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Warren 12845
11 Markson Road
$199,900
● House - Off Market

11 Markson Road

Lake George, NY 12845
bedrooms
3 Beds
bathrooms
1 Bath
$317,585
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Beautiful home in walking distance to million dollar beach and downtown Lake George.Newly renovated 3 bedroom home/1 bath. Brand new Kitchen, Appliances, WiFi thermostat,Electrical system. Expanded bathroom with washer & dryer connection. Enclosed porch for all seasons.Shed and fire place in back yard.Located on private rd that is quiet and relaxing and Conveniently located 5 minutes from restaurants, shopping plazas, LG Village and I-87 N.
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$168
HOA Dues
-
Year Built
1930

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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 #174044)

Price History

Date / Event Date Event Price
Jul 19, 2018 Sold
Premium
Sold
Dec 8, 2017 Listed by Berkshire Hathaway Blake $209,900
Listed by Berkshire Hathaway Blake
Nov 14, 2008 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2000
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: RES. 11.-1-57.21

Neighborhood

  • School District Name: Lake George Central School District
  • School Tax School District: LAKE GEORGE
  • Census Tract: 072001

Zoning

  • Zoning: 07 - MIXED

Geography

  • District: 522289
  • Section: 264.08
  • Parcel: 522289 264.08-1-21
  • Block: 1
  • Lot: 21.000
  • Municipality: LAKE GEORGE (TOV)
  • Latitude: 43.4159
  • Longitude: -73.6981

    Address

  • Full Address: 11 Markson Rd
  • Address - House Number: 11
  • Address - Street Name: Markson
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Lake George
  • Carrier Code: R003
  • 4-Digit Zip Code: 3824
  • Zip Code: 12845

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $317,457
  • Tax Rate Code Area: 522201

    Appraisal Valuation

  • Standard Deviation: 0.2571
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 63
  • Final Value: 334,256
  • High Value: 420,226
  • Low Value: 248,285

    Market Valuation

  • Market Total Value: $252,381
  • Market Land Value: $92,857
  • Market Improvement Value: $159,524

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,000
  • Assessed Land Value: $78,000
  • Assessed Improvements Value: $134,000

    Sales

  • Current Sale Contract Date: Jun 19, 2018
  • Current Sale Recording Date: Jul 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018-4612
  • Previous Sale Recording Date: Nov 14, 2008
  • Previous Sale Contract Date: Nov 13, 2008
  • Previous Sale Amount: $180,000
  • 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 Warren

Stats & Trends

Median Asking:

$377,000

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2073 ft²

Average Home Age

56.3 years

Currently For Sale

420 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: Todd Schermerhorn
Berkshire Hathaway Blake
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 174044
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 Markson Road built and last sold?
The property at 11 Markson Road was built in 1930 and last sold on Jun 19, 2018 for $199,900.
How much is this home worth?
The estimated value of the home located at 11 Markson Road is $211,999.
What are some comparable homes to 11 Markson Road?
There are currently no comparable homes to 11 Markson Road.
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