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Essex 12883
8 SPRUCE Circle
$254,000
● House - Off Market

8 SPRUCE Circle

Ticonderoga, NY 12883
bedrooms
4 Beds
bathrooms
3 Baths
$398,166
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Private setting with deeded rights to Lake George! 4 bedroom/3 bath raised ranch situated by itself with a paved driveway, 2 car garage, lots of lawn space and a screened in porch.Open floor plan with large family room/fireplace.
Unit Size
-
Days on Market
-
Land Size
2.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$400
HOA Dues
-
Year Built
1972

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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 #180671)

Price History

Date / Event Date Event Price
Nov 8, 2023 Sold
Premium
Sold
Sep 2, 2023 In contract -
In contract
Aug 9, 2023 Price Decreased $329,900
↓ $15K (4.4%)
Price Decreased
Feb 26, 2023 Listed by Brannock Properties $345,000
Listed by Brannock Properties
Aug 14, 2020 Sold
Premium
Sold
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1980
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,008
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 104,544
  • Total Building Area: 2,688
  • Gross Building Area: 1,680
  • Building Area: 2,688
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 2,688
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002400
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

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

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 715J115002
  • District: 154800
  • Section: 150.65
  • Parcel: 154800 150.65-1-4.002
  • Block: 1
  • Lot: 4.002
  • Municipality: TICONDEROGA
  • Latitude: 43.8329
  • Longitude: -73.4429

    Address

  • Full Address: 8 Spruce Cir
  • Address - House Number: 8
  • Address - Street Name: Spruce
  • Address - Suffix Type: Cir
  • State: NY
  • City Name: Ticonderoga
  • Carrier Code: R001
  • 4-Digit Zip Code: 2528
  • Zip Code: 12883

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $481,655
  • Tax Rate Code Area: 154801

    Appraisal Valuation

  • Standard Deviation: 0.1385
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 83
  • Final Value: 305,097
  • High Value: 347,760
  • Low Value: 262,434

    Market Valuation

  • Market Total Value: $306,800
  • Market Land Value: $87,821
  • Market Improvement Value: $218,979

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $266,900
  • Assessed Land Value: $76,400
  • Assessed Improvements Value: $190,500

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Religious Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 27, 2023
  • Current Sale Recording Date: Nov 08, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-4023
  • Previous Sale Recording Date: Aug 14, 2020
  • Previous Sale Contract Date: Aug 07, 2020
  • Previous Sale Amount: $5,000
  • Previous Sale Document Type: 71
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:

$236,950

Sale Price/ft²

$168

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# 180671
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 Spruce Circle built and last sold?
The property at 8 Spruce Circle was built in 1972 and last sold on Oct 27, 2023 for $302,500.
How much is this home worth?
The estimated value of the home located at 8 Spruce Circle is $333,199.
What are some comparable homes to 8 Spruce Circle?
There are currently no comparable homes to 8 Spruce Circle.
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