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St. Lawrence 13654
261 Mitchell Road
$78,000
● House - Off Market

261 Mitchell Road

Macomb, NY 13654
bedrooms
2 Beds
bathrooms
1 Bath
square feet
720 Ft²
$117,253
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

Black Lake cabin on quiet lot set behind Jenny's Island. Electrical work, insulation, flooring, bathroom, water system & septic all completed in 2018. 50-60' P.T. Dock is staying. 1000 gal. concrete septic system and leach field. Black Lake is a great fishing and boating lake. Come enjoy the sweet life. Portable A/C unit is included. Floors are not insulated.
Unit Size
720 Ft²
Days on Market
105 days
Land Size
0.60 acres
Price per sqft
$111
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1988

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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: 5 months ago (NYSAMLS #S1185001)

Price History

Date / Event Date Event Price
Jul 22, 2019 Sold
Premium
Sold
Apr 8, 2019 Listed by Heart Homes Real Estate $79,900
Listed by Heart Homes Real Estate
Jul 16, 2018 Sold
Premium
Sold
Feb 7, 2018 Listed by Heart Homes Real Estate $89,900
Listed by Heart Homes Real Estate

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 1
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 26,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 720
  • Building Area: 720
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 720
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000596
  • Standard Land Use Code: 1012
  • County Land Use Code: 260

Neighborhood

  • School District Name: Morristown Central School District
  • School Tax School District: MORRISTOWN
  • Census Tract: 491700

Geography

  • Account Number: 405400 98.063-1-1
  • District: 405400
  • Section: 98.63
  • Parcel: 405400 98.063-1-1
  • Block: 1
  • Lot: 1.000
  • Municipality: MACOMB
  • Latitude: 44.5273
  • Longitude: -75.5746

    Address

  • Full Address: 261 Mitchell Rd
  • Address - House Number: 261
  • Address - Street Name: Mitchell
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Heuvelton
  • Zip Code: 13654

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $297,041
  • Tax Rate Code Area: 406001

    Appraisal Valuation

  • Standard Deviation: 0.459
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 8
  • Final Value: 70,294
  • High Value: 102,562
  • Low Value: 38,025

    Market Valuation

  • Market Total Value: $125,476
  • Market Land Value: $78,571
  • Market Improvement Value: $46,905

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $52,700
  • Assessed Land Value: $33,000
  • Assessed Improvements Value: $19,700

    Sales

  • Current Sale Contract Date: Jul 17, 2019
  • Current Sale Recording Date: Jul 22, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R-2019-00009827
  • Previous Sale Recording Date: Jul 16, 2018
  • Previous Sale Contract Date: Jun 11, 2018
  • Previous Sale Amount: $82,000
  • Previous Sale Document Type: 27

    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 St. Lawrence

Stats & Trends

Median Asking:

$199,999

Sale Price/ft²

$125

Below Asking

0.08%

Average Days on Market

107

Average Home Size

2260 ft²

Average Home Age

80.3 years

Currently For Sale

65 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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NYSAMLS

Last Updated: 5 months ago
Data Source: NYSAMLSs, MLS# S1185001

Frequently Asked Questions

When was property at 261 Mitchell Road built and last sold?
The property at 261 Mitchell Road was built in 1988 and last sold on Jul 17, 2019 for $78,000.
How much is this home worth?
The estimated value of the home located at 261 Mitchell Road is $84,588.
What are some comparable homes to 261 Mitchell Road?
There are currently no comparable homes to 261 Mitchell Road.
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