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    Property profile & analytics

    3 Elm St Walden, NY 12586-1805

    • Manufacturing properties
    • 57,286 SF
    • 3.90 lot acres
    OFF-MARKET
    Value Estimations
    $705,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-5984817
    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.

    Current Use by Public Records

    • Horizon Security Group, Inc / Security Service

    Property Details for 3 Elm St

    Year built
    1962
    Lot size
    3.90 lot acres
    Property size
    57,286 SF
    Zone code
    I2
    Property type
    Manufacturing properties
    APN
    334205 310-1-1.21
    APU
    3342053101121

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $695,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $851,000
      Market price range: $852k - $3.95M

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

    Location Insight

    • Map
    • Local Demand
    City
    Walden
    County
    Orange
    State
    New York
    Longitude
    -74.1828
    Latitude
    41.5595
    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
    2021
    $0.00
    $100,000
    $252,000
    $352,000
    -
    $238,097
    $600,003
    $838,100

    Comparable in this City

    • Value Estimation
      $290,000
      9,760 SF

      2 American Way

      MANUFACTURING (LIGHT) • 9,760 SF
      2 American Way, Walden, NY 12586
      View Details
    • Value Estimation
      $540,000
      186,771 SF

      30 Coldenham Rd

      HEAVY MANUFACTURING • 186,771 SF
      30 Coldenham Rd, Walden, NY 12586-2001
      View Details
    • Value Estimation
      $265,000
      6,759 SF

      1493 State Rte 52

      MANUFACTURING (LIGHT) • 6,759 SF
      1493 State Rte 52, Walden, NY 12586-2275
      View Details
    • Value Estimation
      $510,000
      21,221 SF

      192 Plns Rd

      MANUFACTURING (LIGHT) • 21,221 SF
      192 Plns Rd, Walden, NY 12586-2443
      View Details
    • Value Estimation
      $295,000
      3,270 SF

      121 Orch St

      MANUFACTURING (LIGHT) • 3,270 SF
      121 Orch St, Walden, NY 12586-1707
      View Details
    • Value Estimation
      $455,000
      14,376 SF

      2241 Albany Post Rd

      MANUFACTURING (LIGHT) • 14,376 SF
      2241 Albany Post Rd, Walden, NY 12586-2214
      View Details

    Similar Nearby for Sale

    • $2,950,000

      New Warehouse with High Ceilings

      New 12,000 sq ft warehouse suitable for distribution, manufacturing.
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    • $2,300,000
      13,284 SF

      Walden Industrial Site: 5 Acres

      Prime 13,284 SF industrial property, ideal for storage & distribution.
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    • $3,600,000
      35,409 SF

      Walden Industrial Mixed-Use Opportunity

      Historic 3.1-acre mixed-use property with redevelopment potential.
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      View Details
    • $125,000

      Land For Sale

      Land available for sale.
      2637 State Route 208, Walden, NY 12586
      View Details
    • $400,000

      Income-Producing Four-Family Property

      Value-add opportunity near Walden with income potential.
      31 S Montgomery St, Walden, NY 12586
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    • $749,900
      3,750 SF

      Walden Mixed-Use Investment Opportunity

      Profitable Restaurant & Apartments
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    Similar Nearby for Lease

    • $10 SF/Yr
      35,409 SF

      Versatile Industrial Space in Walden

      35,000 sq ft industrial space suitable for manufacturing, warehousing, shipping.
      29 Grant St, Walden, NY 12586
      View Details
    • $13 SF/Yr

      New Warehouse and Flex Space

      Recently built warehouse and flex space with I-84 access.
      2445 State Route 208, Walden, NY 12586
      View Details
    • $1,250 /Mo
      750 SF

      Versatile Office Space in Walden

      Charming 750 sq ft office space in Walden, NY.
      11 Orchard St, Walden, NY 12586
      View Details
    • $1,750 /Mo

      Modern Two-Bedroom Apartment in Walden

      Updated 2-bedroom apartment in Walden, available 12/15/2025.
      67 Main St, Walden, NY 12586
      View Details
    • $3,000 /Mo
      2,800 SF

      Retail/Office Space in Walden, NY

      2800 sq ft retail/office space in high-traffic area.
      73 W Main St, Walden, NY 12586
      View Details
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    3 Elm St
    Walden, NY 12586-1805
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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.

    More about this property
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