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Warren
502 Howe Road
$350,000
● Land - Off Market

502 Howe Road

Lake Luzerne, NY 12846
bedrooms
Studio
bathrooms
0 Bath
$1,980
Est. Monthly
3.38%
Cap Rate

About This Property

Have you been dreaming of owning property in the Adirondacks? These 162 acres have endless possibilities. Build your dream home, vacation get away, hunting cabin and enjoy  four seasons of paradise right from your front door. Driveway has been cut in and a building envelope has been cleared.  Minutes to Lake George, Great Sacandaga Lake and Saratoga Springs.
Unit Size
-
Days on Market
145 days
Land Size
162.20 acres
Price per sqft
-
Property Type
Land
Property Taxes
$270
HOA Dues
-
Year Built
-

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: 2 years ago (Global MLS #202512135)

Price History

Date / Event Date Event Price
Jul 11, 2025 Sold
Premium
Sold
Apr 8, 2025 In contract -
In contract
Feb 16, 2025 Listed by Thomas J Real Estate Inc $348,000
Listed by Thomas J Real Estate Inc
Nov 2, 2021 No longer available -
No longer available
Mar 16, 2021 Relisted $184,000
Relisted
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,065,432
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: A
  • Land Acres: 0000162200
  • Standard Land Use Code: 7010
  • County Land Use Code: 910
  • Legal Description 1: 19.-1-7

Neighborhood

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

Zoning

  • Zoning: OS/MULTI

Geography

  • District: 523200
  • Section: 293.00
  • Parcel: 523200 293.-1-27
  • Block: 1
  • Lot: 27.000
  • Municipality: LAKE LUZERNE
  • Latitude: 43.3522
  • Longitude: -73.7965

    Address

  • Full Address: 502 Howe Rd
  • Address - House Number: 502
  • Address - Street Name: Howe
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Lake Luzerne
  • Carrier Code: R002
  • 4-Digit Zip Code: 3007
  • Zip Code: 12846

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 523201

    Market Valuation

  • Market Total Value: $208,100
  • Market Land Value: $208,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,000
  • Assessed Land Value: $154,000

    Sales

  • Current Sale Contract Date: Aug 20, 2011
  • Current Sale Recording Date: Sep 02, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 01, 2008
  • Previous Sale Contract Date: Oct 30, 2008
  • Previous Sale Amount: $250,000
  • Previous 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 Warren

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$235

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2076 ft²

Average Home Age

56.1 years

Currently For Sale

419 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: Thomas J McGroder
Thomas J Real Estate Inc
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202512135
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 502 Howe Road built and last sold?
The property at 502 Howe Road was built in and last sold on Aug 20, 2011 for $165,000.
How much is this home worth?
The estimated value of the home located at 502 Howe Road is $0.
What are some comparable homes to 502 Howe Road?
There are currently no comparable homes to 502 Howe Road.
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