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Essex 12870
1476 Us Route 9
$178,000
● House - Off Market

1476 Us Route 9

Schroon Lake, NY 12870
bedrooms
3 Beds
bathrooms
2 Baths
$179,380
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Open bright floor plan, with coziness of charming farm house complete with original barn beams! Large corner lot with outbuildings for a garage (has electric), coop, shop, stable or tools for a garden! Home offers 3 bedrooms and 2 full baths, large laundry room, office and spacious living room/ dining/ kitchen.  Front porch wraps around providing space for outdoor living- just a few minutes to Schroon River to drop in with your tube or kayak, a short trip to the lake! Utilized as long term rental, history upon request.
Unit Size
-
Days on Market
-
Land Size
0.67 acres
Price per sqft
-
Property Type
House
Property Taxes
$178
HOA Dues
-
Year Built
1925

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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 #202310903)

Price History

Date / Event Date Event Price
May 12, 2023 Sold
Premium
Sold
Jan 23, 2023 Listed by Julie & Co Realty, LLC $178,000
Listed by Julie & Co Realty, LLC
Jul 28, 2004 Sold
Premium
Sold
May 5, 2004 Listed by Julie & Co Realty, LLC $114,000
Listed by Julie & Co Realty, LLC
Jun 27, 2003 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1975
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 1,550
  • Total Building Area: 2,002
  • Gross Building Area: 1,214
  • Building Area: 2,002
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,002
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 9 ROAD PATENT

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: 695J102702
  • District: 154600
  • Section: 136.03
  • Parcel: 154600 136.3-2-33.100
  • Block: 2
  • Lot: 33.100
  • Municipality: SCHROON
  • Latitude: 43.8631
  • Longitude: -73.7543

    Address

  • Full Address: 1476 Us Route 9
  • Address - House Number: 1476
  • Address - Street Name: Us Route 9
  • State: NY
  • City Name: Schroon Lake
  • Carrier Code: R001
  • 4-Digit Zip Code: 2701
  • Zip Code: 12870

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $213,853
  • Tax Rate Code Area: 154601

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 55
  • Final Value: 210,488
  • High Value: 275,488
  • Low Value: 145,487

    Market Valuation

  • Market Total Value: $169,900
  • Market Land Value: $40,400
  • Market Improvement Value: $129,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,900
  • Assessed Land Value: $40,400
  • Assessed Improvements Value: $129,500

    Sales

  • Current Sale Contract Date: May 02, 2023
  • Current Sale Recording Date: May 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2023-1516
  • Previous Sale Recording Date: Jul 28, 2004
  • Previous Sale Contract Date: Jul 23, 2004
  • Previous Sale Amount: $106,000
  • 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:

$234,900

Sale Price/ft²

$156

Below Asking

0.05%

Average Days on Market

91

Average Home Size

1761 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: Brooke Clark
Julie & Co Realty, LLC
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202310903
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 1476 U.S. 9 built and last sold?
The property at 1476 U.S. 9 was built in 1925 and last sold on May 2, 2023 for $178,000.
How much is this home worth?
The estimated value of the home located at 1476 U.S. 9 is $0.
What are some comparable homes to 1476 U.S. 9?
There are currently no comparable homes to 1476 U.S. 9.
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