$240,000
●
House -
Off Market
173 Severance Road
Schroon Lake, NY 12870
4 Beds
1 Bath,
1
Half Bath
1,500 Ft²
$258,375
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model
About This Property
This immaculately maintained 4 bed, 1.5 bath has so much to offer.
Beautiful living room with propane fireplace insert. Peaceful 3
season front porch is just calling you for your morning coffee.
Boasts an oversized formal dining room off the galley kitchen,
perfect for entertaining at family gatherings. First floor bed
could also be used as a playroom or home office. Upstairs you'll
find three more bedrooms and if that's not enough space for your
family there is a third story that could easily be finished for
additional living space. Outside you'll find a large wrap around
deck, massive detached garage, two additional outbuildings all
overlooking you private back yard. 220 service in basement and
house wired generator. Truly too much to list. This is a must see.
Book today!
Unit Size
1,500 Ft²
Days on Market
51 days
Land Size
1.70 acres
Price per sqft
$167
Property Type
House
Property Taxes
$187
HOA Dues
-
Year Built
1920
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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: 11 months ago (Global MLS #202220736)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 24, 2025 | Sold | ||
| Sold | |||
| Jul 16, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Listed by Continental RE Group, Inc | $288,800 | |
| Listed by Continental RE Group, Inc | |||
| | |||
|
This beautifully maintained 4 bedroom, 1. bathroom home offers a wealth of features. The spacious living room features a propane fireplace insert, perfect for cozy evenings. Enjoy your morning coffee on the tranquil 3-season front porch. The oversized formal dining rm, adjacent to the galley kit, is ideal for hosting gatherings. The 1st-floor bedroom can also serve as a playroom or home office. Upstairs, you'll find three additional bdrms & if that's not enough space, the 3rd floor offers potential for even more living area, easily customizable to fit your needs. Outside, you'll discover a large wraparound deck, a massive detached garage and two additional outbuildings, all overlooking the private backyard. The home also features 220 service in the basement & s wired for a generator.
| |||
| Aug 16, 2022 | Sold | ||
| Sold | |||
| Jun 22, 2022 | Listed by Howard Hanna | $249,900 | |
| Listed by Howard Hanna | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Essex
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Listed by: Nikki Becker
Howard Hanna
Last Updated: 11 months ago
Data Source: Global MLS , MLS# 202220736
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.
Howard Hanna
Last Updated: 11 months ago
Data Source: Global MLS , MLS# 202220736
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017