Active Rain December 12, 2010

What Does $525,000 Buy in Carmel, NY?

Carmel NY real estate

Carmel, NY is a community located in Putnam County, NY about an hour north of New York City. It is very close to Westchester County, but the cost of living, especially the cost of homes and property taxes, are often less than Westchester. 

What can you get for $525,000 in Carmel? Well, we just sold this 3000 square foot 2001-built 5 bedroom, 3.5 bath colonial on nearly 2 acres this past week. Located on a cul de sac, it has a beautiful master suite, an additional 1300 finished square feet in the walkout basement, rocking chair porch, 2 car garage, fireplace, rear deck, rear patio, and an updated kitchen.

The subdivision is very close to the downtown area of Carmel, with Mahopac and Brewster a short drive away as well. I-684 is about 7 minutes away.  

Our sellers got 100% of their asking price and the home spent just 81 days on the market. As you can see, in Carmel these days, $525,000 buys quite a nice home.