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    57 Royal Rd Stuyvesant, NY 12173

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    57 Royal Rd Stuyvesant, NY 12173

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    • Single family properties
    Off-Market
    Property ID
    US63-5902873
    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

    • Single family properties

    Property Details for 57 Royal Rd

    Property type
    Single family properties

    Description

    Welcome to Your Fully Furnished, Beautifully Renovated Ranch! Welcome home! This Fully Furnished (all brand new furniture), beautifully renovated in 2024, 4-bedroom, 1-bathroom ranch offers a perfect retreat for all seasons, featuring a spacious patio overlooking a well-manicured lawn-ideal for warm summer days and cozy winter nights. Outdoor enthusiasts will appreciate the close proximity to the Empire State Rail Trail and stunning waterfalls, promising endless adventures just outside your door. As you enter, the spacious entryway leads you into a bright living room that exudes a New England meets farmhouse decor theme, creating a warm and inviting atmosphere throughout the home. The eat-in kitchen is completely brand new, featuring a stunning walnut-stained wood table, perfect for gathering with family and friends. It's equipped with newer stainless-steel appliances, soft-close cabinets, a custom pull-out garbage can, and a pantry with a charming bi-fold barn door. Down the hallway, you'll find a generous main bedroom with ample closet space, along with three additional bedrooms, one of which is currently utilized as a functional office space and a convenient laundry area. The bathroom is newly renovated (2024), offering modern amenities for your comfort. The home also boasts brand-new floors and carpeting throughout, enhancing the cozy feel of every room. A linen closet can be found at the end of the hallway. Outside, a storage shed at the far end of the property offers additional space for your outdoor tools and gear. The home is equipped with a newly installed, enabled solar panel system that the new owner will fully inherit, along with a brand-new roof that comes with a 10-year warranty. Recent upgrades also include a brand-new water heater, new windows, doors, and hardware throughout. The basement features a new sump pump (just a year old) with a drainage system. Located in the Ichabod Crane School District, this charming ranch home comes fully furnished and is ready for you to move in and make it your own. Don't miss out on this incredible opportunity-schedule your showing today!

    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
    Stuyvesant
    County
    Columbia
    State
    New York
    Longitude
    -73.75122
    Latitude
    42.330647

    Comparable in this City

    • $675,000
      144.29 Acres

      Expansive Acreage in Stuyvesant, NY

      144+ acres in Stuyvesant, NY, ideal for various uses.
      L29A Rdg Rd, Stuyvesant, NY 12173
      View Details
    • $1,100,000
      Pending

      Stuyvesant Land For Sale

      172 acre Stuyvesant land ideal for farming and recreation.
      L15 Schoolhouse Rd, Stuyvesant, NY 12173
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    • $475,000
      93.37 Acres

      93+ Acres of Farmland

      Farmland with mountain views, stream, and development potential.
      L29 Rdg Rd, Stuyvesant, NY 12173
      View Details

    Similar Nearby for Sale

    • $675,000
      144.29 Acres

      Expansive Acreage in Stuyvesant, NY

      144+ acres in Stuyvesant, NY, ideal for various uses.
      L29A Rdg Rd, Stuyvesant, NY 12173
      View Details
    • $1,100,000
      Pending

      Stuyvesant Land For Sale

      172 acre Stuyvesant land ideal for farming and recreation.
      L15 Schoolhouse Rd, Stuyvesant, NY 12173
      View Details
    • $475,000
      93.37 Acres

      93+ Acres of Farmland

      Farmland with mountain views, stream, and development potential.
      L29 Rdg Rd, Stuyvesant, NY 12173
      View Details
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    Stuyvesant, NY 12173
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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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    57 Royal Rd, Stuyvesant, NY, 12173

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