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Essex
51 Sequoia Mountain Lane
$390,000
● House - Off Market

51 Sequoia Mountain Lane

Jay, NY 12941
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,352 Ft²
$2,391
Est. Monthly
4.23%
Cap Rate

About This Property

This inviting 2-bed, 2-bath Adirondack chalet blends comfort, character, and natural beauty-ideal for a weekend escape or year-round living. The open-concept main level features an updated kitchen, light-filled living space, and warm wood finishes that create a cozy, mountain-lodge feel. The finished basement offers additional living space-perfect for guests, a home office, or recreation room. Step outside to a peaceful, wooded lot complete with a fire pit area, ideal for evenings under the stars. With nearby trails and outdoor activities at your fingertips, you're just 30 from the Village of Lake Placid. Adventure, relaxation, and Adirondack charm all in one.
Unit Size
1,352 Ft²
Days on Market
42 days
Land Size
0.80 acres
Price per sqft
$288
Property Type
House
Property Taxes
$475
HOA Dues
-
Year Built
1982

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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 #202515442)

Price History

Date / Event Date Event Price
May 29, 2025 Sold
Premium
Sold
Apr 22, 2025 In contract -
In contract
Apr 17, 2025 Listed by KW Platform $390,000
Listed by KW Platform
Jan 26, 2023 Sold
Premium
Sold
Jan 14, 2023 No longer available -
No longer available
Show More

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 3
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 520
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,848
  • Total Building Area: 832
  • Gross Building Area: 680
  • Building Area: 832
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 832
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000800
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 152 JAY TRACT

Neighborhood

  • School District Name: AuSable Valley Central School District
  • Census Tract: 960200

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 615J100306
  • District: 152800
  • Section: 17.23
  • Parcel: 152800 17.23-5-4.000
  • Block: 5
  • Lot: 4.000
  • Municipality: JAY
  • Latitude: 44.429
  • Longitude: -73.7388

    Address

  • Full Address: 51 Sequoia Mountain Ln
  • Address - House Number: 51
  • Address - Street Name: Sequoia Mountain
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Jay
  • Zip Code: 12941

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $354,907
  • Tax Rate Code Area: 92201

    Appraisal Valuation

  • Standard Deviation: 0.1385
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 83
  • Final Value: 279,810
  • High Value: 318,937
  • Low Value: 240,683

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $115,000
  • Market Improvement Value: $165,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $280,000
  • Assessed Land Value: $115,000
  • Assessed Improvements Value: $165,000

    Sales

  • Current Sale Contract Date: Jan 11, 2023
  • Current Sale Recording Date: Jan 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-325
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:

$241,950

Sale Price/ft²

$173

Below Asking

0.04%

Average Days on Market

81

Average Home Size

1790 ft²

Average Home Age

75 years

Currently For Sale

151 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: Alicia Griffin
KW Platform
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202515442
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 51 Sequoia Mountain Lane built and last sold?
The property at 51 Sequoia Mountain Lane was built in 1982 and last sold on Jan 11, 2023 for $280,000.
How much is this home worth?
The estimated value of the home located at 51 Sequoia Mountain Lane is $0.
What are some comparable homes to 51 Sequoia Mountain Lane?
There are currently no comparable homes to 51 Sequoia Mountain Lane.
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