$100,000
●
Land -
Off Market
279 Smith Road
Perth, NY 12010
Studio
0 Bath
$104,714
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model
About This Property
Looking for the perfect property for all your outdoor adventures?
This 16+ acre building lot has you covered! Located directly on the
snowmobile trail & featuring a state-of-the-art 24x40 spray foam
insulated garage with propane heat & 200amp electric service, this
lot has everything you need for your outdoor hobbies or future
home. The 10 foot doors & high ceiling can accommodate a lift. This
lot is split between the Town of Mayfield/Perth & is situated in
the Broadalbin School District. The property also includes a 600 sq
ft camp, located towards the rear of the property heated by a wood
stove. The camp is sold as-is & can only be accessed by 4
wheeler/snowmobile or by foot through the woods. Currently, the
garage can be accessed by a paved easement but a future driveway
could be built.
Unit Size
-
Days on Market
-
Land Size
16.82 acres
Price per sqft
-
Property Type
Land
Property Taxes
$140
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: 4 years ago (Global MLS #202226241)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2023 | Sold | ||
| Sold | |||
| Sep 8, 2022 | Listed by Inglenook Realty Inc | $105,000 | |
| Listed by Inglenook Realty Inc | |||
| Dec 15, 2021 | No longer available | - | |
| No longer available | |||
| Sep 9, 2021 | Listed by Spinnaker Realty Sales, LLC | $150,000 | |
| Listed by Spinnaker Realty Sales, LLC | |||
| | |||
|
18 acres on a total of three lots. 600 sq ft camp has two bedrooms, room for bath, and large living/dining/kitchen area. Needs well, septic, and elecrtric. Has wood stove. 24 x 40 pole barn with concrete floor, two overhead doors with openers, and furnace. Access is on Smith Road (60') and by pole barn off driveway of 275 Smith Road (deeded access). The manager has listed the unit size as 600 square feet.
| |||
| Jul 20, 2021 | Listed by Spinnaker Realty Sales, LLC | $150,000 | |
| Listed by Spinnaker Realty Sales, LLC | |||
| | |||
|
18 acres on a total of three lots. 60' of road frontage on Smith Road. Also has deeded access over driveway at 275 Smith Road and frontage on driveway where the pole barn is. Pole barn is 24 x 40 with concrete floor, two overhead doors with openers, and furnace. 600 sq ft camp has two bedrooms, bath, and large living area. Has wood stove but no water, septic, or electric. Surveyed.
| |||
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Property Highlights
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Fulton
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Listed by: Robert Gordon
Inglenook Realty Inc
Last Updated: 4 years ago
Data Source: Global MLS , MLS# 202226241
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.
Inglenook Realty Inc
Last Updated: 4 years ago
Data Source: Global MLS , MLS# 202226241
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017