14
Map
8989 State Route 4
About This Property
This property is comprised of two separate tax parcels. One is 86.-1-16 and the other is 86.-1-17. Easy commute to Lake George, Glens Falls and Vermont.
Payment Calculator
Your Estimated Monthly Payment
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 30, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Price Decreased |
$55,000
↓ $10K
(15.4%) | |
| Price Decreased | |||
| May 15, 2024 | Listed by Howard Hanna | $65,000 | |
| Listed by Howard Hanna | |||
| Oct 31, 2016 | Sold to Steven Kenneth Palmer | ||
| Sold to Steven Kenneth Palmer | |||
Property Highlights
8989 State Route 4
By submitting your information, you agree RealtyHop can share your information with its network of real estate & mortgage professionals (or through their agents) and consent to receive marketing emails, calls, & texts related to your inquiry (including via automatic telephone dialing system, or artificial or pre-recorded voice technology) from Movoto or their affiliates to the email address or number you provided. By proceeding, you agree to our Terms of Service.
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
05/15/2024
| |
2 Bed
|
1 Bath
|
-
|
$65,000
2 Bed
1 Bath
|
$40,000
-38.46%
08/30/2024
|
-
|
Ritch Gregory
Howard Hanna
|
|
08/14/2015
| |
2 Bed
|
1 Bath
|
-
|
$29,500
2 Bed
1 Bath
|
$25,000
-15.25%
05/03/2016
|
Colleen Bailey
Coldwell Banker Prime Properties
| |
|
10/16/2014
| |
2 Bed
|
1 Bath
|
-
|
$14,900
2 Bed
1 Bath
|
$7,500
-49.66%
02/27/2015
|
-
|
Thomas Persons
Persons Real Estate
|
|
05/25/2005
| |
2 Bed
|
1 Bath
|
-
|
$14,900
2 Bed
1 Bath
|
$18,000
+20.81%
11/30/2005
|
-
|
Daniel Gaba
Re/Max Premier
|
Building Info
About Washington
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Howard Hanna
Last Updated: 8 months ago
Data Source: Global MLS , MLS# 202417323
