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West Glens Falls 12804
223 Luzerne Road
$206,000
● House - Off Market

223 Luzerne Road

Queensbury, NY 12804
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,000 Ft²
$1,138
Est. Monthly
35.00%
Cap Rate

About This Property

Beautifully updated single-family home situated on a spacious double corner lot in Queensbury. This charming residence features three bedrooms, one bathroom, a welcoming living room, and a modern kitchen equipped with granite countertops and stainless steel appliances. Recent updates include a new roof and parking space for over three vehicles. Conveniently located just 30 minutes from Lake George, this property offers both comfort and accessibility. Don't miss this exceptional opportunity to own a quality home in a desirable area.
Unit Size
1,000 Ft²
Days on Market
86 days
Land Size
0.28 acres
Price per sqft
$200
Property Type
House
Property Taxes
$156
HOA Dues
-
Year Built
1950

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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: 12 months ago (Global MLS #202524702)

Price History

Date / Event Date Event Price
Nov 21, 2025 Sold
Premium
Sold
Sep 16, 2025 In contract -
In contract
Aug 26, 2025 Listed by Miranda Real Estate Group Inc $199,900
Listed by Miranda Real Estate Group Inc
May 24, 2024 Sold
Premium
Sold
Apr 19, 2024 In contract -
In contract
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 5
  • 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: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 824
  • Building Area: 824
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 824
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: RES. 100'RF&120'RF CORNOR LOT 127.-2-2

Neighborhood

  • School District Name: Queensbury Union Free School District
  • School Tax School District: QUEENSBURY
  • Census Tract: 070802

Zoning

  • Zoning: NR

Geography

  • District: 523400
  • Section: 308.12
  • Parcel: 523400 308.12-2-46
  • Block: 2
  • Lot: 46.000
  • Municipality: QUEENSBURY
  • Latitude: 43.3014
  • Longitude: -73.6892

    Address

  • Full Address: 223 Luzerne Rd
  • Address - House Number: 223
  • Address - Street Name: Luzerne
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Queensbury
  • Carrier Code: R004
  • 4-Digit Zip Code: 7962
  • Zip Code: 12804

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $193,779
  • Tax Rate Code Area: 523402

    Appraisal Valuation

  • Standard Deviation: 0.106
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 89
  • Final Value: 137,647
  • High Value: 152,241
  • Low Value: 123,053

    Market Valuation

  • Market Total Value: $98,200
  • Market Land Value: $29,401
  • Market Improvement Value: $68,799

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,500
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $58,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 05, 2012
  • Current Sale Recording Date: Jul 02, 2012
  • Current Sale Price:
    Premium
  • Current 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 West Glens Falls

Stats & Trends

Median Asking:

$327,000

Sale Price/ft²

$245

Below Asking

0.02%

Average Days on Market

66

Average Home Size

1932 ft²

Average Home Age

31.7 years

Currently For Sale

10 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: Moonrani G Gumani
Miranda Real Estate Group Inc
Last Updated: 12 months ago
Data Source: Global MLS , MLS# 202524702
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 223 Luzerne Road built and last sold?
The property at 223 Luzerne Road was built in 1950 and last sold on Jun 5, 2012 for $82,000.
How much is this home worth?
The estimated value of the home located at 223 Luzerne Road is $0.
What are some comparable homes to 223 Luzerne Road?
There are currently no comparable homes to 223 Luzerne Road.
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