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Essex
261 Chipmunk Lane
$290,000
● House - Off Market

261 Chipmunk Lane

Moriah, NY 12998
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,728 Ft²
$2,154
Est. Monthly
7.72%
Cap Rate

About This Property

Picture Perfect Log Sided Ranch Home With Peace & Quiet- Situated on 49 plus acres with 2,064 Ft. on McKee Brook. Offering a wonderful open floor plan featuring 3 bdrms, 2 Full baths, laundry rm, inviting deck, dry full basement and much more. The gourmet kitchen w/island over- looks the living & dining room highlighted by a beautiful stone fireplace. This home has everything any homeowner would want. Located on a quiet country road with nature at your doorstep. A perfect location for the outdoor enthusiast. Close to beautiful Lake Champlain, NY/VT Bridge, Whieface & Gore ski slopes, Lake George, Lake Placid, and I-87.

Can be purchased with or without furnishings. A dream come true!
Unit Size
1,728 Ft²
Days on Market
92 days
Land Size
49.22 acres
Price per sqft
$188
Property Type
House
Property Taxes
$558
HOA Dues
-
Year Built
2003

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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: 2 years ago (Global MLS #202518799)

Price History

Date / Event Date Event Price
Sep 19, 2025 Sold
Premium
Sold
Jul 13, 2025 In contract -
In contract
Jun 19, 2025 Relisted $325,000
Relisted
Jun 9, 2025 In contract -
In contract
Jun 3, 2025 Listed by Country Road Real Estate $325,000
Listed by Country Road Real Estate
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 2,112,660
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000048500
  • Standard Land Use Code: 1008
  • County Land Use Code: 240
  • Legal Description 1: 19 SMALLS PATENT

Neighborhood

  • School District Name: Moriah Central School District
  • School Tax School District: MORIAH
  • Census Tract: 961001

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 655J112213
  • District: 153600
  • Section: 96.02
  • Parcel: 153600 96.2-2-1.000
  • Block: 2
  • Lot: 1.000
  • Municipality: MORIAH
  • Latitude: 44.0657
  • Longitude: -73.5429

    Address

  • Full Address: 261 Chipmunk Ln
  • Address - House Number: 261
  • Address - Street Name: Chipmunk
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Moriah Center
  • Zip Code: 12961

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $353,643
  • Tax Rate Code Area: 153601

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 59
  • Final Value: 367,335
  • High Value: 471,866
  • Low Value: 262,805

    Market Valuation

  • Market Total Value: $309,200
  • Market Land Value: $82,267
  • Market Improvement Value: $226,933

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,900
  • Assessed Land Value: $61,700
  • Assessed Improvements Value: $170,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 26, 2000
  • Current Sale Recording Date: Jul 06, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Mar 20, 2000
  • Previous Sale Contract Date: Mar 11, 2000
  • Previous Sale Amount: $27,260
  • 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 Essex

Stats & Trends

Median Asking:

$239,000

Sale Price/ft²

$156

Below Asking

0.05%

Average Days on Market

90

Average Home Size

1790 ft²

Average Home Age

74.8 years

Currently For Sale

106 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: Barbara Supernault
Country Road Real Estate
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202518799
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 261 Chipmunk Lane built and last sold?
The property at 261 Chipmunk Lane was built in 2003 and last sold on Jun 26, 2000 for $39,900.
How much is this home worth?
The estimated value of the home located at 261 Chipmunk Lane is $328,532.
What are some comparable homes to 261 Chipmunk Lane?
There are currently no comparable homes to 261 Chipmunk Lane.
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