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Warren
153 TERRACE Road
$160,000
● House - Off Market

153 TERRACE Road

Hague, NY 12874
bedrooms
3 Beds
bathrooms
1 Bath
$210,490
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

This beautiful wooded lot on a desirable street consists of 2.16 acres, and is located in the historic Silver Bay area of the northern Lake George region. The seasonal  1466 sq-ft, 3 BR, 1 BA home is a Handyman's Special with good bones, a filtered water view, wide-plank floors, and loads of potential charm. The main level walls have been removed to the studs. Septic & spring fed water are in place, but may not be up to today's standards. There are no fixtures or appliances in the kitchen. The bathroom is disassembled. There is no heat system. There is a partial basement with outside access for storage of lawn items and summer toys. Make it your own!
Unit Size
-
Days on Market
-
Land Size
2.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$213
HOA Dues
-
Year Built
1945

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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: 4 years ago (Global MLS #202111521)

Price History

Date / Event Date Event Price
Feb 10, 2022 Sold
Premium
Sold
Feb 1, 2021 Listed by NLG Realty.com $199,900
Listed by NLG Realty.com
Apr 13, 2016 Sold
Premium
Sold
Jul 29, 2004 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1980
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 94,090
  • Total Building Area: 1,466
  • Building Area: 1,466
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 1,466
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002160
  • Standard Land Use Code: 1012
  • County Land Use Code: 260
  • Legal Description 1: RES. 350'FR 48.-1-30

Neighborhood

  • School District Name: Ticonderoga Central School District
  • School Tax School District: TICONDEROGA
  • Census Tract: 076000

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 522600
  • Section: 59.20
  • Parcel: 522600 59.20-1-32
  • Block: 1
  • Lot: 32.000
  • Municipality: HAGUE
  • Latitude: 43.7045
  • Longitude: -73.5073

    Address

  • Full Address: 153 Terrace Rd
  • Address - House Number: 153
  • Address - Street Name: Terrace
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Silver Bay
  • Zip Code: 12874

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $250,672
  • Tax Rate Code Area: 154801

    Appraisal Valuation

  • Standard Deviation: 0.1417
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 227,910
  • High Value: 260,221
  • Low Value: 195,598

    Market Valuation

  • Market Total Value: $202,000
  • Market Land Value: $76,000
  • Market Improvement Value: $126,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,000
  • Assessed Land Value: $76,000
  • Assessed Improvements Value: $126,000

    Sales

  • Current Sale Contract Date: Jan 21, 2022
  • Current Sale Recording Date: Feb 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-1284
  • Previous Sale Recording Date: Apr 13, 2016
  • Previous Sale Contract Date: Apr 07, 2016
  • Previous Sale Amount: $84,000
  • 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:

$389,900

Sale Price/ft²

$241

Below Asking

0.02%

Average Days on Market

68

Average Home Size

2066 ft²

Average Home Age

56.8 years

Currently For Sale

317 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: Kathryn J Ramant
NLG Realty.com
Last Updated: 4 years ago
Data Source: Global MLS , MLS# 202111521
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 153 Terrace Road built and last sold?
The property at 153 Terrace Road was built in 1945 and last sold on Jan 21, 2022 for $160,000.
How much is this home worth?
The estimated value of the home located at 153 Terrace Road is $0.
What are some comparable homes to 153 Terrace Road?
There are currently no comparable homes to 153 Terrace Road.
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