For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Fulton 12117
550 Lakeside Drive
$1,262,000
● House - Off Market

550 Lakeside Drive

Mayfield, NY 12117
bedrooms
4 Beds
bathrooms
4 Baths
$1,540,529
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Spectacular Waterfront Home w Amazing Views of the entire Great Sacandaga Lake to the Adirondack Mountains from almost every room.  100' Lakefront. This Adirondack post & beam style retreat situated at the end of a dead-end road offers privacy with 3 separate parcels & every amenity you could imagine:  Guest house, Huge Garage 36x36 w loft, Dock 18'+ramp & whips, Wet Bar, Wine Cellar, Pool Room, Theater Room, wrap around decks, Awnings motorized, walk out lower level, Water fall, fish pond, Grill Gazebo, landscaped veranda, hardwood floors, granite kitchen counters, SS appl, green Verde Marble bar top, Stained glass windows, doors & light fixtures.  Guest cottage with view, deck, bed, bath, kitchen & LR. All Furnishings included, many by renowned local Adirondack artists. Live the Dream!
Unit Size
-
Days on Market
-
Land Size
0.60 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,135
HOA Dues
-
Year Built
1988

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #202221811)

Price History

Date / Event Date Event Price
Sep 23, 2022 Sold
Premium
Sold
Jul 6, 2022 Listed by Howard Hanna $1,490,000
Listed by Howard Hanna

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 7,400
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000169
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: OLD PARCEL =31-01- 14.00

Neighborhood

  • School District Name: Mayfield Central School District
  • School Tax School District: MAYFIELD
  • Census Tract: 970200

Zoning

  • Zoning: L1

Geography

  • Account Number: 31010014000
  • District: 173089
  • Section: 104.08
  • Parcel: 173089 104.8-1-7
  • Block: 1
  • Lot: 7.000
  • Municipality: MAYFIELD (TOV)
  • Latitude: 43.1152
  • Longitude: -74.23

    Address

  • Full Address: 550 Lakeside Dr
  • Address - House Number: 550
  • Address - Street Name: Lakeside
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Mayfield
  • Zip Code: 12117

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $831,993
  • Tax Rate Code Area: 173001

    Appraisal Valuation

  • Standard Deviation: 0.1266
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 483,906
  • High Value: 545,191
  • Low Value: 422,620

    Market Valuation

  • Market Total Value: $489,524
  • Market Land Value: $117,143
  • Market Improvement Value: $372,381

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,600
  • Assessed Land Value: $49,200
  • Assessed Improvements Value: $156,400

    Sales

  • Current Sale Contract Date: Aug 26, 2022
  • Current Sale Recording Date: Sep 23, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-77063

    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 Fulton

Stats & Trends

Median Asking:

$210,000

Sale Price/ft²

$135

Below Asking

0.03%

Average Days on Market

69

Average Home Size

1874 ft²

Average Home Age

86.9 years

Currently For Sale

247 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

Click here to view more rentals in the neighborhood.
Global MLS

Listed by: Joseph J Sullivan
Howard Hanna
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202221811
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 550 Lakeside Drive built and last sold?
The property at 550 Lakeside Drive was built in 1988 and last sold on Aug 26, 2022 for $731,960.
How much is this home worth?
The estimated value of the home located at 550 Lakeside Drive is $0.
What are some comparable homes to 550 Lakeside Drive?
There are currently no comparable homes to 550 Lakeside Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Mayfield Homes for Sale
Mayfield Houses for Sale
Mayfield Land for Sale
Mayfield Commercial for Sale
Mayfield Homes with Basements
Mayfield Homes with Pools
Mayfield Homes with Parking
Mayfield Homes with Garages
Nearby Cities
Gloversville Homes for Sale
Amsterdam Homes for Sale
Johnstown Homes for Sale
Broadalbin Homes for Sale
Hagaman Homes for Sale
Northville Homes for Sale
Fultonville Homes for Sale
Tribes Hill Homes for Sale
Nearby Property Records
Fulton County, NY Property Records
Montgomery County, NY Property Records
Saratoga County, NY Property Records
Schenectady County, NY Property Records
Hamilton County, NY Property Records
Herkimer County, NY Property Records
Schoharie County, NY Property Records
Albany County, NY Property Records
Nearby Counties
Gloversville Homes for Sale
Amsterdam Homes for Sale
Johnstown Homes for Sale
Johnstown Homes for Sale
Broadalbin Homes for Sale
Amsterdam Homes for Sale
Northampton Homes for Sale
Perth Homes for Sale
Top Real Estate Agents
Top Agents in Mayfield
Top Agents in 12010
Top Agents in 12078
Top Agents in Gloversville
Top Agents in Gloversville
Top Agents in Amsterdam
Top Agents in Amsterdam
Top Agents in 12095