433 Route 52, Carmel, NY 10512

Studio1 bath4,938 sqft

For Sale
$750,000
Zestimate®: $575,328
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My Notes

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First offering! Fantastic investment opportunity. Lake Carmel Medical Plaza. Doctor's office building fully available plus four apartments currently being used for residential that could be office space again. This is an undervalued opportunity to expand your portfolio. The current income easily supports the debt with the opportunity for expansion by finishing off the previously used Nutritionist's office space on the first floor with reception room, administrator's office, Doctor's office and four examination rooms with sinks also front and rear entrance. Close to shopping and highways on main road with lots of daily traffic but also private in rear.

Facts

  • Lot: 0.53 acres
  • Multi Family
  • Built in 1962
  • 92 days on Zillow
  • Views: 1,715 all time views
  • 2 shoppers saved this home
  • Cooling: None
  • Price/sqft: $152
  • MLS #: 4507767

Additional Features

  • Amenities \ Close to Shops, Property Type \ Multi-Family 5+, Status \ Active, Village \ None, Amenities \ Close to School, Air Conditioning \ Window Units, Amenities \ Close to Park, Attic Description \ None, Heating Fuel \ Electric, Siding Description \ Vinyl, Garbage \ Private, Post Office \ Carmel, Basement Description \ Full, Heating Type \ Base Board, Water Description \ Drilled Well, Parking \ Lot Parking, Hotwater \ Fuel Oil Stand Alone, Lot Description \ Level, Sq Ft Source \ Municipality, Parking \ Private Parking, Tax Source \ Municipality, Tax Year \ 2014, Tax Amount \ 18825

Appliances Included

  • Range / Oven
  • Refrigerator

Construction

  • Exterior material: Vinyl
  • Roof type: Other
  • Room count: 3
  • Stories: 1
  • Structure type: Cape cod
  • Unit count: 5

Other

  • Floor size: 4,938 sqft
  • Zillow Home ID: 2112132592

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$575,328
+$81,530 Last 30 days
$529K
$616K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$2,804/mo
+$1,210 Last 30 days
$1.5K
$4.4K
Zestimate range
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Comparable Homes

Homes like this sold for $320-615K.

$280K
$660K

Popularity on Zillow

210 views since listing
1,715 all-time (chart)
2 shoppers saved
this home to their list of favorites

Mortgages

Neighborhood

Market guide

Zillow predicts 10512 home values will fall 1.1% next year, compared to a 2% decrease for Lake Carmel as a whole. Among 10512 homes, this home is 205% more expensive than the midpoint (median) home, but is priced 13.7% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 10512, the number of foreclosures waiting to be sold is 34.1% lower than in Lake Carmel, and 42.9% lower than the national average. This lower local number could help 10512 home values rise more quickly than other regions in Lake Carmel.

Learn more about forecast calculations or 10512 home values.
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    Nearby Schools in Lake Carmel

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org