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Amsterdam 12010
L8-1 Smith Road
$90,000
● Land - Off Market

L8-1 Smith Road

Perth, NY 12010
bedrooms
Studio
bathrooms
0 Bath
$669
Est. Monthly
16.85%
Cap Rate

About This Property

Prime 7.59-acre corner lot located in the Broadalbin-Perth School District! This flat, buildable, and potentially sub-dividable property offers endless possibilities, ideal for a private estate, multi-home development, or investment. Enjoy the perfect blend of country living with convenient access to shopping, schools, and amenities just minutes away. Don't miss this rare opportunity to own a spacious parcel in Perth!
Unit Size
-
Days on Market
133 days
Land Size
7.59 acres
Price per sqft
-
Property Type
Land
Property Taxes
$79
HOA Dues
-
Year Built
1992

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (Global MLS #202517357)

Price History

Date / Event Date Event Price
Sep 25, 2025 Sold
Premium
Sold
Aug 1, 2025 In contract -
In contract
Jun 26, 2025 Price Decreased $120,000
↓ $15K (11.1%)
Price Decreased
May 14, 2025 Listed by Inglenook Realty Inc $135,000
Listed by Inglenook Realty Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 182,952
  • Lot Size Frontage Feet: 6,580
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004200
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: RES L 4.2 ACRES

Neighborhood

  • School District Name: Amsterdam City School District
  • School Tax School District: AMSTERDAM CITY
  • Census Tract: 070200

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 0299051
  • District: 270100
  • Section: 55.06
  • Parcel: 270100 55.6-1-3.12
  • Block: 1
  • Lot: 3.012
  • Municipality: AMSTERDAM
  • Latitude: 42.9387
  • Longitude: -74.2134

    Address

  • Full Address: 1 Sandy Dr
  • Address - House Number: 1
  • Address - Street Name: Sandy
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Amsterdam
  • Carrier Code: R001
  • 4-Digit Zip Code: 8190
  • Zip Code: 12010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $251,112
  • Tax Rate Code Area: 270100

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 168,733
  • High Value: 191,578
  • Low Value: 145,887

    Market Valuation

  • Market Total Value: $139,535
  • Market Land Value: $20,000
  • Market Improvement Value: $119,535

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,000
  • Assessed Land Value: $8,600
  • Assessed Improvements Value: $51,400
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Amsterdam

Stats & Trends

Median Asking:

$199,900

Sale Price/ft²

$106

Below Asking

0.03%

Average Days on Market

76

Average Home Size

2218 ft²

Average Home Age

462.2 years

Currently For Sale

60 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Global MLS

Listed by: Michael DiMezza
Inglenook Realty Inc
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202517357
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1 Smith Road built and last sold?
The property at 1 Smith Road was built in 1992 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1 Smith Road is $121,200.
What are some comparable homes to 1 Smith Road?
There are currently no comparable homes to 1 Smith Road.
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