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Property profile & analytics

151 Rte 28 Inlet, NY 13360

  • Investment properties
  • 1,300 SF
  • 0.53 lot acres
OFF-MARKET
Value Estimation
$225,000
Last Sale
Apr 25, 2024
$215,000
Location Intelligence
Property ID
US63-3662893
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Investment properties

Property Details for 151 Rte 28

Year built
1928
Lot size
0.53 lot acres
Property size
1,300 SF
Zone code
C3
Property type
Investment properties
Property subtype
Live-work space
APN
202800 59.016-2-13.111
APU
20280059016213111

Description

This unique mixed-use property in Inlet, NY, presents a fantastic investment opportunity. The main attraction is "The Caboose," a charming and profitable panini shop housed in a repurposed railroad caboose. The fully equipped kitchen is ready for immediate operation, boasting a successful track record. Outdoor seating options include covered and uncovered patios, plus a shared dining tent with a neighboring establishment. The business operates daily during peak summer months and four days a week during the shoulder seasons (spring and fall). Included in the sale is a spacious 1,561 square foot, three-bedroom, one-and-a-half-bathroom home situated on a 0.44-acre lot. This residence, currently utilized as a short-term rental, offers versatile potential as owner/manager housing or employee accommodation. The home features a bonus room and a screened-in porch, adding to its appeal and functionality. The property's prime location in Inlet, NY, ensures high visibility and consistent customer traffic, making this a truly exceptional turnkey business and residential package. The asking price is $584,500. This is a rare opportunity to acquire a thriving business and comfortable living space in a desirable Adirondack setting.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $215,000
  • CAP approach

    CAP return
    Estimation
    6%
    $255,000
    6.5%
    $245,000
    7%
    $240,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $265,000
    Geo Method
    $260,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $260,000
    Retail
    $230,000
    Mixed-Use
    $240,000
    Hospitality
    $210,000
    Educational
    $265,000
    Residential Income
    $245,000
    Energy
    $260,000
    Income-Based Land
    $255,000
    Food Service
    $235,000

Location Insight

  • Map
  • Local Demand
City
Inlet
County
Hamilton
State
New York
Longitude
-74.7934
Latitude
43.7519

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$2,087
$45,137
$223,613
$268,750
-
$45,137
$223,613
$268,750
More about this property
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