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Essex
614 14TH Road
$138,000
● House - Off Market

614 14TH Road

Minerva, NY 12851
bedrooms
2 Beds
bathrooms
1 Bath
$167,260
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Quaint and cozy 2 bed/ 1 bath with lofted area, sitting on 1.39 acres. Located 50' from the main snowmobile trail in Minerva where you can ride your snowmobile directly from the home to a trail system that can connect you from Schroon Lake all the way to Warrensburg. Great location. Walking distance to Minerva beach, 10 minutes to Gore Mountain and 15 minutes to the High Peaks. Ideal first home or year round Adirondack retreat. Would also make a great Airbnb rental!
Unit Size
-
Days on Market
-
Land Size
1.39 acres
Price per sqft
-
Property Type
House
Property Taxes
$156
HOA Dues
-
Year Built
2004

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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 #202129341)

Price History

Date / Event Date Event Price
Jan 3, 2022 Sold
Premium
Sold
Nov 17, 2021 Sold
Premium
Sold
Sep 27, 2021 Listed by Selling ADK $149,999
Listed by Selling ADK
Oct 12, 2018 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • 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: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 60,548
  • Total Building Area: 840
  • Gross Building Area: 600
  • Building Area: 840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 840
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001390
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Minerva Central School District
  • School Tax School District: MINERVA
  • Census Tract: 961400

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 645J176007
  • District: 153400
  • Section: 154.04
  • Parcel: 153400 154.4-8-9.000
  • Block: 8
  • Lot: 9.000
  • Municipality: MINERVA
  • Latitude: 43.7826
  • Longitude: -73.9778

    Address

  • Full Address: 614 14th Rd
  • Address - House Number: 614
  • Address - Street Name: 14th
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Minerva
  • Carrier Code: R001
  • 4-Digit Zip Code: 1900
  • Zip Code: 12851

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $223,373
  • Tax Rate Code Area: 153401

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 55
  • Final Value: 177,431
  • High Value: 232,224
  • Low Value: 122,639

    Market Valuation

  • Market Total Value: $128,400
  • Market Land Value: $37,098
  • Market Improvement Value: $91,302

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $115,600
  • Assessed Land Value: $33,400
  • Assessed Improvements Value: $82,200

    Sales

  • Current Sale Contract Date: Nov 17, 2021
  • Current Sale Recording Date: Jan 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-006
  • Previous Sale Recording Date: Oct 12, 2018
  • Previous Sale Contract Date: Sep 24, 2018
  • Previous Sale Amount: $90,000
  • 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:

$232,450

Sale Price/ft²

$156

Below Asking

0.05%

Average Days on Market

90

Average Home Size

1773 ft²

Average Home Age

72.8 years

Currently For Sale

113 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: Brianna Destratis
Selling ADK
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202129341
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 614 14th Road built and last sold?
The property at 614 14th Road was built in 2004 and last sold on Nov 17, 2021 for $138,000.
How much is this home worth?
The estimated value of the home located at 614 14th Road is $0.
What are some comparable homes to 614 14th Road?
There are currently no comparable homes to 614 14th Road.
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