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Schroon Lake 12870
936 US RT 9
$505,000
● House - Off Market

936 US RT 9

Schroon, NY 12870
bedrooms
4 Beds
bathrooms
2 Baths
$540,217
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Lakeside 4 bedroom, 2 bath Cape just off the Shores of Schroon Lake at Tamarac Village.  Shares 242' Schroon Lake sandy beach w/docking and superb lake views!  Living room w/lake views has cathedral ceiling & woodstove and opens to lakeside screened porch & separate deck.  Also kitchen, dining area, laundry, good storage areas. Walk to Schroon Lake Village and short drive to Gore Mt.  Town water & sewer. Deeded Access W/Dock, Dock, Excellent Condition
Unit Size
-
Days on Market
-
Land Size
0.08 acres
Price per sqft
-
Property Type
House
Property Taxes
$473
HOA Dues
$1,400
Year Built
1984

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Cap Rate Calculator

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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: 3 years ago (Global MLS #202126087)

Price History

Date / Event Date Event Price
Nov 5, 2021 Sold
Premium
Sold
Aug 12, 2021 Listed by Friedman Realty $480,000
Listed by Friedman Realty
Nov 5, 2001 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1990
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Total Building Area: 1,728
  • Gross Building Area: 1,728
  • Building Area: 1,728
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,728
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000080
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Schroon Lake Central School District
  • School Tax School District: SCHROON LAKE
  • Census Tract: 961300

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 695J187008
  • District: 154600
  • Section: 147.61
  • Parcel: 154600 147.61-1-1.220
  • Block: 1
  • Lot: 1.220
  • Municipality: SCHROON
  • Latitude: 43.8295
  • Longitude: -73.7709

    Address

  • Full Address: 936 Us Route 9
  • Address - House Number: 936
  • Address - Street Name: Us Route 9
  • State: NY
  • City Name: Schroon Lake
  • Zip Code: 12870

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $569,993
  • Tax Rate Code Area: 154601

    Appraisal Valuation

  • Standard Deviation: 0.2716
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 59
  • Final Value: 607,183
  • High Value: 777,903
  • Low Value: 436,462

    Market Valuation

  • Market Total Value: $487,700
  • Market Land Value: $247,100
  • Market Improvement Value: $240,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $487,700
  • Assessed Land Value: $247,100
  • Assessed Improvements Value: $240,600

    Sales

  • Current Sale Contract Date: Oct 18, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-5794
  • Previous Sale Recording Date: Nov 05, 2001
  • Previous Sale Contract Date: Nov 01, 2001
  • Previous Sale Amount: $214,000
  • 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 Schroon Lake

Stats & Trends

Median Asking:

$489,450

Sale Price/ft²

$359

Below Asking

0.05%

Average Days on Market

93

Average Home Size

1827 ft²

Average Home Age

22.1 years

Currently For Sale

8 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: Roger Friedman
Friedman Realty
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202126087
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 936 U.S. 9 built and last sold?
The property at 936 U.S. 9 was built in 1984 and last sold on Oct 18, 2021 for $505,000.
How much is this home worth?
The estimated value of the home located at 936 U.S. 9 is $0.
What are some comparable homes to 936 U.S. 9?
There are currently no comparable homes to 936 U.S. 9.
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