3 E High Pointe
About This Property
Great Sacandaga Lake & seclusion of the
Adirondacks. Enjoy your 3 season cozy rustic camp with triple lot, flagstone fireplace, woodstove, electric heat, new updated 200 amp electric service., unfinished loft for possible additional bedroom, property is on a dead end street surrounded by several trees for seclusion ,.has a triple lot for seclusion Overlook Beach Club membership offers private swim areas and clubhouse for $200 annual fee. It has 2-100' beach areas. Also owner has 10ft access of lake rights.
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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.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 13, 2024 | Sold | $210,000 | |
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| May 10, 2024 | Listed by Hunt ERA | $199,777 | |
| Listed by Hunt ERA | |||
Property Highlights
3 E High Pointe
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
- 1 Unit for Sale
About Saratoga
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Hunt ERA
Last Updated: 25 days ago
Data Source: Global MLS , MLS# 202417028
