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Updated Triplex with Boat Slips
For Sale
$449,000

12093 County Route 125, Chaumont, NY 13622

Residential, Chaumont, NY

Property Size1,832 SF
Lot Size0.20 Acres
Price / SF$245.09
Days on Market94

Property Features for 12093 County Route 125

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2, Basement
Appliances ElectricWaterHeater
Lot features Rectangular, Rectangular Lot, Rural Lot
Elementary school district Lyme
Middle school district Lyme
High school district Lyme
Subdivision Chaumont-Village-224401
Standard status Active
APN 224401-061-051-0001-053-000
Size 1,832 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Annual Amount 5661

Utilities

Heating system Baseboard, Propane (Heating)
Water source Public
Water front features Lake
Water front 1

Building Details

Year built 1890
Floors in Building 2
Number of units 3
Flooring type Varies, Laminate, Carpet
Building materials VinylSiding
Listing Agency: Bridgeview Real Estate
Listed By: Kirk Gilchrist · License #10401317321
Added: Jul 9 Changed: Sep 16 Last Checked: Oct 10 at 5:06PM
MLS# S1697161

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.

Investment Insights

Based on property information with market context.

This lakefront triplex offers 1,832 square feet across three residential units and has been fully updated. The building dates to 1890 and features vinyl siding, varied flooring, electric water heating, propane heating, and baseboard heat. Public water service supports the property, while the layout includes three bedrooms, three bathrooms, and a basement.

The property includes up to 25 boat slips along the lakefront, creating an additional waterfront component alongside the residential units. An extra lot is also available for separate purchase and may be built on or used independently.

Key Highlights

  • Three‑unit residential building with 1,832 square feet
  • Up to 25 boat slips along the lakefront
  • Fully updated triplex with three bedrooms and three bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,084
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,680 $301.7K
Cap Rate 7%
$215,486 $215.5K
Cap Rate 9%
$167,600 $167.6K
Market Conditions
NOI Build-Up for 1,832 SF
Gross rent
$23.1K $12.60/SF
− Vacancy
−$1.5K −$0.84/SF
EGI
$21.5K $11.76/SF
− OpEx
−$6.5K −$3.53/SF
NOI
$15.1K $8.23/SF
Area
Jefferson County, NY
Vacancy
6.65%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,680
Cap Rate 7%
$215,486
Cap Rate 9%
$167,600

Alternative Uses

Best Use
Multifamily LT 5
$215.5K
$188.6K – $251.4K (±1% cap)
NOI $15,084 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$192.8K
$168.7K – $224.9K (±1% cap)
NOI $13,494 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$505.0K
$441.9K – $589.2K (±1% cap)
NOI $35,350 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Building Supply HVAC Service Storage Facility Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 13622, NY

2,182
Population
1,335
Households
1.6
Avg Household Size
48
Median Age
30%
College-Educated
95%
High-School Grad
52.9 sq mi
ZIP Area
41
Density / Sq Mi
$78,136
Median Household Income
$39,934
Median Earnings
$1,011
Median Rent
$226,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Lakefront residential property with public water service, propane heat, and an additional lot available for purchase.
Where is this triplex located?
The property is located at 12093 County Route 125 Chaumont, NY.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Three‑unit residential building with 1,832 square feet; Up to 25 boat slips along the lakefront; Fully updated triplex with three bedrooms and three bathrooms
More about this property
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