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Putnam 10509
9 Tea House Lane
$765,000
● House - Off Market

9 Tea House Lane

Southeast, NY 10509
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
5,496 Ft²
$1,129,221
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Stately 4 bedroom colonial, professionally landscaped with gated entry. Home boasts gourmet kitchen with granite countertops, Viking stove & butler's pantry. Family room w/fireplace and double doors leading out to deck. Relax in your master suite complete w/fireplace and spa-like luxurious bathroom and sitting room. Princess suite w/private bath, 2 additional bedrooms w/Jack & Jill bath. The finished basement offers an additional 2,414 sq ft for entertainment. Spacious rooms w/architectural details throughout. Private, yet close to everything. Unpack your bags  and move in! Additional Information: ParkingFeatures:3 Car Attached,
Unit Size
5,496 Ft²
Days on Market
-
Land Size
1.45 acres
Price per sqft
$145
Property Type
House
Property Taxes
$2,529
HOA Dues
-
Year Built
2005

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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 #KEYH4938321)

Price History

Date / Event Date Event Price
May 18, 2020 Sold
Premium
Sold
Nov 5, 2019 Price Decreased $799,000
↓ $100K (11.1%)
Price Decreased
Aug 12, 2019 Price Decreased $899,000
↓ $46K (4.9%)
Price Decreased
Jun 13, 2019 Price Increased $944,999
↑ $146K (18.3%)
Price Increased
May 20, 2019 Listed by Century 21 Alliance Realty Gro $799,000
Listed by Century 21 Alliance Realty Gro
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 1
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 250
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 2,414
  • Garage Type: 1
  • Garage Square Area: 864
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 63,162
  • Total Building Area: 5,496
  • Building Area: 5,496
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 5,496
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: AXEL DEVELOPMENT SUBDIVISION
  • Land Acres: 0000001450
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Brewster Central School District
  • School Tax School District: BREWSTER
  • Census Tract: 011700

Zoning

  • Zoning: R60

Geography

  • District: 373089
  • Section: 67.16
  • Parcel: 373089 67.16-1-32
  • Block: 1
  • Lot: 32.000
  • Municipality: SOUTHEAST (TOV)
  • Latitude: 41.3887
  • Longitude: -73.6121

    Address

  • Full Address: 9 Tea House Ln
  • Address - House Number: 9
  • Address - Street Name: Tea House
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Brewster
  • Carrier Code: R008
  • 4-Digit Zip Code: 3439
  • Zip Code: 10509

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,152,057
  • Tax Rate Code Area: 373001

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 1,009,303
  • High Value: 1,188,451
  • Low Value: 830,155

    Market Valuation

  • Market Total Value: $1,040,600
  • Market Land Value: $204,000
  • Market Improvement Value: $836,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,040,600
  • Assessed Land Value: $204,000
  • Assessed Improvements Value: $836,600

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: May 18, 2020
  • Current Sale Recording Date: May 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 4051-2020
  • Previous Sale Recording Date: Mar 01, 2010
  • Previous Sale Contract Date: Feb 02, 2010
  • Previous Sale Amount: $985,000
  • Previous Sale Document Type: 27
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:

$589,900

Sale Price/ft²

$316

Below Asking

0.01%

Average Days on Market

88

Average Home Size

2359 ft²

Average Home Age

59.7 years

Currently For Sale

258 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 32 Spruce Road, Brewster, NY, 10509

$5,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,980 ft²
32 Spruce Road, Brewster, NY, 10509 Listing by Theresa Falcaro
Unit for rent at 1308 Eagles Ridge Road, Brewster, NY, 10509

$4,000 /mo

  • 3 Beds
  • 3 Baths
  • 2,145 ft²
1308 Eagles Ridge Road, Brewster, NY, 10509 Listing by Theresa Falcaro

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 9 Tea House Lane built and last sold?
The property at 9 Tea House Lane was built in 2005 and last sold on May 18, 2020 for $765,000.
How much is this home worth?
The estimated value of the home located at 9 Tea House Lane is $849,155.
What are some comparable homes to 9 Tea House Lane?
There are currently no comparable homes to 9 Tea House Lane.
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