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Essex
43 Whits End Way
$995,000
● House - Off Market

43 Whits End Way

Schroon, NY 12858
bedrooms
4 Beds
bathrooms
3 Baths
$1,133,538
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

This amazing Paradox Lake direct waterfront property features 131' of private expansive sandy beach and spectacular lake and mountain views. Immaculate, with 2440 sq. ft. of total living space, 4 bedrooms, 3 bathrooms and two family rooms, you can comfortably  host extended family and friends. Newly remodeled custom kitchen with granite counters, stainless steel gas range with downdraft, with high end cabinetry and large deck off kitchen  make entertaining a breeze.  Gleaming knotty pine wood floors and ceilings and a stone fireplace lend to the Adirondack cabin feel. Sold with furniture (not furnishings), great short term rental history as well.  Don't hesitate to view this magnificent turn key lake home. Take possession no sooner than August 31, 2022.
Unit Size
-
Days on Market
-
Land Size
1.56 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,014
HOA Dues
-
Year Built
1930

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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: 3 years ago (Global MLS #202220220)

Price History

Date / Event Date Event Price
Sep 14, 2022 Sold
Premium
Sold
Jun 15, 2022 Listed by Julie & Co Realty, LLC $1,089,900
Listed by Julie & Co Realty, LLC
Nov 25, 2020 Sold
Premium
Sold
Sep 28, 2020 Listed by Julie & Co Realty, LLC $895,000
Listed by Julie & Co Realty, LLC
Aug 25, 2008 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 2005
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 505
  • Garage Type: 1
  • Garage Square Area: 726
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 12

    Dimensions

  • Lot Size Square Feet: 67,954
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,976
  • Gross Building Area: 1,613
  • Building Area: 1,976
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,976
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001560
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 123 PARADOX TRACT

Neighborhood

  • School District Name: Schroon Lake Central School District
  • School Tax School District: SCHROON LAKE
  • Census Tract: 961300

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 695J102315
  • District: 154600
  • Section: 136.04
  • Parcel: 154600 136.4-2-4.100
  • Block: 2
  • Lot: 4.100
  • Municipality: SCHROON
  • Latitude: 43.8776
  • Longitude: -73.7078

    Address

  • Full Address: 43 Whits End Way
  • Address - House Number: 43
  • Address - Street Name: Whits End
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Schroon Lake
  • Zip Code: 12870

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,285,171
  • Tax Rate Code Area: 154601

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 59
  • Final Value: 1,215,779
  • High Value: 1,557,618
  • Low Value: 873,941

    Market Valuation

  • Market Total Value: $1,021,300
  • Market Land Value: $599,500
  • Market Improvement Value: $421,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,021,300
  • Assessed Land Value: $599,500
  • Assessed Improvements Value: $421,800

    Sales

  • Current Sale Contract Date: Sep 01, 2022
  • Current Sale Recording Date: Sep 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-4388
  • Previous Sale Recording Date: Nov 25, 2020
  • Previous Sale Contract Date: Nov 16, 2020
  • Previous Sale Amount: $860,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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:

$234,900

Sale Price/ft²

$156

Below Asking

0.05%

Average Days on Market

90

Average Home Size

1772 ft²

Average Home Age

73.5 years

Currently For Sale

114 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

Currently no nearby rentals
Global MLS

Listed by: Erin Steinbach
Julie & Co Realty, LLC
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202220220
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 43 Whits End Way built and last sold?
The property at 43 Whits End Way was built in 1930 and last sold on Sep 1, 2022 for $995,000.
How much is this home worth?
The estimated value of the home located at 43 Whits End Way is $1,100,799.
What are some comparable homes to 43 Whits End Way?
There are currently no comparable homes to 43 Whits End Way.
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