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Schoharie
616 Enid Road
$7,500
● Land - Off Market

616 Enid Road

Summit, NY 12175
bedrooms
Studio
bathrooms
0 Bath
$11,994
RealtyHop Estimate
46.27%
Since Jan 1, 2020
National-US
Primary Model

About This Property

Small vintage cottage nestled on a cliff in the Town of Summit New York. Could be enchanting with some work......presently dry with no apparent roof leaks but work needs to be addressed soon...charming diamond paned  wood windows , original bead board on some walls and an old woodstove is included.   See no others....in the woods... town maintained road access with driveway that could be easily improved.  May not be for everybody but if you want to save this nostalgic little cottage. Seller is a NYS Licensed Real Estate Associate Broker
Unit Size
-
Days on Market
39 days
Land Size
1.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
$87
HOA Dues
-
Year Built
-

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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: 7 months ago (NYSAMLS #OD124180)

Price History

Date / Event Date Event Price
Dec 15, 2025 Sold
Premium
Sold
Oct 2, 2025 In contract -
In contract
Sep 30, 2025 Relisted $25,000
Relisted
Sep 12, 2025 In contract -
In contract
Jul 16, 2025 Price Decreased $19,000
↓ $6K (24%)
Price Decreased
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 1
  • Building Condition: 4
  • Building Quality: 0
  • 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: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Lot Size Frontage Feet: 1,150
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001500
  • Standard Land Use Code: 1015
  • County Land Use Code: 312

Neighborhood

  • School District Name: Cobleskill-Richmondville Central School District
  • School Tax School District: COBLESKILL-RICH
  • Census Tract: 740500

Zoning

  • Zoning: 01 - NOT Z

Geography

  • Account Number: 545J174026
  • District: 434800
  • Section: 135.00
  • Parcel: 434800 135.-3-3
  • Block: 3
  • Lot: 3.000
  • Municipality: SUMMIT
  • Latitude: 42.539
  • Longitude: -74.5721

    Address

  • Full Address: 616 Enid Rd
  • Address - House Number: 616
  • Address - Street Name: Enid
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Summit
  • Zip Code: 12175

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $36,303
  • Tax Rate Code Area: 432602

    Appraisal Valuation

  • Standard Deviation: 0.4558
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 8
  • Final Value: 589,130
  • High Value: 857,700
  • Low Value: 320,559

    Market Valuation

  • Market Total Value: $12,865
  • Market Land Value: $11,695
  • Market Improvement Value: $1,170

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,500
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $500

    Sales

  • Current Sale Contract Date: Feb 10, 2023
  • Current Sale Recording Date: Mar 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 820686
  • Previous Sale Recording Date: Dec 17, 2019
  • Previous Sale Contract Date: Dec 03, 2019
  • Previous Sale Amount: $7,500
  • Previous 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 Schoharie

Stats & Trends

Median Asking:

$280,000

Sale Price/ft²

$170

Below Asking

0.03%

Average Days on Market

82

Average Home Size

2064 ft²

Average Home Age

83.5 years

Currently For Sale

142 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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NYSAMLS

Last Updated: 7 months ago
Data Source: NYSAMLSs, MLS# OD124180

Frequently Asked Questions

When was property at 616 Enid Road built and last sold?
The property at 616 Enid Road was built in and last sold on Feb 10, 2023 for $17,000.
How much is this home worth?
The estimated value of the home located at 616 Enid Road is $19,190.
What are some comparable homes to 616 Enid Road?
There are currently no comparable homes to 616 Enid Road.
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