For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Lake George 12845
8 CHERRY Street
$32,500
● Land - Off Market

8 CHERRY Street

Lake George, NY 12845
bedrooms
Studio
bathrooms
0 Bath
$49,783
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Fantastic location to build your dream home. Public water and sewer with power at the road. Land is partially cleared. Enjoy the the convenience of only being a few minutes walk from the heart of Lake George.
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
$33
HOA Dues
-
Year Built
-

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (Global MLS #183933)

Price History

Date / Event Date Event Price
Sep 23, 2021 Sold
Premium
Sold
Aug 19, 2021 Sold
Premium
Sold
Apr 21, 2019 No longer available -
No longer available
Apr 5, 2019 Price Increased $44,000
↑ $500 (1.2%)
Price Increased
Mar 22, 2019 Relisted $43,500
Relisted
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000110
  • Standard Land Use Code: 8001
  • County Land Use Code: 311
  • Legal Description 1: VAC. 1.-4-3

Neighborhood

  • School District Name: Lake George Central School District
  • School Tax School District: LAKE GEORGE
  • Census Tract: 072001

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 522201
  • Section: 251.10
  • Parcel: 522201 251.10-2-18
  • Block: 2
  • Lot: 18.000
  • Municipality: LAKE GEORGE
  • Latitude: 43.4328
  • Longitude: -73.718

    Address

  • Full Address: 8 Cherry St
  • Address - House Number: 8
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: NY
  • City Name: Lake George
  • Carrier Code: R002
  • 4-Digit Zip Code: 6214
  • Zip Code: 12845

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $70,799
  • Tax Rate Code Area: 522201

    Market Valuation

  • Market Total Value: $50,357
  • Market Land Value: $50,357

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,300
  • Assessed Land Value: $42,300

    Sales

  • Current Sale Contract Date: Aug 09, 2021
  • Current Sale Recording Date: Sep 23, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-7945
  • Previous Sale Recording Date: May 10, 2005
  • Previous Sale Contract Date: Apr 11, 2005
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: 40
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 Lake George

Stats & Trends

Median Asking:

$647,450

Sale Price/ft²

$411

Below Asking

0.01%

Average Days on Market

121

Average Home Size

2121 ft²

Average Home Age

55.1 years

Currently For Sale

10 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: Todd Schermerhorn
Berkshire Hathaway Blake
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 183933
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 8 Cherry Street built and last sold?
The property at 8 Cherry Street was built in and last sold on Aug 9, 2021 for $32,500.
How much is this home worth?
The estimated value of the home located at 8 Cherry Street is $0.
What are some comparable homes to 8 Cherry Street?
There are currently no comparable homes to 8 Cherry Street.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Lake George Homes for Sale
Lake George Houses for Sale
Lake George Condos for Sale
Lake George Townhouses for Sale
Lake George Multifamily for Sale
Lake George Land for Sale
Lake George Commercial for Sale
Lake George Homes with Basements
Nearby Cities
Glens Falls Homes for Sale
Glens Falls North Homes for Sale
West Glens Falls Homes for Sale
South Glens Falls Homes for Sale
Corinth Homes for Sale
Warrensburg Homes for Sale
Lake Luzerne Homes for Sale
Hadley Homes for Sale
Nearby Property Records
Warren County, NY Property Records
Washington County, NY Property Records
Saratoga County, NY Property Records
Hamilton County, NY Property Records
Rutland County, VT Property Records
Bennington County, VT Property Records
Essex County, NY Property Records
Schenectady County, NY Property Records
Nearby Counties
Queensbury Homes for Sale
Glens Falls Homes for Sale
Moreau Homes for Sale
Bolton Homes for Sale
Lake Luzerne Homes for Sale
Warrensburg Homes for Sale
Top Real Estate Agents
Top Agents in Lake George
Top Agents in Queensbury
Top Agents in 12804
Top Agents in Glens Falls
Top Agents in Glens Falls
Top Agents in 12801
Top Agents in Moreau
Top Agents in 12845