Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    946 Lk Blvd, Unit 954 Mahopac, NY 10541-3242

    • Investment properties
    • 13,260 SF
    • 0.14 lot acres
    OFF-MARKET
    Value Estimations
    $1,765,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-3972336
    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

    • Rossy's Nail Bar / Nail Salon

    Property Details for 946 Lk Blvd

    Year built
    1926
    Lot size
    0.14 lot acres
    Property size
    13,260 SF
    Zone code
    C
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    372000 75.44-1-46
    APU
    3720007544146

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,721,000
      Market price range: $1.72M - $4.01M

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

    Location Insight

    • Map
    • Local Demand
    City
    Mahopac
    County
    Putnam
    State
    New York
    Longitude
    -73.7359
    Latitude
    41.3719
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    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
    $30,458
    $211,800
    $635,700
    $847,500
    -
    $211,800
    $635,700
    $847,500

    Comparable in this City

    • Value Estimation
      $1,240,000
      8,302 SF

      890 Lk Blvd, Unit 900

      OFFICE/RESIDENTIAL (MIXED USE) • 8,302 SF
      890 Lk Blvd, Mahopac, NY 10541-4765
      View Details
    • Value Estimation by Request
      1,236 SF

      69 Secor Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,236 SF
      69 Secor Rd, Mahopac, NY 10541-2069
      View Details
    • Value Estimation
      $1,120,000
      5,767 SF

      237 Rte 6th 6

      OFFICE/RESIDENTIAL (MIXED USE) • 5,767 SF
      237 Rte 6th 6, Mahopac, NY 10541-3844
      View Details
    • Value Estimation by Request
      720 SF

      1013 Rte 6th 6

      OFFICE/RESIDENTIAL (MIXED USE) • 720 SF
      1013 Rte 6th 6, Mahopac, NY 10541-1718
      View Details
    • Value Estimation by Request
      4,248 SF

      960-962 Rt 6th 6

      OFFICE/RESIDENTIAL (MIXED USE) • 4,248 SF
      960-962 Rt 6th 6, Mahopac, NY 10541
      View Details
    • Value Estimation by Request
      2,224 SF

      422 Rte 6th 6

      OFFICE/RESIDENTIAL (MIXED USE) • 2,224 SF
      422 Rte 6th 6, Mahopac, NY 10541-1503
      View Details

    Similar Nearby for Sale

    • $200,000

      Canopus Island Waterfront Retreat

      Secluded Island Land, Lake Mahopac, NY
      44 Canopus Is, Mahopac, NY 10541
      View Details
    • $1,350,000
      4,800 SF

      Mahopac Multi-Family Contractor's Yard

      14-Acre Compound, 5 Units, High Potential
      16 Ernest Ln, Mahopac, NY 10541
      View Details
    • $4,250,000
      8,557 SF

      Mahopac Diner for Sale

      Prime NY Diner, 8,557 SF, High Traffic
      195 Us-6, Carmel Hamlet, NY 10541
      View Details
    • $275,000
      Pending

      Mahopac Land with Reservoir Views

      1.38 acre corner lot in Capri Estates neighborhood.
      75 Eleanor Dr, Mahopac, NY 10541
      View Details
    • $399,000
      1.47 Acres

      Somers Land for Custom Home

      1.47 acre lot in Somers, build your dream home.
      13 Florence Dr, Mahopac, NY 10541
      View Details
    • $275,000

      Established Diner in Putnam County

      Turn-key diner opportunity with loyal customer base and locked-in rent.
      565 1 & 2, Mahopac, NY 10541
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      129,373 SF

      Mahopac Industrial Land For Rent

      Industrial land for rent, ideal for contractors and tradesmen.
      16 Ernest Ln, Mahopac, NY 10541
      View Details
    • $1,495 /Mo

      Office/Retail Space with Lake View

      Charming Mahopac office/retail space with lake view and patio.
      900 S Lake Blvd, Mahopac, NY 10541
      View Details
    • $1,500 /Mo

      Mahopac Office Space For Lease

      400 sq ft office space in a high-traffic Mahopac location.
      78 Secor Rd, Mahopac, NY 10541
      View Details
    • $3,200 /Mo

      Medical Center at Mahopac

      Medical/professional office building on Route 6 with high visibility.
      572 Route 6, Mahopac, NY 10541
      View Details
    • $7,300 /Mo

      Medical Center on Busy Route 6

      Medical and professional office spaces for lease with high visibility.
      572 Mahopac Plz, Mahopac, NY 10541
      View Details
    • $2,000 /Mo
      600 SF

      Renovated Commercial Space with Views

      Prime Mahopac commercial space with lake views and modern finishes.
      900 S Lake Blvd, Mahopac, NY 10541
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    946 Lk Blvd, Unit 954
    Mahopac, NY 10541-3242
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.