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Essex 12912
396 Grove Road
$95,730
● House - Off Market

396 Grove Road

Jay, NY 12912
bedrooms
2 Beds
bathrooms
1 Bath
$185,700
RealtyHop Estimate
86.63%
Since Dec 1, 2014
National-US
Primary Model

About This Property

Affordable starter or retirement home, Ausable School System, owner motivated. Quaint town as your home base and enjoy Lake Placid to your west and Plattsburg to your east. Jay is home to the 'covered bridge, summer concerts and craft shops. '
Unit Size
-
Days on Market
-
Land Size
0.70 acres
Price per sqft
-
Property Type
House
Property Taxes
$170
HOA Dues
-
Year Built
1972

Payment Calculator

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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: 3 years ago (Global MLS #127081)

Price History

Date / Event Date Event Price
Nov 26, 2014 Sold
Premium
Sold
Aug 27, 2014 Listed by Adirondack Ctry Hms Realty Inc $99,500
Listed by Adirondack Ctry Hms Realty Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • 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: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,492
  • Total Building Area: 1,058
  • Gross Building Area: 1,058
  • Building Area: 1,058
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,058
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000700
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 158 MAULES PATENT

Neighborhood

  • School District Name: AuSable Valley Central School District
  • Census Tract: 960200

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 615J174112
  • District: 152800
  • Section: 8.03
  • Parcel: 152800 8.3-1-68.000
  • Block: 1
  • Lot: 68.000
  • Municipality: JAY
  • Latitude: 44.445
  • Longitude: -73.6419

    Address

  • Full Address: 396 Grove Rd
  • Address - House Number: 396
  • Address - Street Name: Grove
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Au Sable Forks
  • Carrier Code: H002
  • 4-Digit Zip Code: 4607
  • Zip Code: 12912

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $263,621
  • Tax Rate Code Area: 092201

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 55
  • Final Value: 215,537
  • High Value: 282,096
  • Low Value: 148,977

    Market Valuation

  • Market Total Value: $119,300
  • Market Land Value: $53,700
  • Market Improvement Value: $65,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,300
  • Assessed Land Value: $53,700
  • Assessed Improvements Value: $65,600

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 12, 2014
  • Current Sale Recording Date: Nov 26, 2014
  • Current Sale Price:
    Premium
  • Current 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:

$232,450

Sale Price/ft²

$156

Below Asking

0.05%

Average Days on Market

90

Average Home Size

1773 ft²

Average Home Age

72.8 years

Currently For Sale

113 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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Global MLS

Listed by: Darleen B March
Adirondack Ctry Hms Realty Inc
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 127081
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 396 Grove Road built and last sold?
The property at 396 Grove Road was built in 1972 and last sold on Nov 12, 2014 for $99,500.
How much is this home worth?
The estimated value of the home located at 396 Grove Road is $0.
What are some comparable homes to 396 Grove Road?
There are currently no comparable homes to 396 Grove Road.
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