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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    799 Violet Ave Hyde Park, NY 12538-1958

    • Commercial real estate
    • 4,292 SF
    • 0.58 lot acres
    OFF-MARKET
    Last Sale
    Dec 10, 2020
    $575,000
    Value Estimations
    $570,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-0589472
    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

    • Commercial real estate

    Property Details for 799 Violet Ave

    Year built
    1965
    Lot size
    0.58 lot acres
    Property size
    4,292 SF
    Zone code
    EPBD
    Property type
    Commercial real estate
    APN
    133200 6164-04-564397-0000
    APU
    9223372036854775807

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $485,000
      ML approach
      $500,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $870,000
      6.5%
      $800,000
      7%
      $745,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $584,000
      Market price range: $348k - $851k
      AI Estimate
      $490,000
      Market price range: $347k - $635k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $590,000
      Current use
      AUTO REPAIR, GARAGE
      $690,000
      Change: +17% Conversion: Difficult
      OFFICE BUILDING
      $480,000
      Change: -19% Conversion: Easy

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

    Location Insight

    • Map
    • Local Demand
    City
    Hyde Park
    County
    Dutchess
    State
    New York
    Longitude
    -73.9089
    Latitude
    41.7668
    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
    $19,172
    $68,200
    $231,800
    $300,000
    -
    $177,138
    $602,062
    $779,200

    Comparable in this City

    • Value Estimation
      $240,000
      1.68 Acres

      3834 Albany Post Rd

      COMMERCIAL (GENERAL) • 1.68 Acres
      3834 Albany Post Rd, Hyde Park, NY 12538-1425
      View Details
    • Value Estimation
      $245,000
      2,668 SF

      79 Yacht Clb Rd

      COMMERCIAL (GENERAL) • 2,668 SF
      79 Yacht Clb Rd, Hyde Park, NY 12538
      View Details
    • Value Estimation
      $295,000
      364 SF

      25 Lawrence Rd

      COMMERCIAL (GENERAL) • 364 SF
      25 Lawrence Rd, Hyde Park, NY 12538-2429
      View Details
    • Value Estimation
      $1,200,000
      150,000 SF

      15 Dorsey Ln

      COMMERCIAL (GENERAL) • 150,000 SF
      15 Dorsey Ln, Hyde Park, NY 12538-1417
      View Details
    • Value Estimation by Request
      0.38 Acres

      4070 Albany Post Rd

      VACANT COMMERCIAL LAND • 0.38 Acres
      4070 Albany Post Rd, Hyde Park, NY 12538-1934
      View Details
    • Value Estimation
      $615,000
      15,948 SF

      17 Crum Elbow Rd

      PROFESSIONAL BUILDING • 15,948 SF
      17 Crum Elbow Rd, Hyde Park, NY 12538-2850
      View Details

    Similar Nearby for Sale

    • $900,000
      5,041 SF

      Hyde Park Mixed-Use Property

      Live/Work Opportunity in Historic Hyde Park
      4354-4356 Albany Post Rd, Hyde Park, NY 12538
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    • $95,000

      Residential Lot in Stonegate Community

      Building lot in Stonegate Community, Hyde Park, NY.
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    • $1,200,000
      14,359 SF

      4408 Albany Post Rd

      Churches & religious facilities • 14,359 SF
      4408 Albany Post Rd, Hyde Park, NY 12538
      View Details
    • $125,000
      1.31 Acres

      Hyde Park Subdivision Land Opportunity

      Four-lot subdivision near Rhinebeck, each lot over one acre.
      155 S Quaker Ln, Hyde Park, NY 12538
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    • Contact for pricing

      Residential Land with Mature Trees

      Vacant .51 acre residential land parcel with municipal water.
      11 Church St, Hyde Park, NY 12538
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    Similar Nearby for Lease

    • $1,500 /Mo

      Hyde Park Office Space Rental

      Office space for rent with private entrance and bathroom.
      547 Violet Ave, Hyde Park, NY 12538
      View Details
    • $1,000 /Mo

      Professional Office Space For Rent

      Office space suitable for various professional services available for rent.
      7 Pinwoods Rd, Hyde Park, NY 12538
      View Details
    • Contact for pricing
      7,560 SF

      Professional Office Building For Lease

      Class A office building available for lease in Hyde Park.
      10 Boice Rd, Hyde Park, NY 12538
      View Details
    • $1,250 /Mo

      Finished Office Space For Rent

      650 SF finished office space available for rent now.
      1636 C, Hyde Park, NY 12538
      View Details
    • $1,000 /Mo

      Professional Office Space For Rent

      Professional office space suitable for various practices and businesses.
      7 Pinwoods Rd, Hyde Park, NY 12538
      View Details
    • $4,000 /Mo

      Versatile Commercial Building on Route 9

      Adaptable commercial space with high visibility on Albany Post Road.
      4356 Albany Post Rd, Hyde Park, NY 12538
      View Details
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    799 Violet Ave
    Hyde Park, NY 12538-1958
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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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