$380,000
●
Condo -
Off Market
9 Forge Gate Drive #E1
Philipstown, NY 10516
2 Beds
1 Bath
$2,795
Est. Monthly
$496
HOA / Fees
5.28%
Cap Rate
About This Property
Beautifully updated one-level condo in the sought-after Forge Gate
complex, nestled in the heart of Cold Spring. This move-in-ready
unit boasts recent updates, including a refreshed bath and wood
flooring in the kitchen, living and dining rooms. The balcony off
the dining room offers a rare and very private setting a
delightful retreat for enjoying your morning coffee or unwinding
after a long day. Convenience is key, with the Cold Spring
train station just a short stroll away, making commuting a breeze.
Plus, you're within walking distance of the Hudson River waterfront
and Historic Main Street, where you can explore a charming
selection of boutique shops, restaurants, and local cafes.
Unit Size
-
Days on Market
48 days
Land Size
0.01 acres
Price per sqft
-
Property Type
Condo
Property Taxes
$433
HOA Dues
$496
Year Built
1890
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 3 years ago (OneKey MLS #ONEH6325413)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2024 | Sold | ||
| Sold | |||
| Sep 9, 2024 | In contract | - | |
| In contract | |||
| Aug 29, 2024 | Listed by Houlihan Lawrence Inc. | $379,900 | |
| Listed by Houlihan Lawrence Inc. | |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Assigned, Off Street
Interior Details
Full Bathrooms: 1
Interior Features: Private Laundry, First Floor Bedroom, Entrance Foyer, Walk-In Closet(s)
Appliances: Dishwasher, Dryer, Oven, Refrigerator, Washer
Flooring Type: Hardwood
Rooms: 5
Basement: Common
Exterior Details
Square Footage : 987
Architectual Style: See Remarks
Property Type: Residential
Property Sub Type: Condominium
Year Built: 1977
Levels: One
Building Area Units: Square Feet
Pool Features: In Ground
Lot Features: Near Public Transit
Lot Size Acres: 0.01
Lot Size Square Feet: 436
Water Source: Public
Financial Details
Tax Annual Amount: $5,194
Utilities Details
Cooling: Yes
Cooling: Wall Unit(s)
Heating: Oil, Baseboard
Sewer : Sewer
Location Details
Directions: Main St to Lunn Terrace. Left at Forge Gate entrance. 1st building on the left is the E builiding. Unit E1.
County or Parish: Putnam
Other Details
Association Fee Includes: Heat, Hot Water
Association Fee: $496
Association Fee Freq: Monthly
On Market Date: 2024-08-29
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/29/2024
|
2 Bed
|
1 Bath
|
-
|
$379,900
2 Bed
1 Bath
|
$380,000
+0.03%
10/16/2024
|
Kathyrine Tomann
Houlihan Lawrence Inc.
| |
|
04/29/2013
|
2 Bed
|
1 Bath
|
910 ft²
|
$199,000
2 Bed
1 Bath
910 ft²
|
$193,000
-3.02%
11/14/2013
|
Linda K. Hoffmann
Houlihan Lawrence Inc.
|
Building Info
About Cold Spring
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Last Updated: 3 years ago
Data Source: OneKey MLS
Data Source: OneKey MLS
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017