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Warren
175 GARNET LAKE Road
$175,000
● Land - Off Market

175 GARNET LAKE Road

Johnsburg, NY 12843
bedrooms
Studio
bathrooms
0 Bath
$205,513
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Lake front building lot. Beautiful lake views. Easy walk in swimming area. Ready to build drilled well and engineered septic in place. Garnet Lake,  clean and clear, swimming, boating and fishing. Close to Gore Mountain for skiing, dozens of NYS Hiking trails and any Adirondack adventure you can get yourself into. All approvals in place. Plan now for a spring building
Unit Size
-
Days on Market
-
Land Size
0.27 acres
Price per sqft
-
Property Type
Land
Property Taxes
$0
HOA Dues
-
Year Built
1920

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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: 3 years ago (Global MLS #202119679)

Price History

Date / Event Date Event Price
Mar 15, 2022 Sold
Premium
Sold
Jan 17, 2022 Sold
Premium
Sold
May 28, 2021 Listed by Pearsall Realty $190,000
Listed by Pearsall Realty
Jan 17, 2017 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 750
  • Total Building Area: 734
  • Building Area: 734
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 734
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 2
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000270
  • Standard Land Use Code: 8001
  • County Land Use Code: 314
  • Legal Description 1: COTTAGE 75'LAKEFRONT 87.-1-20

Neighborhood

  • School District Name: Johnsburg Central School District
  • School Tax School District: JOHNSBURG
  • Census Tract: 074000

Zoning

  • Zoning: RU8

Geography

  • District: 523000
  • Section: 178.04
  • Parcel: 523000 178.4-1-34
  • Block: 1
  • Lot: 34.000
  • Municipality: JOHNSBURG
  • Latitude: 43.5374
  • Longitude: -74.0122

    Address

  • Full Address: 175 Garnet Lake Rd
  • Address - House Number: 175
  • Address - Street Name: Garnet Lake
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Johnsburg
  • Carrier Code: H003
  • 4-Digit Zip Code: 2503
  • Zip Code: 12843

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $48,238
  • Tax Rate Code Area: 523001

    Market Valuation

  • Market Total Value: $33,000
  • Market Land Value: $33,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $28,400
  • Assessed Land Value: $28,400

    Sales

  • Current Sale Contract Date: Jan 14, 2022
  • Current Sale Recording Date: Mar 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-2201
  • Previous Sale Recording Date: Jan 17, 2017
  • Previous Sale Contract Date: Jan 10, 2017
  • Previous Sale Amount: $150,000
  • 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:

$375,000

Sale Price/ft²

$234

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2065 ft²

Average Home Age

56.8 years

Currently For Sale

405 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: Patricia Seitz McAlonen
Pearsall Realty
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202119679
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 175 Garnet Lake Road built and last sold?
The property at 175 Garnet Lake Road was built in 1920 and last sold on Jan 14, 2022 for $175,000.
How much is this home worth?
The estimated value of the home located at 175 Garnet Lake Road is $0.
What are some comparable homes to 175 Garnet Lake Road?
There are currently no comparable homes to 175 Garnet Lake Road.
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