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Herkimer 13324
111 Black Cherry Lane
$110,000
● Land - Off Market

111 Black Cherry Lane

Russia, NY 13324
bedrooms
Studio
bathrooms
0 Bath
$864
Est. Monthly
9.19%
Cap Rate

About This Property

Create your own personal waterfront sanctuary and design the blueprints for your future self to enjoy! Have you dreamed of owning your own land? It's time to fulfill that wish and build your dream home or seasonal camp to spend your summers and winters! With a stunning 8.1 picturesque acres, wake up every summer and enjoy your morning coffee as you glance at the glistening and peaceful waves of Hinkley Lake. Breathe in the sights and sounds of the Great Outdoors and relax in all the beauty Nature has to offer. Spend the warm weather boating, fishing, and cooking Smore's over a campfire, and drive your sled right on the snowmobile trails, snowshoe or cross-country ski during the winter months. You won't find a better location!
Unit Size
-
Days on Market
344 days
Land Size
8.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
$83
HOA Dues
-
Year Built
1989

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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: 6 months ago (NYSAMLS #S1597407)

Price History

Date / Event Date Event Price
Mar 13, 2026 Sold
Premium
Sold
Aug 28, 2025 In contract -
In contract
Apr 3, 2025 Listed by Bradley And Bradley Real Estate (Utica) $159,000
Listed by Bradley And Bradley Real Estate (Utica)

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 888,624
  • Lot Size Frontage Feet: 6,980
  • Total Building Area: 1,224
  • Building Area: 1,224
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,224
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000020400
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 46 JERSEYFIELD PATENT HOUSE

Neighborhood

  • School District Name: Poland Central School District
  • School Tax School District: POLAND
  • Census Tract: 011504

Zoning

  • Zoning: 47

Geography

  • Account Number: 0003581
  • District: 214489
  • Section: 72.04
  • Parcel: 214489 072.4-2-13
  • Block: 2
  • Lot: 13.000
  • Municipality: RUSSIA (TOV)
  • Latitude: 43.34
  • Longitude: -75.0422

    Address

  • Full Address: 111 Black Cherry Ln
  • Address - House Number: 111
  • Address - Street Name: Black Cherry
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Cold Brook
  • Carrier Code: R001
  • 4-Digit Zip Code: 3419
  • Zip Code: 13324

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 213803

    Appraisal Valuation

  • Standard Deviation: 0.1492
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 70
  • Final Value: 297,715
  • High Value: 342,145
  • Low Value: 253,284

    Market Valuation

  • Market Total Value: $202,950
  • Market Land Value: $50,620
  • Market Improvement Value: $152,330

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $172,000
  • Assessed Land Value: $42,900
  • Assessed Improvements Value: $129,100

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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 Herkimer

Stats & Trends

Median Asking:

$179,950

Sale Price/ft²

$116

Below Asking

0.04%

Average Days on Market

89

Average Home Size

1969 ft²

Average Home Age

90.3 years

Currently For Sale

189 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

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NYSAMLS

Last Updated: 6 months ago
Data Source: NYSAMLSs, MLS# S1597407

Frequently Asked Questions

When was property at 111 Black Cherry Lane built and last sold?
The property at 111 Black Cherry Lane was built in 1989 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 111 Black Cherry Lane is $0.
What are some comparable homes to 111 Black Cherry Lane?
There are currently no comparable homes to 111 Black Cherry Lane.
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