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Essex
52 RIVER Road
$169,000
● House - Off Market

52 RIVER Road

Schroon, NY 12870
bedrooms
9 Beds
bathrooms
3 Baths
$205,516
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Steps from Paradox Lake.  Built in the late 1800's this 3,400+/- sq.ft. 2 story home, known as Stockton Cottage, is a quick stroll to the Severance Beach Association -- has membership.  Includes 8-9 bedrooms, 3 baths, living room with stone gas fireplace, formal dining room, large country kitchen, 2 office areas, several large porches.  Barn/garage.  On level 2.5 acres great for a garden or romping in the yard.  Needs some work but worth it. Fair Condition
Unit Size
-
Days on Market
-
Land Size
2.50 acres
Price per sqft
-
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1890

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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 #202034636)

Price History

Date / Event Date Event Price
Apr 19, 2021 Sold
Premium
Sold
Dec 17, 2020 Listed by Friedman Realty $169,000
Listed by Friedman Realty

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1970
  • Bedroom Count: 9
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • 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: 108,900
  • Total Building Area: 3,350
  • Gross Building Area: 3,350
  • Building Area: 3,350
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,350
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002500
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 14 ROAD PATENT

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: 695J111412
  • District: 154600
  • Section: 136.14
  • Parcel: 154600 136.14-3-1.000
  • Block: 3
  • Lot: 1.000
  • Municipality: SCHROON
  • Latitude: 43.8796
  • Longitude: -73.7307

    Address

  • Full Address: 52 River Rd
  • Address - House Number: 52
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schroon Lake
  • Zip Code: 12870

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $254,144
  • Tax Rate Code Area: 154601

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 50
  • Final Value: 241,428
  • High Value: 322,927
  • Low Value: 159,929

    Market Valuation

  • Market Total Value: $202,000
  • Market Land Value: $47,100
  • Market Improvement Value: $154,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,000
  • Assessed Land Value: $47,100
  • Assessed Improvements Value: $154,900

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: Apr 19, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-1955
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

91

Average Home Size

1764 ft²

Average Home Age

72.9 years

Currently For Sale

112 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: Roger Friedman
Friedman Realty
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202034636
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 52 River Road built and last sold?
The property at 52 River Road was built in 1890 and last sold on Mar 31, 2021 for $169,000.
How much is this home worth?
The estimated value of the home located at 52 River Road is $0.
What are some comparable homes to 52 River Road?
There are currently no comparable homes to 52 River Road.
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