun 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 4991-2020
  • Previous Sale Recording Date: Jun 09, 2006
  • Previous Sale Contract Date: May 23, 2006
  • Previous Sale Amount: $437,000
  • Previous Sale Document Type: 12
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

Unit for rent at 198 Myrtle Avenue, Carmel, NY, 10512

$3,200 /mo

  • 2 Beds
  • 1 Bath
  • 1,180 ft²
198 Myrtle Avenue, Carmel, NY, 10512 Listing by Lawrence P. Zacks
Unit for rent at 174 Myrtle Avenue, Mahopac, NY, 10541

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
174 Myrtle Avenue #D, Mahopac, NY, 10541 Listing by Patricia A. Wagner

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 85 Walnut Drive built and last sold?
The property at 85 Walnut Drive was built in 1950 and last sold on Jun 26, 2020 for $391,500.
How much is this home worth?
The estimated value of the home located at 85 Walnut Drive is $416,244.
What are some comparable homes to 85 Walnut Drive?
There are currently no comparable homes to 85 Walnut Drive.
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