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Washington 12865
20 Smith Lane
Photo of 20 Smith Lane
Sold on Jul 2, 2018

1

Map

$130,000
● House - Off Market

20 Smith Lane

Salem, NY 12865
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,390 Ft²
$234,368
RealtyHop Estimate
51.30%
Since Aug 1, 2018
National-US
Primary Model

About This Property

Country home, private setting. 4 bedroom,2 bath with 1st floor master. Large country kitchen w/ updated cabinets, large center island and newer appliances. 22x16 Screened in porch w/ bar off kitchen. Living room w/ 18x6 sun room . 12x6 mudroom. 3 car garage all on 8.78 acres. Gentlemen farm/ hayfields , organic land, plenty room for a garden. Lots of wildlife. Close to VT. and Glens Falls. A great price so you can add your own personal touch.
Unit Size
2,390 Ft²
Days on Market
354 days
Land Size
8.00 acres
Price per sqft
$65
Property Type
House
Property Taxes
$348
HOA Dues
-
Year Built
1880

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 days ago (Global MLS #172382)

Price History

Date / Event Date Event Price
Jul 2, 2018 Sold
Premium
Sold
Jul 13, 2017 Listed by Coldwell Banker Prime Properties $154,900
Listed by Coldwell Banker Prime Properties

Property Highlights

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1980
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • 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: 640
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 380,279
  • Lot Size Frontage Feet: 4,210
  • Total Building Area: 2,390
  • Building Area: 2,390
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,390
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000008730
  • Standard Land Use Code: 1008
  • County Land Use Code: 240
  • Legal Description 1: HOUSE/LOT/BARN

Neighborhood

  • School District Name: Hartford Central School District
  • School Tax School District: HARTFORD
  • Census Tract: 086000

Zoning

  • Zoning: HEBRON

Geography

  • Account Number: 915J100135
  • District: 534000
  • Section: 159.00
  • Parcel: 534000 159.-1-32
  • Block: 1
  • Lot: 32.000
  • Municipality: HEBRON
  • Latitude: 43.2943
  • Longitude: -73.3731

    Address

  • Full Address: 20 Smith Ln
  • Address - House Number: 20
  • Address - Street Name: Smith
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Salem
  • Carrier Code: R002
  • 4-Digit Zip Code: 5001
  • Zip Code: 12865

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $406,509
  • Tax Rate Code Area: 533801

    Appraisal Valuation

  • Standard Deviation: 0.1347
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 47
  • Final Value: 213,336
  • High Value: 289,320
  • Low Value: 137,353

    Market Valuation

  • Market Total Value: $172,561
  • Market Land Value: $64,634
  • Market Improvement Value: $107,927

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $141,500
  • Assessed Land Value: $53,000
  • Assessed Improvements Value: $88,500

    Sales

  • Current Sale Contract Date: Jul 02, 2018
  • Current Sale Recording Date: Jul 03, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 000000120767
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 Washington

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$164

Below Asking

0.03%

Average Days on Market

74

Average Home Size

2020 ft²

Average Home Age

90.2 years

Currently For Sale

170 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: Brenda St Louis
Coldwell Banker Prime Properties
Last Updated: 2 days ago
Data Source: Global MLS , MLS# 172382
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 20 Smith Lane built and last sold?
The property at 20 Smith Lane was built in 1880 and last sold on Jul 2, 2018 for $130,000.
How much is this home worth?
The estimated value of the home located at 20 Smith Lane is $156,449.
What are some comparable homes to 20 Smith Lane?
There are currently no comparable homes to 20 Smith Lane.
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