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Essex
586 Lake Road
$169,000
● House - Off Market

586 Lake Road

Crown Point, NY 12928
bedrooms
3 Beds
bathrooms
1 Bath
$299,744
RealtyHop Estimate
77.36%
Since Nov 1, 2007
National-US
Primary Model

About This Property

Private setting, includes attached screened porch, and detached oversized garage and shed. Pretty view of Lake Champlain. Has a slight slope down to the waterfront. Privacy from the road.
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$94
HOA Dues
-
Year Built
1977

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #96905)

Price History

Date / Event Date Event Price
Nov 3, 2022 Sold
Premium
Sold
Sep 8, 2022 Listed by Brannock Properties $299,000
Listed by Brannock Properties
Nov 25, 2019 Sold
Premium
Sold
Oct 9, 2019 Sold
Premium
Sold
Jun 4, 2019 Listed by Brannock Properties $249,900
Listed by Brannock Properties
Show More

Property Highlights

Garage
Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1995
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0
  • Location Influence Type: 12

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,152
  • Gross Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: BENZELL PATENT

Neighborhood

  • School District Name: Crown Point Central School District
  • School Tax School District: CROWN POINT
  • Census Tract: 961100

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 585J100807
  • District: 152200
  • Section: 107.20
  • Parcel: 152200 107.20-2-22.000
  • Block: 2
  • Lot: 22.000
  • Municipality: CROWN POINT
  • Latitude: 43.9942
  • Longitude: -73.4202

    Address

  • Full Address: 586 Lake Rd
  • Address - House Number: 586
  • Address - Street Name: Lake
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Crown Point
  • Zip Code: 12928

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $245,547
  • Tax Rate Code Area: 152203

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 59
  • Final Value: 381,149
  • High Value: 488,630
  • Low Value: 273,669

    Market Valuation

  • Market Total Value: $317,831
  • Market Land Value: $113,132
  • Market Improvement Value: $204,699

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $263,800
  • Assessed Land Value: $93,900
  • Assessed Improvements Value: $169,900

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Nov 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2022-5246
  • Previous Sale Recording Date: Nov 25, 2019
  • Previous Sale Contract Date: Aug 22, 2019
  • Previous Sale Amount: $220,000
  • Previous Sale Document Type: 71
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:

$229,999

Sale Price/ft²

$156

Below Asking

0.05%

Average Days on Market

90

Average Home Size

1761 ft²

Average Home Age

73.3 years

Currently For Sale

116 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: Terry B Brannock
Brannock Properties
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 96905
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 586 Lake Road built and last sold?
The property at 586 Lake Road was built in 1977 and last sold on Oct 28, 2022 for $310,000.
How much is this home worth?
The estimated value of the home located at 586 Lake Road is $301,990.
What are some comparable homes to 586 Lake Road?
There are currently no comparable homes to 586 Lake Road.
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