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    14 Raymond Ave Poughkeepsie, NY 12603-2312
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    Property profile & analytics

    14 Raymond Ave, Poughkeepsie, NY 12603-2312

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    • Investment properties
    • 4,839 SF
    • 0.25 lot acres
    Off-Market
    Last Sale Jul 16, 2024
    $1,800,000
    Property ID
    US63-1731077
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • MD Imaging - Poughkeepsie / Medical Clinic
    • Mohammad Choudhry / Physician

    Property Details for 14 Raymond Ave

    Year built
    2003
    Lot size
    0.25 lot acres
    Zone code
    ATC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    134689 6161-08-796777-0000
    APU
    9223372036854775807

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 16, 2024 — Lhre Raymond Ave Poug LLC Hudson Pointe Prop LLC Warranty Deed $1.2M · Stearns Bank NA
    Oct 26, 2018 $740,000 Hudson Pointe Properties LLC Collegeview Properties LLC Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Poughkeepsie
    County
    Dutchess
    State
    New York
    Longitude
    -73.9011
    Latitude
    41.6949
    CBSA code
    39100
    CBSA name
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $19,634
    $214,300
    $451,700
    $666,000
    -
    $214,300
    $451,700
    $666,000

    Comparable in this City

    • Value Estimation
      $2,325,000
      15,900 SF

      60 Raymond Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      60 Raymond Ave, Poughkeepsie, NY 12603-2320
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    • Value Estimation by Request
      4,824 SF

      12 Fowler Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      12 Fowler Ave, Poughkeepsie, NY 12603-2403
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    • Value Estimation
      $1,025,000
      11,230 SF

      198 Hooker Ave, Unit 204

      OFFICE/RESIDENTIAL (MIXED USE)
      198 Hooker Ave, Poughkeepsie, NY 12603-3356
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    • Value Estimation by Request
      2,688 SF

      68 Van Wagner Rd

      OFFICE/RESIDENTIAL (MIXED USE)
      68 Van Wagner Rd, Poughkeepsie, NY 12603-1799
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    • Value Estimation by Request
      3,544 SF

      768 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      768 Main St, Poughkeepsie, NY 12603-1827
      View Details
    • Value Estimation
      $940,000
      7,680 SF

      739 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      739 Main St, Poughkeepsie, NY 12603-1880
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,960 SF

      Retail Property in Poughkeepsie

      Retail property for sale in Poughkeepsie, New York.
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    • $89,900
      0.27 Acres

      Buildable Lot in Poughkeepsie, NY

      Buildable lot near amenities and transportation in Poughkeepsie, NY.
      31 Durocher Ter, Poughkeepsie, NY 12603
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    • New
      $699,000
      0.11 Acres

      Three-Family Colonial Residence

      Renovated three-unit Colonial with separate utilities, coin laundry, and exterior security features in Poughkeepsie.
      8 Fox Ter, Poughkeepsie, NY 12603
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    • Contact for pricing

      Buildable Lot in Poughkeepsie

      1.51 acre lot approved for a four-bedroom home.
      174 Cedar Ave, Poughkeepsie, NY 12603
      View Details
    • $499,000
      2.00 Acres

      Prime Poughkeepsie Commercial Property

      Spacious Office Building, 2-Acre Lot
      160 Salt Point Tpke, Poughkeepsie, NY 12603
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    • $550,000

      Poughkeepsie Warehouse with Office Space

      Centrally located warehouse with office, workshop, and multiple bays.
      44 Manchester Rd, Poughkeepsie, NY 12603
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    Similar Nearby for Lease

    • $11,492 /Mo

      Adaptable Commercial Space in Poughkeepsie

      Flexible 4,925 SF suite suitable for diverse commercial uses.
      25 Van Wagner Rd, Poughkeepsie, NY 12603
      View Details
    • $8,000 /Mo

      Arlington District Commercial Space

      Fully customizable commercial space in a high-demand Arlington District.
      6-8 Raymond Ave, Poughkeepsie, NY 12603
      View Details
    • $2,500 /Mo
      5,227 SF

      Poughkeepsie Retail Opportunity Near College

      2,400 sq ft retail space near Vassar College.
      12 Fowler Ave, Poughkeepsie, NY 12603
      View Details
    • $250 SF/Yr

      Small Office Space Available

      Second-floor office unit for lease with parking and signage.
      383-385 Hooker Ave, Poughkeepsie, NY 12603
      View Details
    • $375 /Mo

      Poughkeepsie Office Space For Rent

      Office space available for lease near Vassar College.
      383-385 Hooker Ave, Poughkeepsie, NY 12603
      View Details
    • $1,100 /Mo

      Poughkeepsie Office Space for Lease

      Office space with private entrance, parking, and convenient location.
      2038 New Hackensack Rd, Poughkeepsie, NY 12603
      View Details

    Property Visit Statistics

    • Visits by month
      11.8k
    • Visitors by month
      6.7k
    • Avg Time on site
      13 min
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    Poughkeepsie, NY 12603-2312
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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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    14 Raymond Ave, Poughkeepsie, NY, 12603
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