93
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746 Howe Road
About This Property
Perfect for family retreat, live in one and rent (Air BNB) the other. Main lodge has a handicapped accessible bathroom, commercial kitchen, perfect for a restaurant, a retreat, a wedding venue. Property literally has hundreds of perfect uses. Lake Luzerne is busy year-round with lakes, boating, camping, tubing, snowmobiles, skiing, cross-country skiing, fishing etc. and only 7 miles to Lake George Village. One could also sub divide or add additional structures with a site plan review. Formerly part of the Painted Pony Dude Ranch, the history in this area is rich. A bar located in the basement includes Bob Dylan's name scratched onto the surface. Lake Luzerne offers the Adirondack Folk School, Lake Luzerne Music Camp and is a destination spot for many.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Price Decreased |
$999,900
↓ $340K
(25.4%) | |
| Price Decreased | |||
| May 26, 2026 | Listed by Berkshire Hathaway Home Services Blake | $1,340,000 | |
| Listed by Berkshire Hathaway Home Services Blake | |||
| May 16, 2025 | Sold | ||
| Sold | |||
| Mar 23, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017