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Essex 12870
58 POINTE Drive
$995,000
● House - Off Market

58 POINTE Drive

Schroon, NY 12870
bedrooms
5 Beds
bathrooms
3 Baths
$1,683,184
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Luxury L/F!  Rare opportunity at the Adirondack Pointe.  Jaw dropping panoramic views.  Expansive upper deck, spacious screen-in porch, 100' sandy beach w/2 peninsulas adorned w/fire pit and dock.  Cornucopia of Adirondack character.  Furnishings included. Superior Condition
Unit Size
-
Days on Market
-
Land Size
0.35 acres
Price per sqft
-
Property Type
House
Property Taxes
$926
HOA Dues
$1,250
Year Built
2000

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 #201612016)

Price History

Date / Event Date Event Price
Sep 7, 2016 Sold
Premium
Sold
Jul 8, 2016 Sold
Premium
Sold
Jun 10, 2016 Listed by Adirondack Ctry Hms Realty LLC $995,000
Listed by Adirondack Ctry Hms Realty LLC

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • 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: 3
  • Basement Area: 688
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0
  • Location Influence Type: 23

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 2,083
  • Gross Building Area: 2,083
  • Building Area: 2,083
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,083
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 1 ROAD PATENT SUBLOT 6

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: 695Z001019
  • District: 154600
  • Section: 156.16
  • Parcel: 154600 156.16-4-12.000
  • Block: 4
  • Lot: 12.000
  • Municipality: SCHROON
  • Latitude: 43.7943
  • Longitude: -73.781

    Address

  • Full Address: 58 Point Dr
  • Address - House Number: 58
  • Address - Street Name: Point
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Schroon Lake
  • Zip Code: 12870

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,651,034
  • Tax Rate Code Area: 154601

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 58
  • Final Value: 1,400,524
  • High Value: 1,803,458
  • Low Value: 997,590

    Market Valuation

  • Market Total Value: $1,309,400
  • Market Land Value: $596,100
  • Market Improvement Value: $713,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,309,400
  • Assessed Land Value: $596,100
  • Assessed Improvements Value: $713,300

    Sales

  • Current Sale Contract Date: Jul 07, 2016
  • Current Sale Recording Date: Jul 08, 2016
  • Current Sale Price:
    Premium
  • Current 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 Essex

Stats & Trends

Median Asking:

$249,000

Sale Price/ft²

$167

Below Asking

0.05%

Average Days on Market

90

Average Home Size

1823 ft²

Average Home Age

79.7 years

Currently For Sale

99 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: Darleen March
Adirondack Ctry Hms Realty LLC
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201612016
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 58 Pointe Drive built and last sold?
The property at 58 Pointe Drive was built in 2000 and last sold on Jul 7, 2016 for $995,000.
How much is this home worth?
The estimated value of the home located at 58 Pointe Drive is $1,004,950.
What are some comparable homes to 58 Pointe Drive?
There are currently no comparable homes to 58 Pointe Drive.
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