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Lake Luzerne
4 7TH Avenue
Photo of 4 7TH Avenue
Sold on Sep 24, 2019

1

Map

$30,000
● House - Off Market

4 7TH Avenue

Lake Luzerne, NY 12846
bedrooms
Studio
bathrooms
0 Bath
square feet
1,700 Ft²
$80,610
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model

About This Property

Contractors take notice, flippers beware, second home owners heads up... Here is a great opportunity to finish a project once started by the home owners. New roof, windows and electrical panel. The rest of the home is studded and waiting for you to finish... Make it a summer getaway or year round home. Walking distance to Lake Luzerne public beaches, short drive to local golf course & hiking trails. Sold as is.  Also included with purchase is a small .29 acre lot to the west on Circular St.  SBL # 298-3-1 -- Shell Condition
Unit Size
1,700 Ft²
Days on Market
132 days
Land Size
0.26 acres
Price per sqft
$32
Property Type
House
Property Taxes
$183
HOA Dues
-
Year Built
1950

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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: 8 days ago (Global MLS #201919543)

Price History

Date / Event Date Event Price
Aug 17, 2021 Sold
Premium
Sold
May 11, 2021 Listed by KW Platform $56,500
Listed by KW Platform
Sep 26, 2019 Sold
Premium
Sold
May 15, 2019 Listed by KW Platform $55,000
Listed by KW Platform
Jul 19, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1990
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,700
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 5

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • Standard Land Use Code: 1012
  • County Land Use Code: 260
  • Legal Description 1: CAMP 30.-1-14

Neighborhood

  • School District Name: Hadley-Luzerne Central School District
  • School Tax School District: HADLEY-LUZERNE
  • Census Tract: 071000

Zoning

  • Zoning: HR

Geography

  • District: 523200
  • Section: 298.19
  • Parcel: 523200 298.19-1-79
  • Block: 1
  • Lot: 79.000
  • Municipality: LAKE LUZERNE
  • Latitude: 43.3167
  • Longitude: -73.8366

    Address

  • Full Address: 4 7th Ave
  • Address - House Number: 4
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Lake Luzerne
  • Zip Code: 12846

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $201,371
  • Tax Rate Code Area: 523201

    Appraisal Valuation

  • Standard Deviation: 0.1417
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 71
  • Final Value: 184,174
  • High Value: 210,284
  • Low Value: 158,063

    Market Valuation

  • Market Total Value: $168,900
  • Market Land Value: $66,209
  • Market Improvement Value: $102,691

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,000
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $76,000

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Aug 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-7036
  • Previous Sale Recording Date: Sep 26, 2019
  • Previous Sale Contract Date: Sep 17, 2019
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: 71
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 Lake Luzerne

Stats & Trends

Median Asking:

$299,750

Sale Price/ft²

$238

Below Asking

0.01%

Average Days on Market

72

Average Home Size

1437 ft²

Average Home Age

64.5 years

Currently For Sale

11 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

Click here to view more rentals in the neighborhood.
Global MLS

Listed by: Penny Berg
KW Platform
Last Updated: 8 days ago
Data Source: Global MLS , MLS# 201919543
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 4 7th Avenue built and last sold?
The property at 4 7th Avenue was built in 1950 and last sold on Aug 3, 2021 for $58,000.
How much is this home worth?
The estimated value of the home located at 4 7th Avenue is $57,065.
What are some comparable homes to 4 7th Avenue?
There are currently no comparable homes to 4 7th Avenue.
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