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Buchanan 10511
9 Lake Drive
$520,000
● House - Off Market

9 Lake Drive

Cortlandt, NY 10511
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,600 Ft²
$1,200,087
RealtyHop Estimate
114.68%
Since Aug 1, 2012
National-US
Primary Model

About This Property

Exceptional waterfront, contemporary colonial with cathedral ceilings, hardwood floors under carpeting up stairs and down, lots of windows for natural lighting, wonderful family room with fireplace and of course the soothing views of Lake Mehaugh from most windows. Although located in a cul de sac, this home is very private.  Trail to the lake. Easy NYC commute. Updated and ready to move in. Additional Information: ParkingFeatures:2 Car Attached,
Unit Size
2,600 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$215
Property Type
House
Property Taxes
$998
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: 4 months ago (OneKey MLS #KEYH3204013)

Price History

Date / Event Date Event Price
Aug 2, 2012 Sold
Premium
Sold
Feb 28, 2012 Listed by Coldwell Banker Residential Brokerage $559,000
Listed by Coldwell Banker Residential Brokerage
Sep 10, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage
With View
Fireplace

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: 19,166
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE MEAHAGH WOODS
  • Land Acres: 0000000440
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 21.01-031-020

Neighborhood

  • School District Name: Hendrick Hudson Central School District
  • School Tax School District: HENDRICK HUDSON
  • Census Tract: 014000

Geography

  • Account Number: 21.01-031-0
  • District: 552201
  • Section: 43.19
  • Parcel: 552201 43.19-1-14
  • Block: 1
  • Lot: 14.000
  • Municipality: BUCHANAN
  • Latitude: 41.2545
  • Longitude: -73.9468

    Address

  • Full Address: 9 Lake Dr
  • Address - House Number: 9
  • Address - Street Name: Lake
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Buchanan
  • Carrier Code: C002
  • 4-Digit Zip Code: 1130
  • Zip Code: 10511

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,537,927
  • Tax Rate Code Area: 552203

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 770,992
  • High Value: 931,353
  • Low Value: 610,631

    Market Valuation

  • Market Total Value: $545,302
  • Market Land Value: $36,913
  • Market Improvement Value: $508,389

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $8,125
  • Assessed Land Value: $550
  • Assessed Improvements Value: $7,575

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 18, 2012
  • Current Sale Recording Date: Aug 02, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 521923540
  • Previous Sale Recording Date: Sep 10, 2005
  • Previous Sale Contract Date: May 05, 2005
  • Previous Sale Amount: $700,000
  • 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 Buchanan

Stats & Trends

Median Asking:

$597,500

Sale Price/ft²

$372

Below Asking

0.02%

Average Days on Market

86

Average Home Size

2135 ft²

Average Home Age

54.2 years

Currently For Sale

6 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 7 Travis Avenue, Montrose, NY, 10548

$2,100 /mo

  • 1 Bed
  • 1 Bath
  • 800 ft²
7 Travis Avenue, Montrose, NY, 10548 Listing by Elizabeth Koski
Unit for rent at 423 Springvale Road, Croton-on-Hudson, NY, 10520

$4,400 /mo

  • 3 Beds
  • 1 Bath
  • 1,740 ft²
423 Springvale Road, Croton-on-Hudson, NY, 10520 Listing by Aurora Novakaj

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 9 Lake Drive built and last sold?
The property at 9 Lake Drive was built in and last sold on Jun 18, 2012 for $520,000.
How much is this home worth?
The estimated value of the home located at 9 Lake Drive is $575,420.
What are some comparable homes to 9 Lake Drive?
There are currently no comparable homes to 9 Lake Drive.
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