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Saratoga 12835
10 Lower Heights Road
$575,000
● House - Off Market

10 Lower Heights Road

Edinburg, NY 12835
bedrooms
3 Beds
bathrooms
2 Baths
$2,999
Est. Monthly
4.29%
Cap Rate

About This Property

Welcome to your dream, direct lakefront retreat on Sacandaga Lake! Built in 2021, this stunning 3-bedroom, 2-bathroom home was designed with an Adirondack yet modern aesthetic in mind. As you step inside, you'll be greeted by a spacious open concept living area with a cozy, propane linear fireplace, perfect for those chilly evenings. The primary bedroom with ensuite ensures ultimate comfort. Offered fully furnished and equipped with ductless heating/cooling, this home provides both convenience and year-round relaxation. Enjoy beach/lake access and your own boat dock with optional membership of $800/year. No need to cross busy roads to experience 400ft of lake frontage plus two sandy beaches-just open your front door! This is your chance to live the lake lifestyle you've always dreamed of.
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$57
HOA Dues
-
Year Built
1960

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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: 3 years ago (Global MLS #202327892)

Price History

Date / Event Date Event Price
Jan 22, 2024 Sold
Premium
Sold
Dec 7, 2023 In contract -
In contract
Nov 7, 2023 Listed by Coldwell Banker Prime Properties $599,000
Listed by Coldwell Banker Prime Properties
Nov 3, 2011 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 460
  • Building Area: 460
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 460
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • Standard Land Use Code: 1006
  • County Land Use Code: 270
  • Mobile Home Indicator: T

Neighborhood

  • School District Name: Edinburg Common School District
  • School Tax School District: EDINBURG
  • Census Tract: 060505

Zoning

  • Zoning: 07 - MIXED

Geography

  • Account Number: 5 J00278
  • District: 413000
  • Section: 68.17
  • Parcel: 413000 68.17-2-21.111
  • Block: 2
  • Lot: 21.111
  • Municipality: EDINBURG
  • Latitude: 43.2295
  • Longitude: -74.0896

    Address

  • Full Address: 10 Lower Heights Rd
  • Address - House Number: 10
  • Address - Street Name: Lower Heights
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Hadley
  • Zip Code: 12835

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $68,061
  • Tax Rate Code Area: 413001

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 79
  • Final Value: 174,730
  • High Value: 203,720
  • Low Value: 145,740

    Market Valuation

  • Market Total Value: $100,270
  • Market Land Value: $22,792
  • Market Improvement Value: $77,478

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,604
  • Assessed Land Value: $8,775
  • Assessed Improvements Value: $29,829

    Sales

  • Current Sale Contract Date: Jan 12, 2024
  • Current Sale Recording Date: Jan 22, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1858
  • Previous Sale Recording Date: Nov 03, 2011
  • Previous Sale Contract Date: Sep 22, 2011
  • Previous Sale Amount: $102,000
  • Previous Sale Document Type: 27
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 Saratoga

Stats & Trends

Median Asking:

$485,000

Sale Price/ft²

$263

Below Asking

0.01%

Average Days on Market

65

Average Home Size

2198 ft²

Average Home Age

72.6 years

Currently For Sale

654 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: Krista Polumbo
Coldwell Banker Prime Properties
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202327892
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 10 Lower Heights Road built and last sold?
The property at 10 Lower Heights Road was built in 1960 and last sold on Jan 12, 2024 for $575,000.
How much is this home worth?
The estimated value of the home located at 10 Lower Heights Road is $0.
What are some comparable homes to 10 Lower Heights Road?
There are currently no comparable homes to 10 Lower Heights Road.
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