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Sullivan
Lot #7 Parkside Drive
$29,000
● Land - Off Market

Lot #7 Parkside Drive

Lumberland, NY 12737
bedrooms
Studio
bathrooms
0 Bath
$227
Est. Monthly

About This Property

Raw Land with Lake Rights to Mohican Lake. This pretty building lot is set on a quiet country lane with deeded lake rights to a 350' wide beach area on Mohican Lake, within walking distance. This level and mostly wooded lot has underground electric and approximately 182' of road frontage and is near a cul-de-sac in Glen Spey, NY. Don't miss out on this one! Call today. Additional Information: SoilType:Unknown,
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$64
HOA Dues
-
Year Built
2022

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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: 6 months ago (OneKey MLS #KEYH6265052)

Price History

Date / Event Date Event Price
Jan 9, 2024 Sold
Premium
Sold
Aug 21, 2023 Listed by Eagle Valley Realty $33,000
Listed by Eagle Valley Realty
Raw Land with Lake Rights to Mohican Lake. This pretty building lot is set on a quiet country lane with deeded lake rights to a 350' wide beach area on Mohican Lake, within walking distance. This level and mostly wooded lot has underground electric and approximately 182' of road frontage and is near a cul-de-sac in Glen Spey, NY. Don't miss out on this one! Call today.
Nov 20, 2019 Sold
Premium
Sold
Dec 26, 2018 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Total Building Area: 1,332
  • Building Area: 1,332
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,332
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001500
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Eldred Central School District
  • School Tax School District: ELDRED
  • Census Tract: 952500

Zoning

  • Zoning: MLD

Geography

  • District: 483800
  • Section: 3.F
  • Parcel: 483800 3.F-1-27
  • Block: 1
  • Lot: 27.000
  • Municipality: LUMBERLAND
  • Latitude: 41.5145
  • Longitude: -74.8125

    Address

  • Full Address: 7 Parkside Dr
  • Address - House Number: 7
  • Address - Street Name: Parkside
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Glen Spey
  • Carrier Code: H001
  • 4-Digit Zip Code: 5370
  • Zip Code: 12737

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 483401

    Market Valuation

  • Market Total Value: $270,700
  • Market Land Value: $58,652
  • Market Improvement Value: $212,048

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,000
  • Assessed Land Value: $39,000
  • Assessed Improvements Value: $141,000

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 12, 2019
  • Current Sale Recording Date: Nov 20, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019-8297
  • Previous Sale Recording Date: Dec 26, 2018
  • Previous Sale Contract Date: Dec 13, 2018
  • Previous Sale Amount: $25,000
  • 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 Sullivan

Stats & Trends

Median Asking:

$389,000

Sale Price/ft²

$237

Below Asking

0.03%

Average Days on Market

103

Average Home Size

1963 ft²

Average Home Age

60.7 years

Currently For Sale

607 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

Unit for rent at 44 Delaware Trail, Glen Spey, NY, 12737

$3,500 /mo

  • 2 Beds
  • 1 Bath
  • 936 ft²
44 Delaware Trail, Glen Spey, NY, 12737 Listing by Edward Rabon
Unit for rent at 4 Beach Road, Glen Spey, NY, 12737

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 999 ft²
4 Beach Road #GROUNDFLOORUNIT, Glen Spey, NY, 12737 Listing by Gabor J. Dezso

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 7 Parkside Drive built and last sold?
The property at 7 Parkside Drive was built in 2022 and last sold on Nov 12, 2019 for $18,500.
How much is this home worth?
The estimated value of the home located at 7 Parkside Drive is $33,330.
What are some comparable homes to 7 Parkside Drive?
There are currently no comparable homes to 7 Parkside Drive.
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