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Lake Carmel 10512
87 Montrose Drive
$300,000
● House - Off Market

87 Montrose Drive

Kent, NY 10512
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,178 Ft²
$439,334
RealtyHop Estimate
35.18%
Since Oct 1, 2020
National-US
Primary Model

About This Property

Newly renovated home from roof to basement! Kitchen outfitted with new granite countertops, country cabinets, and SS Whirlpool appliances. Sliding door opens to the spacious deck.  New stone walls add to the warm feel of the property.  New hardwood floors and recessed lighting, along with a 6-zone, ductless HVAC. New efficient electric h/w htr. Walk-out finished lower level includes a bedroom, large living area, a new full BA and a laundry room with W/D and sink.  This fresh and bright home has it all - new roof, siding, windows, doors, trim & crown molding, all of which enhance the beauty of this charming home.  Top floor bedroom has new W/W carpet & room for storage.  Savor the park-like setting of Lake Carmel with walking/biking trails and beaches.  Kayak, swim, sunbathe, or catch a fish from the shore or on a boat.  Recreation and relaxation are steps away from your front door!  Parking for 2+ cars, and mins. to I-84 and Southeast train station.
Unit Size
1,178 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$276
Property Type
House
Property Taxes
$525
HOA Dues
-
Year Built
1950

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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: 6 months ago (OneKey MLS #KEYH6037363)

Price History

Date / Event Date Event Price
Sep 11, 2020 Sold
Premium
Sold
Apr 30, 2020 Listed by Get Listed Realty LLC $325,000
Listed by Get Listed Realty LLC
May 30, 2018 Sold
Premium
Sold
Mar 31, 2018 Listed by Get Listed Realty LLC $95,000
Listed by Get Listed Realty LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2005
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 543
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 961
  • Building Area: 961
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 961
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIFTH MAP OF LAKE CARMEL
  • Land Acres: 0000000229
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Carmel Central School District
  • School Tax School District: CARMEL
  • Census Tract: 010300

Zoning

  • Zoning: R10

Geography

  • Account Number: 032000
  • District: 372200
  • Section: 22.83
  • Parcel: 372200 22.83-1-16
  • Block: 1
  • Lot: 16.000
  • Municipality: KENT
  • Latitude: 41.4663
  • Longitude: -73.656

    Address

  • Full Address: 87 Montrose Dr
  • Address - House Number: 87
  • Address - Street Name: Montrose
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Carmel
  • Carrier Code: R014
  • 4-Digit Zip Code: 6605
  • Zip Code: 10512

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,094,597
  • Tax Rate Code Area: 372002

    Appraisal Valuation

  • Standard Deviation: 0.1806
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 414,351
  • High Value: 489,193
  • Low Value: 339,509

    Market Valuation

  • Market Total Value: $356,105
  • Market Land Value: $21,512
  • Market Improvement Value: $334,593

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,000
  • Assessed Land Value: $14,800
  • Assessed Improvements Value: $230,200

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Sep 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 7244-2020
  • Previous Sale Recording Date: May 30, 2018
  • Previous Sale Contract Date: May 18, 2018
  • Previous Sale Amount: $95,000
  • 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 Lake Carmel

Stats & Trends

Median Asking:

$439,000

Sale Price/ft²

$335

Below Asking

0.01%

Average Days on Market

85

Average Home Size

1557 ft²

Average Home Age

68.6 years

Currently For Sale

27 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 315 Fox Run Lane, Carmel, NY, 10512

$2,000 /mo

  • 1 Bed
  • 1 Bath
  • 706 ft²
315 Fox Run Lane, Carmel, NY, 10512 Listing by Francesca Mulone
Unit for rent at 25 W Lakeshore Drive, Carmel, NY, 10512

$2,700 /mo

  • 2 Beds
  • 1 Bath
  • 860 ft²
25 W Lakeshore Drive #UPPERUNIT, Carmel, NY, 10512 Listing by Magdalena Pawlowska
Unit for rent at 201 Ludingtonville Road, Holmes, NY, 12531

$2,100 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
201 Ludingtonville Road #2A, Holmes, NY, 12531 Listing by Melanie A. Boucos

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 87 Montrose Drive built and last sold?
The property at 87 Montrose Drive was built in 1950 and last sold on Sep 4, 2020 for $300,000.
How much is this home worth?
The estimated value of the home located at 87 Montrose Drive is $319,681.
What are some comparable homes to 87 Montrose Drive?
There are currently no comparable homes to 87 Montrose Drive.
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