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Washington
2409 Black Point Way
$1,800,000
● House - Off Market

2409 Black Point Way

Putnam, NY 12883
bedrooms
4 Beds
bathrooms
2 Baths
$1,995,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

This custom built ranch located on 34 acres on northern LG is a must see with stunning views of Rogers Rock and 370 ft of shoreline. Open floor plan with 4-5 bdrms./2 baths.  This very well insulated 4 season house has radiant heat throughout with a wood burning stove that is capable of heating the entire house. The patio that runs the entire length of the house, faces the west for those stunning Adirondack sunsets with ample room for outdoor entertaining, dining and relaxing. The   screened in porch to the entrance of the house also offers an area for lounging and entertaining. The front yard has a volleyball net and an irresistible custom made gymnasium.  The pictures tell the story of this spectacular house/property/location.
Unit Size
-
Days on Market
-
Land Size
34.68 acres
Price per sqft
-
Property Type
House
Property Taxes
$519
HOA Dues
-
Year Built
1996

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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 #202321757)

Price History

Date / Event Date Event Price
Nov 15, 2023 Sold
Premium
Sold
Sep 2, 2023 In contract -
In contract
Jul 31, 2023 Listed by Brannock Properties $1,995,000
Listed by Brannock Properties

Property Highlights

With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 1,510,661
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 3,700
  • Total Building Area: 3,822
  • Building Area: 3,822
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 3,822
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 1
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000034680
  • Standard Land Use Code: 1008
  • County Land Use Code: 240
  • Legal Description 1: FOUNDATION & LAND

Neighborhood

  • School District Name: Putnam Central School District
  • School Tax School District: PUTNAM
  • Census Tract: 961201

Zoning

  • Zoning: APA

Geography

  • Account Number: 945J100390
  • District: 534600
  • Section: 4.00
  • Parcel: 534600 4.-1-37
  • Block: 1
  • Lot: 37.000
  • Municipality: PUTNAM
  • Latitude: 43.7846
  • Longitude: -73.4553

    Address

  • Full Address: 2409 Black Point Rd
  • Address - House Number: 2409
  • Address - Street Name: Black Point
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Ticonderoga
  • Zip Code: 12883

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,106,469
  • Tax Rate Code Area: 534601

    Market Valuation

  • Market Total Value: $1,041,667
  • Market Land Value: $719,167
  • Market Improvement Value: $322,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $750,000
  • Assessed Land Value: $517,800
  • Assessed Improvements Value: $232,200

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 27, 2023
  • Current Sale Recording Date: Nov 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-5245

    Financing

  • First Mortgage Financing Type: ADJ
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:

$239,950

Sale Price/ft²

$165

Below Asking

0.03%

Average Days on Market

75

Average Home Size

2025 ft²

Average Home Age

91.2 years

Currently For Sale

169 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: Terry B Brannock
Brannock Properties
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202321757
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 2409 Black Point Road built and last sold?
The property at 2409 Black Point Road was built in 1996 and last sold on Oct 27, 2023 for $1,800,000.
How much is this home worth?
The estimated value of the home located at 2409 Black Point Road is $0.
What are some comparable homes to 2409 Black Point Road?
There are currently no comparable homes to 2409 Black Point Road.
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