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    556 West Shore Hammond, NY 13646

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    Claim this Listing
    For Sale
    $325,000

    LAND - Bungalow, Cottage, Ranch - Hammond, NY

    Type:Single Family Residence
    Property size:
    740 SF
    Lot size:
    1.32 Acres
    Price / SF:
    $439/SF
    Added:
    Dec 11, 2025
    Days on Market:
    140
    Last Refresh:
    Apr 30 at 2:06 am

    Property Features for 556 West Shore

    General Information

    Property type
    Land
    Property subtype
    Single Family Residence
    Parking features
    Open, Garage, Driveway
    Vegetation
    Wooded
    Patio and Porch features
    Deck
    Interior features
    EatInKitchen, SeparateFormalLivingRoom, KitchenFamilyRoomCombo, SlidingGlassDoors, SolidSurfaceCounters, BedroomOnMainLevel, MainLevelPrimary
    Exterior features
    Barbecue, Deck, Dock, GravelDriveway, Landscaping, PrivateYard, PropaneTankLeased
    Fireplace
    1
    Appliances
    ElectricOven, ElectricRange, ElectricWaterHeater, Refrigerator, WaterHeater, WaterPurifierOwned
    Standard status
    Active
    APN
    405400-142-076-0003-008-000-0000
    Size
    740 SF
    Lot size
    1.32 Acres

    Taxes and HOA fees

    Tax Annual Amount
    2819

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Propane (Heating), Forced Air
    Cooling system
    Central Air, Window Unit(s)
    Water front features
    Lake, Lake Front
    Water front
    1

    Building Details

    Year built
    1964
    Floors in Building
    1
    Flooring type
    Varies, Hardwood, Carpet
    Building materials
    AluminumSiding, VinylSiding
    Roof type
    Metal
    Architectural style
    Ranch, Cottage, Bungalow
    Additional Structures
    Garage(s)

    We can help!

    Listing Contact
    Amanda Jones
    Amanda Jones

    Listing agent Amanda Jones License #10401343704

    Listing office Bridgeview Real Estate 128 TenEyck St #2, Watertown, NY

    Listing date Dec 11, 2025

    MLS# S1654576 Listing URL

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lakeside Retreat on 1.32 Acres

    This property, consisting of three parcels totaling 1.32 acres, offers a private lakeside retreat. The wooded property has undergone extensive grading and retaining work to prevent land loss. The stairs and decks have been redone, with the decks stained last season. The lower decks were rebuilt on 3-4' of concrete in recent years. Several outdoor seating areas overlook the lake, providing views of sunrises and moonrises. A firepit is available for relaxation. The property includes a two-car garage with shop/storage space, containing a washer/dryer, an extra fridge, and a water heater and pump. There is ample space for parking and outdoor entertaining. The interior features open space with lake views from the main living area and main bedroom. The home has undergone extensive updates and renovations in recent years, including electrical work, newer flooring, and newer drywall. A gas fireplace provides warmth. The property is currently a three-season cottage but could be converted to year-round use with a well or water delivery during the winter and minor insulation changes. Central heat and AC forced air, updated in recent years, are neatly tucked into the indoor utility room. The home comes fully furnished, with a few personal items excluded. The lake is spring-fed, which minimizes algae and muck, and is suitable for swimming, fishing, and boating. The property is located in Hammond, NY.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Map

    City
    Hammond
    County
    St. Lawrence
    State
    New York
    Longitude
    -75.605804
    Latitude
    44.391551

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    FAQs

    What type of property is this?
    Single family property - Turn-key three-season cottage with lake views and extensive updates.
    Where is this single family property located?
    The property is located at 556 West Shore Hammond, NY.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: Private lakeside retreat with 1.32 acres across 3 parcels, never before publicly listed.; Extensively renovated inside and out, including updated electrical, flooring, drywall, decks, and retaining walls.; Turnkey property, fully furnished (minus a few personal items), ready for immediate enjoyment.
    (315) 782-9292
    We can help!
    Listing Contact
    Amanda Jones
    Amanda Jones
    Real Estate License ID: 10401343704
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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