# Research Outline

### Montibello Property - Similar Properties

#### Goals

Obtain information on properties that are more than 5 acres and are located approximately 50 miles from New York City. Determine the size in sq. ft., the approximate distance from New York City based on the given address ((10 Viola Rd Suffern, NY 10901), the total price, and the calculated \$ per sq. ft.

### Montibello Property - Similar Properties

• The property at this address (10 Viola Rd Suffern, NY 10901) is around 50 miles from New York City by car.
• Some of the properties found that are more than 5 acres (217,800 sq. ft.) are the following:
• 115 Phillip Dr, Rockaway, NJ 07866
• This property is around 51.1 miles from New York City.
• The total price for the property is \$735,000. It has a total area of 763,600 sq. ft.
• The \$ per sq. feet was calculated as follows: \$735,000/ 763,600 sq. ft. = \$0.96 per sq. ft.
• 3659 Old Crompond Rd, Cortlandt Manor, NY 10567
• This property is around 52.3 miles from New York City.
• The total price for the property is \$889,900. It has a total area of 258,746.4 sq. ft.
• The \$ per sq. feet was calculated as follows: \$889,900/ 258,746.4 sq. ft. = \$3.44 per sq. ft.