Essex
27 Cedar Point Way
$159,000
●
Land -
Off Market
27 Cedar Point Way
Crown Point, NY 12928
Studio
0 Bath
$162,671
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model
About This Property
Beautiful buildable lake front lot! 200' on Lake Champlain. 1.15
level acres with gravel for drainage in place. Buried electric and
phone lines on site. 200-amp service. Submersible pump in lake for
water supply. New 60 Feet of dock. 5 sections of 10' ez-dock with a
10' gang way taking you out to the deeper water for larger boat
docking. Currently there is a 2009 29' Keystone Cougar camper
included, and room to park others for the whole family to enjoy
this peaceful spot on the lake. You can also build your dream camp,
or full-time residential home here to enjoy the beautiful sunrises
over the lake every morning with your coffee. Whether you're
looking for camping, part time get a way, or full-time home you
cannot beat the views and peacefulness of this great location!
Unit Size
-
Days on Market
-
Land Size
1.15 acres
Price per sqft
-
Property Type
Land
Property Taxes
$165
HOA Dues
-
Year Built
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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 #202217797)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2022 | Sold | ||
| Sold | |||
| May 15, 2022 | Listed by Glebus Realty Inc. | $159,000 | |
| Listed by Glebus Realty Inc. | |||
| Jul 22, 2019 | Sold | ||
| Sold | |||
| Apr 6, 2018 | Listed by Glebus Realty Inc. | $119,000 | |
| Listed by Glebus Realty Inc. | |||
| | |||
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Lakefront Vacation property with 200' direct lakefront on Lake Champlain with 39' Newmar Fifth Wheeler Camper, buried electric & phone lines on site, water system with submersible pump 150' +- out into the lake used for showers & dish washing, There is a double house filtration system to keep the water clear ,great fishing, minutes to state boat launch and historic points of interests namely, Fort Crown Point & Fort St, Frederick, cross the Lake Champlain Bridge and you can travel to Burlington or Middlebury Vermont. Build your Log Home on this site if desired or use the 39' Newmar Camper on site for accommodations which is included in the sale.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Essex
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Listed by: Brenda Wells
Glebus Realty Inc.
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202217797
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.
Glebus Realty Inc.
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202217797
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017