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    155 Pierce Circle, New Hampton, NY 10958

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    For Sale
    $599,900

    MULTI_FAMILY - Cape Cod, Ranch - New Hampton, NY

    Type:Single Family Residence
    Lot size:
    2.30 Acres
    Added:
    Apr 3, 2026
    Days on Market:
    45
    Last Refresh:
    May 17 at 10:06 am

    Property Features for 155 Pierce Circle

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Bedrooms
    6
    Bathrooms
    2
    Rooms
    Bedroom 5, Bedroom 2, Basement, Bedroom 6, Bedroom 4, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1
    Parking features
    Driveway
    Interior features
    First Floor Bedroom, Original Details, Pantry, Washer/Dryer Hookup
    Basement
    Crawl Space
    Standard status
    Active
    APN
    335600-021-000-0001-047.000-0000
    Lot size
    2.30 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7055

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Oil, Forced Air, Baseboard
    Water source
    Public

    Building Details

    Year built
    1929
    Number of units
    2
    Flooring type
    Hardwood
    Building materials
    Frame
    Architectural style
    Ranch, Cape Cod

    We can help!

    Listing Contact
    Nicholas Cuomo

    Listing agent Nicholas Cuomo License #10401279744

    Listing office Keller Williams Realty 69 Brookside Ave. Ste 225, Chester, NY

    Listing date Apr 3, 2026

    MLS# 980551 Listing URL

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two Homes on One Parcel: Main Cape home and separate cottage with full amenities, ideal for extended family or rental income.
    • Updated Main Home: Newer roof, furnace, and water softener provide peace of mind.
    • Cottage with Separate Utilities: Newer furnace and in‑unit laundry offer independent living and easy rental management.
    • Ample Parking and Storage: Multiple carports, garage spaces, a barn, and expansive driveway parking.
    • Flexible Zoning: Located in Wawayanda's AB zoning district, allowing for residential, agricultural, and accessory uses.
    • Convenient Location: Peaceful rural setting near Route 17, shopping, dining, Soons Orchards, and approximately 90 minutes to NYC.

    Overview

    Located in a scenic rural setting, this property at 155 Pierce Circle features two homes on one parcel. The main Cape Cod style home includes an eat-in kitchen equipped with newer stainless steel appliances, a spacious living area, and hardwood floors throughout. It also features a main level primary bedroom, a full bath, and washer/dryer hookup, with three additional bedrooms located upstairs. Recent updates to the main house include a newer roof, furnace, and water softener. The separate cottage offers three bedrooms, one bath, a full kitchen, a living area, and in-unit laundry. The cottage also has its own newer furnace. The property includes multiple carports, garage spaces, a barn, and ample driveway parking for both units. Expansive open yard space provides picturesque agricultural views. Located within the Town of Wawayanda's AB zoning district, the property allows for a variety of permitted uses including residential, agricultural, and certain accessory uses. The property is conveniently located near Route 17, shopping, dining, and local favorites like Soons Orchards, and is approximately 90 minutes to NYC.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Big Box & Wholesale Store Auto Repair Shop Department Store Food Market Grocery & Convenience Store Garden Center Discount Store Bakery Butcher

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    New Hampton
    County
    Orange
    State
    New York
    Longitude
    -74.4402013
    Latitude
    41.3609297

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    FAQs

    What type of property is this?
    Duplex - Two homes on one parcel in a rural setting.
    Where is this duplex located?
    The property is located at 155 Pierce Circle New Hampton, NY.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: Two Homes on One Parcel: Main Cape home and separate cottage with full amenities, ideal for extended family or rental income.; Updated Main Home: Newer roof, furnace, and water softener provide peace of mind.; Cottage with Separate Utilities: Newer furnace and in‑unit laundry offer independent living and easy rental management.
    (845) 928-8000
    We can help!
    Listing Contact
    Nicholas Cuomo
    Real Estate License ID: 10401279744
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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