$735,000
SOLD DEC 29, 2014

150 Kenmore Rd Old Forge, NY 13420

-- Bed
-- Bath
4,200 Sq Ft
1 Acres

Recently Sold

$175 Per Sq Ft

5% Below List Price

Highlights

  • Lake Front
  • Fireplace
  • Ceiling Fan
  • Docks
  • Outdoor Storage
  • Baseboard Heating

About This Home

As of August 2024

Four, well maintained camps located on a beautiful lot on Fourth Lake. Currently run as a seasonal cottage business with larger house kept for the owners and friends. If rented, the largest cottage would be $2500 per week in the summer. It could also be winterized for year round living. Cozy Cottage is fully winterized and is rented for the winter season for $4000.and tenant pays all utilities. Opportunity to earn a nice income from the rental of the three cottages and live in one. All systems have been upgraded and are new since 2000. Located on the sunny north shore of the lake and there is a beautiful dock and sandy beach area. Walk in and start earning income today!

Last Agent to Sell the Property

Dawn Timm

Timm Associates Sothebys International Realty License #31TI1011718 Listed on: 06/28/2014

Timm Associates Sothebys International Realty

Last Buyer's Agent

Dawn Timm

Timm Associates Sothebys International Realty License #31TI1011718 Listed on: 06/28/2014

Timm Associates Sothebys International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,345

Year Built

  • Built in 1910

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 100 x 450
  • Lake Front
  • Property fronts a private road

Property Views

  • Lake
  • Mountain

Home Design

  • Composition Roof
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 4,200 Sq Ft Home
  • Ceiling Fan
  • Fireplace
  • Insulated Windows
  • Partial Basement

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • 10 Open Parking Spaces
  • No Garage
  • Parking Deck

Outdoor Features

  • Docks
  • Outdoor Storage

Utilities

  • No Cooling
  • Baseboard Heating
  • 200+ Amp Service
  • Drilled Well
  • Electric Water Heater
  • Internet Available

Community Details

  • Gross Income $65,000
  • Net Operating Income $53,600

Listing and Financial Details

  • Assessor Parcel Number 039.31-1-16

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,345

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Lot Size Acres: 1.0
  • Lot Size: 100 X 450
  • Road Frontage Type: Private Road
  • Road Surface Type: Gravel
  • Water Body Name: Fourth Lake
  • Subdivision Name: None
  • Directions: Route 28 to Kenmore Cottages sign between Eagle Bay and Old Forge. Take drive to Kenmore cottages and take right hand turn at the Timm Associates sign.
  • Structure Type: Multiple Buildings
  • Year Built: 1910
  • Appliances Dryer: Yes
  • Washers: Yes
  • Appliances Refrigerators: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Owner Pays: All Utilities
  • Has Basement: Partial
  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s)
  • Window Features: Insulated Windows
  • Appliances Dishwasher: Yes
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Water Heater: Yes
  • Basement:Partial: Yes
  • Appliances:Electric Range: Yes

Exterior Features

  • View: Lake, Mountain(s), Water
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Vinyl Siding, Wood Siding
  • Exterior Features: Dock, Storage
  • Other Structures: Outbuilding
  • Roof: Composition
  • Construction Materials:Wood Siding: Yes
  • Waterfront Features:Lake2: Yes
  • Construction Materials:Vinyl Siding: Yes
  • Exterior Features:Storage2: Yes
  • Window Features:Insulated Windows: Yes

Garage/Parking

  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Parking Features: Deck, No Garage
  • Parking Features:Deck: Yes
  • Parking Features:No Garage: Yes

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard, Electric
  • Heating Yn: Yes
  • Electric: 200+ Amp Service
  • Utilities: Internet Available
  • Water Source: Well Drilled
  • Heating:Baseboard: Yes
  • Heating:Electric4: Yes

Lot Info

  • Lot Size Sq Ft: 43560.0
  • Parcel #: 039.31-1-16
  • Zoning: Mixed
  • ResoLotSizeUnits: Acres

Multi Family

  • Annual Gross Income: 65000.0
  • Insurance Expense: 3064.0
  • Property Net Operating Income: 53600.0
  • Number Of Units Leased: 4

Tax Info

  • Tax Annual Amount: 7345.0

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 For Sale $2,700,000 +116.0% $610 / Sq Ft
08/15/2024 08/15/24 Sold $1,250,000 -7.4% $282 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/12/2024 06/12/24 Price Changed $1,350,000 -8.5% $305 / Sq Ft
09/23/2023 09/23/23 Price Changed $1,475,000 +100.7% $333 / Sq Ft
08/12/2023 08/12/23 Off Market $735,000 -- --
02/18/2023 02/18/23 For Sale $1,585,000 +115.6% $358 / Sq Ft
12/29/2014 12/29/14 Sold $735,000 -5.2% $175 / Sq Ft
06/28/2014 06/28/14 Pending -- -- --
06/28/2014 06/28/14 For Sale $775,000 -- $185 / Sq Ft
Source: Adirondack-Champlain Valley MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Adirondack-Champlain Valley MLS

MLS Number: 150159