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Essex 12998
466 Silver Hill Road
$85,000
● House - Off Market

466 Silver Hill Road

Queensbury, NY 12998
bedrooms
3 Beds
bathrooms
1 Bath
$174,416
RealtyHop Estimate
94.01%
Since Jan 1, 2005
National-US
Primary Model

About This Property

Country home on 44 acres. Updates done in 1999 include heat, electrical, windows, & vinyl siding. Very cute!
Unit Size
-
Days on Market
-
Land Size
44.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$124
HOA Dues
-
Year Built
1880

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 #84676)

Price History

Date / Event Date Event Price
Dec 27, 2023 Sold
Premium
Sold
Oct 25, 2023 In contract -
In contract
Aug 23, 2023 Price Decreased $179,500
↓ $6K (3%)
Price Decreased
Apr 2, 2023 Listed by Century 21 - Adirondacks $185,000
Listed by Century 21 - Adirondacks
Nov 16, 2020 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1965
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,790,316
  • Total Building Area: 1,012
  • Gross Building Area: 1,012
  • Building Area: 1,012
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,012
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000041100
  • Standard Land Use Code: 1008
  • County Land Use Code: 240
  • Legal Description 1: 45 IRON ORE TRACT LIFE EST JENNIE FIELDS

Neighborhood

  • School District Name: Moriah Central School District
  • School Tax School District: MORIAH
  • Census Tract: 961001

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 655J107203
  • District: 153600
  • Section: 86.03
  • Parcel: 153600 86.3-1-45.000
  • Block: 1
  • Lot: 45.000
  • Municipality: MORIAH
  • Latitude: 44.0851
  • Longitude: -73.5482

    Address

  • Full Address: 466 Silver Hill Rd
  • Address - House Number: 466
  • Address - Street Name: Silver Hill
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Witherbee
  • Carrier Code: R001
  • 4-Digit Zip Code: 1641
  • Zip Code: 12998

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $184,656
  • Tax Rate Code Area: 153601

    Appraisal Valuation

  • Standard Deviation: 0.1385
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 83
  • Final Value: 161,538
  • High Value: 184,127
  • Low Value: 138,950

    Market Valuation

  • Market Total Value: $141,700
  • Market Land Value: $69,184
  • Market Improvement Value: $72,516

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,300
  • Assessed Land Value: $51,900
  • Assessed Improvements Value: $54,400

    Sales

  • Current Sale Contract Date: Dec 13, 2023
  • Current Sale Recording Date: Dec 27, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-4700
  • Previous Sale Recording Date: Nov 16, 2020
  • Previous Sale Contract Date: Oct 28, 2020
  • Previous Sale Amount: $110,000
  • 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 Essex

Stats & Trends

Median Asking:

$239,000

Sale Price/ft²

$156

Below Asking

0.05%

Average Days on Market

90

Average Home Size

1790 ft²

Average Home Age

74.8 years

Currently For Sale

106 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: Angela M Brown
Century 21 - Adirondacks
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 84676
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 466 Silver Hill Road built and last sold?
The property at 466 Silver Hill Road was built in 1880 and last sold on Dec 13, 2023 for $155,000.
How much is this home worth?
The estimated value of the home located at 466 Silver Hill Road is $181,295.
What are some comparable homes to 466 Silver Hill Road?
There are currently no comparable homes to 466 Silver Hill Road.
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