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Essex 12883
12 Cottage Road
$990,000
● House - Off Market

12 Cottage Road

Ticonderoga, NY 12883
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,004 Ft²
$1,319,126
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Located along the peaceful shores of Lake George, this stunning newly built home is your private sanctuary away from the hustle and bustle of city life offering 50' of direct lakefront which includes a 40' dock. This thoughtfully designed property is perfect for entertaining, the massive 24' x 27'' rooftop deck overlooks Lake George with stunning views of the lake & mountains. The open concept of the first floor features a lake facing bedroom, a large kitchen w/herringbone backsplash, 10' island w/quartz countertops & engineered hardwoods throughout the first & second floors. Upstairs you'll find the master bedroom w/lake views and stunning master bath, 2 more bedrooms, hall bath & convenient 2nd floor laundry. Don't miss this opportunity! Furniture is included in price.
Unit Size
2,004 Ft²
Days on Market
39 days
Land Size
0.20 acres
Price per sqft
$624
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1988

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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 #202222367)

Price History

Date / Event Date Event Price
Nov 14, 2022 Sold
Premium
Sold
Jul 12, 2022 Listed by KW Platform $1,250,000
Listed by KW Platform
Jun 18, 2012 Sold
Premium
Sold
Dec 9, 2005 Sold
Premium
Sold

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1991
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 999
  • Parking Space Count: 4
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 34,848
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 4,147
  • Gross Building Area: 3,647
  • Building Area: 4,147
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 4,147
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000800
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 5 STOUGHTON PAT

Neighborhood

  • School District Name: Ticonderoga Central School District
  • School Tax School District: TICONDEROGA
  • Census Tract: 961201

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 715J188007
  • District: 154800
  • Section: 150.04
  • Parcel: 154800 150.4-1-19.000
  • Block: 1
  • Lot: 19.000
  • Municipality: TICONDEROGA
  • Latitude: 43.8203
  • Longitude: -73.4335

    Address

  • Full Address: 12 Caldwell Cir
  • Address - House Number: 12
  • Address - Street Name: Caldwell
  • Address - Suffix Type: Cir
  • State: NY
  • City Name: Ticonderoga
  • Carrier Code: R001
  • 4-Digit Zip Code: 2524
  • Zip Code: 12883

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,052,615
  • Tax Rate Code Area: 154801

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 59
  • Final Value: 1,313,530
  • High Value: 1,687,314
  • Low Value: 939,747

    Market Valuation

  • Market Total Value: $1,098,000
  • Market Land Value: $566,758
  • Market Improvement Value: $531,242

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $955,300
  • Assessed Land Value: $493,100
  • Assessed Improvements Value: $462,200

    Sales

  • Current Sale Contract Date: May 16, 2012
  • Current Sale Recording Date: Jun 18, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 09, 2005
  • Previous Sale Contract Date: Dec 06, 2005
  • Previous Sale Amount: $830,000
  • 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:

$236,950

Sale Price/ft²

$156

Below Asking

0.05%

Average Days on Market

91

Average Home Size

1773 ft²

Average Home Age

73.1 years

Currently For Sale

110 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

Currently no nearby rentals
Global MLS

Listed by: Penny Berg
KW Platform
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202222367
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 12 Cottage Road built and last sold?
The property at 12 Cottage Road was built in 1988 and last sold on May 16, 2012 for $825,000.
How much is this home worth?
The estimated value of the home located at 12 Cottage Road is $1,215,487.
What are some comparable homes to 12 Cottage Road?
There are currently no comparable homes to 12 Cottage Road.
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