$380,000
●
Condo -
Off Market
9 Forge Gate Drive #E1
Philipstown, NY 10516
2 Beds
1 Bath
987 Ft²
$2,795
Est. Monthly
$496
HOA / Fees
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. Additional Information: HeatingFuel:Oil Above Ground,
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. Additional Information: HeatingFuel:Oil Above Ground,
Unit Size
987 Ft²
Days on Market
-
Land Size
0.01 acres
Price per sqft
$385
Property Type
Condo
Property Taxes
$433
HOA Dues
$496
Year Built
1890
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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: 5 months ago (OneKey MLS #KEYH6325413)
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. | |||
| | |||
|
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.
| |||
Property Highlights
Parking Available
Parking Details
Parking Features: Assigned, Off Street
Interior Details
Full Bathrooms: 1
Interior Features: Entrance Foyer, Walk-In Closet(s), First Floor Bedroom
Appliances: Tankless Water Heater, Dishwasher, Dryer, Refrigerator, Washer
Flooring Type: Hardwood
Laundry Features: Inside
Rooms: 5
Basement: Common
Exterior Details
Has Property Attached
Square Footage: 987
Square Footage Source: $0
Year Built: 1977
Levels: One
Pool Features: In Ground
Pool is Private
Lot Features: Near Public Transit, Near School, Near Shops
Lot Size Area: 436
Lot Size Units: Square Feet
Lot Size Acres: 0.01
Lot Size Square Feet: 436
Water Source: Public
Financial Details
Tax Assessed Value: $80,750
Tax Annual Amount: $5,194
Utilities Details
Cooling Type: Wall/Window Unit(s)
Heating Type: Oil, Baseboard
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Heat, Hot Water
HOA Fee: $496
HOA Fee Frequency: Monthly
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
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Last Updated: 5 months ago
Data Source: OneKey MLS
Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017