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488 Tally Ho Road, Middletown, NY, 10940

1beds
1baths
748sqft
$165,000
$221price/sqft
$1,416/moest. monthly cost
$56,640/yrincome needed

About This Home

A charming 1940 bungalow located in the highly desirable Minisink Valley School District, this home sits on a quiet 0.23-acre lot and makes an excellent starter home with low taxes. The front door opens into a spacious living area filled with natural light. The main level offers one bedroom plus an office that can serve as a second bedroom if needed. The full basement—not included in the listed square footage—provides additional space ideal for a recreation area, storage, or a bonus room. Outside, enjoy the fenced-in backyard complete with a patio and tree house. Previously rented for $2,000 per month, this property also presents a strong investment opportunity.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
14
BikeSomewhat Bikeable

Schools

6/10
5/10
6/10

Construction

Condition

  • Year built: 1940

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Other

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • First Floor Bedroom
  • Attic: None

Heating & Cooling

  • Heating features: Forced Air,Oil
  • Cooling features: None

Interior Area

  • Total structure area: 748
  • Total interior livable area: 748 sqft

Property

Details

  • Parcel number: 3344890090000001033.0000000
  • Special condition: None

Lot

  • Lot size: 9,805 sqft

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters in Orange County and New York

Fire
Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $834$10,008
Home Insurance *$59$708
Property Taxes $277$3,324
Electricity $246$2,954
Total$1,416$16,992
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,548/yr
40% on housing$42,480/yr
45% on housing$37,760/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: -1.9%
-1.9%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.6%
-2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$221This listing

vs Other Active Listings

Avg $/sqft

ZIP 10940$209
Orange County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 10940$233
Orange County$263

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-24Price change$189,000
2026-04-02Price change$199,000
2026-03-06Listed for sale$215,000
2026-01-21Pending sale$215,000
2025-12-09Listed for sale$215,000
2024-03-28Sold$120,000
2024-03-14Pending sale$125,000
2024-03-06Listing removed--
2024-02-26Price change$125,000
2024-01-25Listed for sale$145,000
2024-01-06Listing removed--
2024-01-02Price change$138,500
2023-12-03Pending sale$150,000
2023-10-05Price change$150,000
2023-08-29Price change$160,500
2023-08-08Listed for sale$168,000

For Sale by Agent

AgentJason W. Schobert
BrokerageeXp Realty

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