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Essex
114 LETSONVILLE Road
$84,000
● House - Off Market

114 LETSONVILLE Road

Schroon, NY 12858
bedrooms
1 Bed
bathrooms
1 Bath
$119,439
RealtyHop Estimate
42.19%
Since May 1, 2020
National-US
Primary Model

About This Property

Very private rustic cabin w/58' on Paradox Creek ideal for fishing & paddling.  Has small kitchen, bath w/compost toilet & shower, large enclosed porch, bedroom/living room with woodstove & LP stove and back porch.  Drilled well & hot water on demand.  Outhouse.  Shed.  Near Paradox Lake, Schroon Lake & Ticonderoga. Good Condition
Unit Size
-
Days on Market
-
Land Size
1.56 acres
Price per sqft
-
Property Type
House
Property Taxes
$79
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #202012905)

Price History

Date / Event Date Event Price
May 28, 2020 Sold
Premium
Sold
Apr 24, 2020 Sold
Premium
Sold
Feb 13, 2020 Listed by Friedman Realty $84,000
Listed by Friedman Realty
Oct 9, 2012 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1965
  • Bedroom Count: 1
  • 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: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 74,923
  • Total Building Area: 480
  • Gross Building Area: 480
  • Building Area: 480
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 480
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 2
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001720
  • Standard Land Use Code: 1012
  • County Land Use Code: 260
  • Legal Description 1: 64 PARADOX TRACT

Neighborhood

  • School District Name: Schroon Lake Central School District
  • School Tax School District: SCHROON LAKE
  • Census Tract: 961300

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 695J105403
  • District: 154600
  • Section: 137.01
  • Parcel: 154600 137.1-4-18.000
  • Block: 4
  • Lot: 18.000
  • Municipality: SCHROON
  • Latitude: 43.8971
  • Longitude: -73.6427

    Address

  • Full Address: 114 Letsonville Rd
  • Address - House Number: 114
  • Address - Street Name: Letsonville
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Severance
  • Zip Code: 12872

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $130,064
  • Tax Rate Code Area: 154601

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 55
  • Final Value: 139,227
  • High Value: 182,221
  • Low Value: 96,232

    Market Valuation

  • Market Total Value: $103,400
  • Market Land Value: $52,800
  • Market Improvement Value: $50,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,400
  • Assessed Land Value: $52,800
  • Assessed Improvements Value: $50,600

    Sales

  • Current Sale Contract Date: Apr 23, 2020
  • Current Sale Recording Date: May 28, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-1938
  • Previous Sale Recording Date: Oct 09, 2012
  • Previous Sale Contract Date: Sep 26, 2012
  • Previous Sale Amount: $65,000
  • 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 Essex

Stats & Trends

Median Asking:

$232,450

Sale Price/ft²

$156

Below Asking

0.05%

Average Days on Market

91

Average Home Size

1764 ft²

Average Home Age

72.8 years

Currently For Sale

112 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: Roger Friedman
Friedman Realty
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202012905
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 114 Letsonville Road built and last sold?
The property at 114 Letsonville Road was built in 1940 and last sold on Apr 23, 2020 for $84,000.
How much is this home worth?
The estimated value of the home located at 114 Letsonville Road is $0.
What are some comparable homes to 114 Letsonville Road?
There are currently no comparable homes to 114 Letsonville Road.
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