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Schroon Lake 12870
0 MAYERSOHN Way
$260,000
● Land - Off Market

0 MAYERSOHN Way

Schroon, NY 12870
bedrooms
Studio
bathrooms
0 Bath
$296,359
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

The best of all worlds.  One of a kind lot with lakerights to 168' Schroon Lake sandy beach, lake views, and docking.  No roads to cross.  Just under 1/2 acre.  Community water system.  Has scenic easement (see deed). Deeded Access W/Dock, Dock
Unit Size
-
Days on Market
-
Land Size
0.47 acres
Price per sqft
-
Property Type
Land
Property Taxes
$143
HOA Dues
-
Year Built
1919

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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 years ago (Global MLS #202125348)

Price History

Date / Event Date Event Price
Dec 1, 2021 Sold
Premium
Sold
Aug 4, 2021 Listed by Gallo Realty ADK Inc. $269,000
Listed by Gallo Realty ADK Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 1919
  • Effective Year Built: 2005
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 873
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Depth Feet: 2,050
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,890
  • Gross Building Area: 1,890
  • Building Area: 1,890
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,890
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: ROAD PAT LOT 1 SUBLOT 7

Neighborhood

  • School District Name: Schroon Lake Central School District
  • School Tax School District: SCHROON LAKE
  • Census Tract: 961300

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 695J174039
  • District: 154600
  • Section: 156.08
  • Parcel: 154600 156.8-2-26.000
  • Block: 2
  • Lot: 26.000
  • Municipality: SCHROON
  • Latitude: 43.8079
  • Longitude: -73.7728

    Address

  • Full Address: 23 Mayerson Way
  • Address - House Number: 23
  • Address - Street Name: Mayerson
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Schroon Lake
  • Zip Code: 12870

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,577,317
  • Tax Rate Code Area: 154601

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 59
  • Final Value: 1,584,315
  • High Value: 2,035,154
  • Low Value: 1,133,476

    Market Valuation

  • Market Total Value: $1,250,900
  • Market Land Value: $592,200
  • Market Improvement Value: $658,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,250,900
  • Assessed Land Value: $592,200
  • Assessed Improvements Value: $658,700
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 Schroon Lake

Stats & Trends

Median Asking:

$489,450

Sale Price/ft²

$359

Below Asking

0.05%

Average Days on Market

93

Average Home Size

1827 ft²

Average Home Age

22.1 years

Currently For Sale

8 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: Roger M Friedman
Gallo Realty ADK Inc.
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202125348
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 23 Mayersohn Way built and last sold?
The property at 23 Mayersohn Way was built in 1919 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 23 Mayersohn Way is $271,690.
What are some comparable homes to 23 Mayersohn Way?
There are currently no comparable homes to 23 Mayersohn Way.
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