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    276 Route 9N Keeseville, NY 12944
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    276 Route 9N, Keeseville, NY 12944

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    • Mixed-use properties
    • 5,525 SF
    • 1.90 lot acres
    For Sale
    $359,900
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    Keeseville Mixed-Use Property - $359,900 For Sale
    $359,900
    5,525 SF

    Keeseville Mixed-Use Property - $359,900

    Historic Colonial, Income-Producing, Pool

    276 Route 9N, Keeseville, NY 12944
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    Property ID
    US63-1355092
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Mixed-use properties

    Property Details for 276 Route 9N

    Year built
    1825
    Lot size
    1.90 lot acres
    Property type
    Mixed-use properties

    Description

    This stunning 5,525 square foot historic stone center hall colonial in Keeseville, NY, presents a unique investment opportunity. Boasting original woodwork and floors in excellent condition, the main house has recently upgraded windows and a heating system. A fully finished basement apartment, accessible from both inside and outside, provides an additional income stream, currently rented for $1,700 per month. This apartment features three bedrooms and one full bathroom, offering ample living space. The property sits on a 1.9-acre lot, providing a generous lawn area perfect for entertaining, all enclosed by mature hedges for privacy. An extra-large in-ground pool adds to the property's appeal. The property's location offers convenient access to nearby amenities

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Keeseville
    County
    Clinton
    State
    New York
    Longitude
    -73.49789
    Latitude
    44.4962

    Comparable in this City

    • $179,000
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      End-Unit Mixed-Use Row Building

      Brick end-unit with ground-floor coffee shop and second-floor space for residential buildout.
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    • $96,000
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      Land in Keeseville, NY

      Two parcels of land totaling 53.2 acres in Keeseville.
      Grove St, Keeseville, NY 12944
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    • $174,900
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      Keeseville Multi-Family Investment

      Prime location, high rental potential.
      1817 Route 9, Keeseville, NY 12944
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    • Contact for pricing
      3.10 Acres

      Keeseville Land For Sale

      3.1 acre buildable lot near Ausable Chasm and Lake Champlain.
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    • $165,000
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      Keeseville Land with Mining Potential

      23-acre land in Keeseville, NY, with mining royalty interest.
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      6.01 Acres

      Flat Lot in Chesterfield, NY

      6.01 acre lot suitable for camping or home construction.
      Soper Rd, Keeseville, NY 12944
      View Details

    Similar Nearby for Sale

    • $179,000
      2,976 SF

      End-Unit Mixed-Use Row Building

      Brick end-unit with ground-floor coffee shop and second-floor space for residential buildout.
      1725 Front St, Keeseville, NY 12944
      View Details
    • $174,900
      4,717 SF

      Keeseville Multi-Family Investment

      Prime location, high rental potential.
      1817 Route 9, Keeseville, NY 12944
      View Details
    • $96,000
      Pending

      Land in Keeseville, NY

      Two parcels of land totaling 53.2 acres in Keeseville.
      Grove St, Keeseville, NY 12944
      View Details
    • Contact for pricing
      3.10 Acres

      Keeseville Land For Sale

      3.1 acre buildable lot near Ausable Chasm and Lake Champlain.
      Grove St, Keeseville, NY 12944
      View Details
    • $165,000
      23.00 Acres

      Keeseville Land with Mining Potential

      23-acre land in Keeseville, NY, with mining royalty interest.
      Nys Rte 373, Keeseville, NY 12944
      View Details
    • Contact for pricing
      6.01 Acres

      Flat Lot in Chesterfield, NY

      6.01 acre lot suitable for camping or home construction.
      Soper Rd, Keeseville, NY 12944
      View Details
    View Listing
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    Keeseville, NY 12944
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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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