501 Devries Ct Piermont, NY 10968

2 beds · 3 baths · 1,724 sq ft · Lot Size: 1,742 sq ft · Residential Condominium · Piermont
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501 Devries Ct is in the Piermont neighborhood of Piermont, NY. It is located in Rockland County and ZIP code 10968. This Residential Condominium was built in 1993 and is approximately 32 years old. The residential condominium spans 1724 sq ft with 2 bedrooms and 3 bathrooms and sits on a 1742 sq ft lot. The Piermont area of Piermont has 226 residential homes. Analyze and compare real estate investment strategies for properties like this home at 501 Devries Ct Piermont, NY 10968 with Property Intel by Whitepages.

Investment Potential for 501 Devries Ct

The property has a current estimated value of $642,455, which is 81% above the neighborhood median. Projected long-term rental income is $27,000 annually ($2,250 per month) with a 85% occupancy rate.

Long-Term

Gross Rental
$27,000 per year($2,250 per month)
Net Operating Income
Cap Rate
Occupancy Rate
85%in 10968 zip code
 
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Owners & Occupancy for 501 Devries Ct

This property is owned by Jeanne M Sheehan. Owner contact information includes 1 phone number and 2 email addresses.

Property Owners

Residence************
Distance from Property**********
Email Address*************@aol.com

Property Ownership Information

Property Tax Amount$22,649 in 2023

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 96

Property Details for 501 Devries Ct

Property Details

Property Sq Ft

Living Area

1,724 sq ft

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Lot Size

1,742 sq ft

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Price Per Sq Ft

Living Area

$373 / sq ft

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Lot Size Area

$369 / sq ft

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Property condition, age, exterior, etc. for 501 Devrie…
Longitude: -73.911629 Latitude: 41.041826 Parcel Number (APN): 392405-075-055-0001-001-006-5010…
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Market Benchmarks

Compare data for 501 Devries Ct in Rockland County to the median in the neighborhood area and surrounding markets, where available.
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Property
State
Difference
$642,455
$293,845
$348,610 (119%)
$554,103
$272,583 (49%)
YoY Price Change
3.02%
1084%
Year Built
1993
1971
22 years
Living Space
1,724 sq ft
1,129 sq ft
595 (53%)
$ Per Living Sq Ft
$373
$233
$139 (60%)
Lot Size
1,742 sq ft
1,569 sq ft
173 (11%)
$ Per Lot Sq Ft
$369
$160
$209 (130%)

Net Operating Income
$15,853
-$19,760 (-125%)
Annual Revenue
$27,000
$25,200
$1,800 (7%)
$5,298
$25,609 (483%)
Net Operating Income
$15,853
-$19,760 (-125%)
Cap Rate
4.17%
Home Value Comparison: Property vs. Local and Regional 2-Bed Residential Condominium Medians