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Essex 12883
8 COTTAGE Road
$635,000
● House - Off Market

8 COTTAGE Road

Ticonderoga, NY 12883
bedrooms
2 Beds
bathrooms
2 Baths
$716,109
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Direct lakefront property with straight line dock.  Open floor plan with 2 bedrooms and 2 baths.  Lakeside deck.  Nice area.  Updated.  Oil hot air furnace.  Attached garage!  Town sewer! Town water!  Full unfinished basement under cottage.   Nice lakeside sitting area.  Beautiful sunrises! Dock
Unit Size
-
Days on Market
-
Land Size
2.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$564
HOA Dues
-
Year Built
1951

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #202123811)

Price History

Date / Event Date Event Price
Dec 21, 2021 Sold
Premium
Sold
Jul 15, 2021 Listed by Brannock Properties $650,000
Listed by Brannock Properties
Jul 20, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 2015
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • 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: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0
  • Location Influence Type: 12

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,120
  • Gross Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,120
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 4 STOUGHTON PAT

Neighborhood

  • School District Name: Ticonderoga Central School District
  • School Tax School District: TICONDEROGA
  • Census Tract: 961201

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 715J108403
  • District: 154800
  • Section: 150.82
  • Parcel: 154800 150.82-2-11.000
  • Block: 2
  • Lot: 11.000
  • Municipality: TICONDEROGA
  • Latitude: 43.8171
  • Longitude: -73.4359

    Address

  • Full Address: 8 Cottage Rd
  • Address - House Number: 8
  • Address - Street Name: Cottage
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Ticonderoga
  • Carrier Code: R001
  • 4-Digit Zip Code: 2522
  • Zip Code: 12883

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,362,251
  • Tax Rate Code Area: 154801

    Appraisal Valuation

  • Standard Deviation: 0.1437
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 59
  • Final Value: 819,972
  • High Value: 1,050,522
  • Low Value: 589,422

    Market Valuation

  • Market Total Value: $728,700
  • Market Land Value: $399,980
  • Market Improvement Value: $328,720

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $634,000
  • Assessed Land Value: $348,000
  • Assessed Improvements Value: $286,000

    Sales

  • Current Sale Contract Date: Dec 17, 2021
  • Current Sale Recording Date: Jan 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-078
  • Previous Sale Recording Date: Jul 20, 2000
  • Previous Sale Contract Date: Jul 19, 2000
  • Previous Sale Amount: $119,900
  • 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 Essex

Stats & Trends

Median Asking:

$234,900

Sale Price/ft²

$166

Below Asking

0.04%

Average Days on Market

81

Average Home Size

1799 ft²

Average Home Age

77.1 years

Currently For Sale

153 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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Global MLS

Listed by: Terry B Brannock
Brannock Properties
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202123811
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 Cottage Road built and last sold?
The property at 8 Cottage Road was built in 1951 and last sold on Dec 17, 2021 for $635,000.
How much is this home worth?
The estimated value of the home located at 8 Cottage Road is $656,500.
What are some comparable homes to 8 Cottage Road?
There are currently no comparable homes to 8 Cottage Road.
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