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Essex
1706 Route 28N
$170,500
● House - Off Market

1706 Route 28N

Minerva, NY 12851
bedrooms
2 Beds
bathrooms
1 Bath
square feet
937 Ft²
$1,005
Est. Monthly
11.01%
Cap Rate

About This Property

This cozy farmhouse, in the heart of the Adirondacks, has the right mix of vintage beauty and modern comfort. This warm and friendly home has two large bedrooms and the capacity for a third and 2nd bathroom, making it ideal for guests or to use as a rental! After a day of hiking or outdoor activities, the cozy country kitchen is perfect for gatherings, weekend baking, or entertaining guests. The large backyard is ideal for playing or stargazing. Close to Gore Mountain, it offers world-class skiing, snowboarding, and winter activities, while Minerva Lake offers swimming and lakeside relaxation. Surrounded by nature and outdoor adventure, this property is ideal for a year-round home, weekend getaway, or rental. Discover the charm of this unique property that is close to all things Adk!
Unit Size
937 Ft²
Days on Market
71 days
Land Size
0.44 acres
Price per sqft
$187
Property Type
House
Property Taxes
$146
HOA Dues
-
Year Built
1928

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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 #202515329)

Price History

Date / Event Date Event Price
Jun 26, 2025 Sold
Premium
Sold
May 3, 2025 In contract -
In contract
Apr 16, 2025 Listed by Four Seasons Sotheby's International Realty $174,900
Listed by Four Seasons Sotheby's International Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1965
  • Bedroom Count: 2
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 224
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Total Building Area: 937
  • Gross Building Area: 937
  • Building Area: 937
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 937
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000490
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 25 TWP 25 DOMINICK PAT DB 944 PG 124

Neighborhood

  • School District Name: Minerva Central School District
  • School Tax School District: MINERVA
  • Census Tract: 961400

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 645J101915
  • District: 153400
  • Section: 154.15
  • Parcel: 153400 154.15-5-36.000
  • Block: 5
  • Lot: 36.000
  • Municipality: MINERVA
  • Latitude: 43.7909
  • Longitude: -73.9837

    Address

  • Full Address: 1706 State Route 28n
  • Address - House Number: 1706
  • Address - Street Name: State Route 28n
  • State: NY
  • City Name: Minerva
  • Zip Code: 12851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $141,444
  • Tax Rate Code Area: 153401

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 59
  • Final Value: 111,899
  • High Value: 143,742
  • Low Value: 80,056

    Market Valuation

  • Market Total Value: $81,300
  • Market Land Value: $30,876
  • Market Improvement Value: $50,424

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,200
  • Assessed Land Value: $27,800
  • Assessed Improvements Value: $45,400
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:

$241,950

Sale Price/ft²

$173

Below Asking

0.04%

Average Days on Market

81

Average Home Size

1790 ft²

Average Home Age

75 years

Currently For Sale

151 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
Four Seasons Sotheby's International Realty
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202515329
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 1706 State Rte 28N built and last sold?
The property at 1706 State Rte 28N was built in 1928 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1706 State Rte 28N is $0.
What are some comparable homes to 1706 State Rte 28N?
There are currently no comparable homes to 1706 State Rte 28N.
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