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Lake Luzerne
11 THIRD Avenue
$160,000
● House - Off Market

11 THIRD Avenue

Lake Luzerne, NY 12846
bedrooms
3 Beds
bathrooms
1 Bath
$221,208
RealtyHop Estimate
27.20%
Since Mar 1, 2021
National-US
Primary Model

About This Property

This beautiful renovated cottage is the place to live if you want a cozy home to relax in that is walking distance to Lake Luzurne beach.  This 3 bed, 1 bath home offers warm wood accents, wonderful cathedral ceilings, with a wood stove in the den and a fireplace in the living room.  A fenced in yard with a nice deck and fire pit, a storage shed & side yard.  New furnace, new weatherization, new W/D and new refrigerator. The home offers off street parking and High speed internet for those work from home days.  Close to local areas of interest, Corinth 5 miles away, Lake George & Glens Falls 13 miles away, Saratoga 20 miles away. Superior Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
1940

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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 #202033174)

Price History

Date / Event Date Event Price
Feb 24, 2021 Sold
Premium
Sold
Nov 18, 2020 Listed by Whipple City Realty Group Inc. $173,900
Listed by Whipple City Realty Group Inc.
Nov 14, 2017 Sold
Premium
Sold
Feb 1, 2017 Listed by Whipple City Realty Group Inc. $109,900
Listed by Whipple City Realty Group Inc.

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1980
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • 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: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,036
  • Building Area: 1,036
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,036
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • Standard Land Use Code: 1012
  • County Land Use Code: 260
  • Legal Description 1: CAMP 30.-3-17

Neighborhood

  • School District Name: Hadley-Luzerne Central School District
  • School Tax School District: HADLEY-LUZERNE
  • Census Tract: 071000

Zoning

  • Zoning: HR

Geography

  • District: 523200
  • Section: 298.16
  • Parcel: 523200 298.16-2-51
  • Block: 2
  • Lot: 51.000
  • Municipality: LAKE LUZERNE
  • Latitude: 43.3189
  • Longitude: -73.8323

    Address

  • Full Address: 11 3rd Ave
  • Address - House Number: 11
  • Address - Street Name: 3rd
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Lake Luzerne
  • Carrier Code: R002
  • 4-Digit Zip Code: 2506
  • Zip Code: 12846

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $222,463
  • Tax Rate Code Area: 523201

    Appraisal Valuation

  • Standard Deviation: 0.264
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 62
  • Final Value: 212,416
  • High Value: 268,497
  • Low Value: 156,336

    Market Valuation

  • Market Total Value: $156,800
  • Market Land Value: $81,779
  • Market Improvement Value: $75,021

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,000
  • Assessed Land Value: $60,500
  • Assessed Improvements Value: $55,500

    Sales

  • Current Sale Contract Date: Feb 19, 2021
  • Current Sale Recording Date: Feb 24, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 52
  • Current Sale Input Document Number: 2021-1710
  • Previous Sale Recording Date: Nov 14, 2017
  • Previous Sale Contract Date: Nov 09, 2017
  • Previous Sale Amount: $101,000
  • Previous Sale Document Type: 71
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 Lake Luzerne

Stats & Trends

Median Asking:

$292,250

Sale Price/ft²

$232

Below Asking

0.01%

Average Days on Market

72

Average Home Size

1332 ft²

Average Home Age

70.1 years

Currently For Sale

12 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

Click here to view more rentals in the neighborhood.
Global MLS

Listed by: Leslie L Seeley
Whipple City Realty Group Inc.
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202033174
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 11 3rd Avenue built and last sold?
The property at 11 3rd Avenue was built in 1940 and last sold on Feb 19, 2021 for $160,000.
How much is this home worth?
The estimated value of the home located at 11 3rd Avenue is $0.
What are some comparable homes to 11 3rd Avenue?
There are currently no comparable homes to 11 3rd Avenue.
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