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Otsego 12155
418 Lake Road
Photo of 418 Lake Road

7

Map

Photo of 418 Lake Road
Photo of 418 Lake Road
$39,000
● House - For Sale

418 Lake Road

Maryland, NY 12155
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,911 Ft²
$464
Est. Monthly

About This Property

The Crystal House. Formally a beautiful old world style home that has fallen into disrepair. This home will most likely require demolition and a new structure (with town/county approvals) can be done. It's a great location, 25 minutes to Cooperstown Dreams Park, 23 minutes to All Star Village in Oneonta. Great lot, over half an acre, quiet neighborhood street, beautiful mature trees at the property lines and lots of space to create a wonderful home. *The property is not safe to enter, the roof is in the living room, the floors are soft. Please do not enter at the owner's request.
Unit Size
1,911 Ft²
Days on Market
17 days
Land Size
0.68 acres
Price per sqft
$20
Property Type
House
Property Taxes
$272
HOA Dues
-
Year Built
1910

Listed By

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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: 16 days ago (NYSAMLS #R1722506)

Price History

Date / Event Date Event Price
Oct 22, 2026 Listed by Keller Williams Upstate NY Properties $39,000
Listed by Keller Williams Upstate NY Properties

Property Highlights

Parking Details
Parking Features: No Garage
Interior Details
Full Bathrooms: 1
Interior Features: Other, See Remarks, GalleyKitchen
Appliances: OilWaterHeater
Flooring Type: Other, See Remarks
Rooms: 7
Basement: Partial
Exterior Details
Square Footage: 1911
Property Condition: Resale
Architectural Style: TwoStory
Year Built: 1910
Building Area Total: 1911
Levels: Two
Construction Materials: Block, Concrete
Lot Features: Irregular Lot, ResidentialLot
Lot Size Area: 0.68
Lot Size Units: Acres
Lot Size Acres: 0.68
Lot Size Square Feet: 29621
Lot Size Dimensions: 228X129
Tax Lot: 12
Water Source: Well
Financial Details
Tax Assessed Value: $60,100
Tax Annual Amount: $3,269
Utilities Details
Heating Type: Oil, Forced Air
Sewer : Septic Tank

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,621
  • Lot Size Frontage Feet: 2,280
  • Total Building Area: 1,911
  • Building Area: 1,911
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,911
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000680
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 994 0 0

Neighborhood

  • School District Name: Schenevus Central School District
  • School Tax School District: SCHENEVUS
  • Census Tract: 590701

Zoning

  • Zoning: R1

Geography

  • Account Number: 058800
  • District: 363600
  • Section: 230.00
  • Parcel: 363600 230.00-2-12.00
  • Block: 2
  • Lot: 12.000
  • Municipality: MARYLAND
  • Latitude: 42.543
  • Longitude: -74.82

    Address

  • Full Address: 418 Lake Rd
  • Address - House Number: 418
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenevus
  • Carrier Code: R002
  • 4-Digit Zip Code: 3819
  • Zip Code: 12155

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $0
  • Tax Rate Code Area: 363601

    Appraisal Valuation

  • Standard Deviation: 0.1298
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 108,151
  • High Value: 122,190
  • Low Value: 94,111

    Market Valuation

  • Market Total Value: $71,548
  • Market Land Value: $11,905
  • Market Improvement Value: $59,643

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,100
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $50,100

    Exemptions

  • Homeowner Exemption: Yes
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 Otsego

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$152

Below Asking

0.03%

Average Days on Market

95

Average Home Size

2322 ft²

Average Home Age

97.3 years

Currently For Sale

220 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

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NYSAMLS

Last Updated: 16 days ago
Data Source: NYSAMLSs, MLS# R1722506

Frequently Asked Questions

When was property at 418 Lake Road built and last sold?
The property at 418 Lake Road was built in 1910 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 418 Lake Road is $51,925.
What are some comparable homes to 418 Lake Road?
There are currently no comparable homes to 418 Lake Road.
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