7 Whiteface Inn Ln Unit 219 Interval 7 · Lake Placid, NY 12946

$37,500

1 bd · 1.5 ba · 866 sqft · Townhouse public records · 179 Days on market

Built 2004 435 sqft lot $325/mo HOA · 36% of rent ↓ 25% since listing

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Why this score? — see what drove the B grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.5/10.0
• Livability +3.3/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Your ultimate Lake Placid getaway awaits. Private Residence #219 - Interval 7 at Whiteface Lodge. Own a 1/12 deeded share at the Whiteface Lodge where rustic meets luxury. Interval 7 is now available giving you four weeks each year spread across the seasons. This second-floor residence offers a spacious one-bedroom layout with one and a half baths, along with stunning views of Whiteface Mountain. Thoughtfully designed and beautifully finished, the unit also includes access to all the world-class amenities the Lodge has to offer. The Whiteface Lodge, inspired by the classic Adirondack Great Camps. Owners enjoy access to an impressive list of amenities, including indoor and outdoor pools, a full-service spa, private movie theater, bowling lanes, fitness center, on-site dining, seasonal ice rink, pickle ball and basketball courts, an ice cream café, and a private beach club on gorgeous Lake Placid.

Key facts

• On-site dining
• Fitness center
• Full-service spa

Tags

• INDOOR AND OUTDOOR POOLS
• FULL-SERVICE SPA
• PRIVATE MOVIE THEATER
• BOWLING LANES
• FITNESS CENTER
• ON-SITE DINING

What this means for you Summary

Snapshot

• This is a 1-bed/1.5-bath townhouse listed at $38k.

Deal economics

• At list price, monthly cash flow is $161 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($898 rent vs $38k).
• Recommended offer: $33k (12.0% below list) — sets the bar for market timing.
• Cap rate 11.5% vs local median 1.6% in Lake Placid — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 66/100 on livability (#647 in NY) — a middle-class / working-renter tenant base. Strengths: amenities A+, crime A; Watch: employment D+, cost of living D+, commute F.
• Lake Placid Central School District (town): math 46% / reading 58% proficiency, ranked #344 of 590 in NY (top 58%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Lake Placid Elementary School (math 52% / reading 62%, grade C+, #842 of 2,108 statewide, top 43%, 244 students, 33% FRL); Lake Placid Junior-Senior High School (math 42% / reading 52%, grade D-, #1,007 of 1,100 statewide, top 93%, 294 students, 36% FRL).
• Market conditions: 148 active listings in the ZIP; 218 units permitted in Essex County in 2024 (63 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $259 of loan paydown is wiped out by about $1k of value loss. Plan a longer hold.
• Essex County population projected at -20% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $10k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 179 days — a 12% lower offer ($33k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 9y ago; this cycle's ask has dropped $8k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: HOA is 36% of rent.

Recommended offer $33,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 179 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 2.39% ✓
• Cap rate: 11.45%
• Cash-on-cash: 18.44%
• DSCR: 1.82
• GRM: 3.5

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 10.5%
• Equity multiple: 1.42×
• Total profit: $4,388
• Equity at exit: $5,591

10-year hold

• IRR: 19.9%
• Equity multiple: 2.70×
• Total profit: $17,827
• Equity at exit: $3,242

Cash invested: $10,500 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 15 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City: — inherits STATE

NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

Methodology + full state rankings →

ZIP-level market 12946

• Home prices YoY: -21.5%
• Active inventory: 148
• Price-to-rent: 3.5×

Monthly cashflow live

• Estimated rent: $898 medium
• Mortgage (P&I): −$197
• Tax from tax record: −$11 /mo · $130/yr
• Insurance: −$16
• HOA: −$325
• Vacancy / Maint / Mgmt: −$189
• Net cashflow: $161

Break-even live

Break-even rent $694

Max offer price $37,500

Occupancy floor 77%

Sensitivity live

Price	-10% $183	-5% $172	+0% $161	+5% $151	+10% $140
Rent	-10% $90	-5% $126	+0% $161	+5% $197	+10% $232
Rate	-1.0pp $180	-0.5pp $171	base $161	+0.5pp $152	+1.0pp $142

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $9,375
• Closing costs: $1,125
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $325 · $3,900/yr
• Likely covers: poolgym

Listing history 12 events

1. 2026-05-18
   status Pending 915-char remark

   Show marketing remark (915 chars)

   Your ultimate Lake Placid getaway awaits. Private Residence #219 - Interval 7 at Whiteface Lodge. Own a 1/12 deeded share at the Whiteface Lodge where rustic meets luxury. Interval 7 is now available giving you four weeks each year spread across the seasons. This second-floor residence offers a spacious one-bedroom layout with one and a half baths, along with stunning views of Whiteface Mountain. Thoughtfully designed and beautifully finished, the unit also includes access to all the world-class amenities the Lodge has to offer. The Whiteface Lodge, inspired by the classic Adirondack Great Camps. Owners enjoy access to an impressive list of amenities, including indoor and outdoor pools, a full-service spa, private movie theater, bowling lanes, fitness center, on-site dining, seasonal ice rink, pickle ball and basketball courts, an ice cream café, and a private beach club on gorgeous Lake Placid.

2. 2026-04-21
   price $37,500 915-char remark

   Show marketing remark (915 chars)

   Your ultimate Lake Placid getaway awaits. Private Residence #219 - Interval 7 at Whiteface Lodge. Own a 1/12 deeded share at the Whiteface Lodge where rustic meets luxury. Interval 7 is now available giving you four weeks each year spread across the seasons. This second-floor residence offers a spacious one-bedroom layout with one and a half baths, along with stunning views of Whiteface Mountain. Thoughtfully designed and beautifully finished, the unit also includes access to all the world-class amenities the Lodge has to offer. The Whiteface Lodge, inspired by the classic Adirondack Great Camps. Owners enjoy access to an impressive list of amenities, including indoor and outdoor pools, a full-service spa, private movie theater, bowling lanes, fitness center, on-site dining, seasonal ice rink, pickle ball and basketball courts, an ice cream café, and a private beach club on gorgeous Lake Placid.

3. 2026-03-19
   status Active 915-char remark

   Show marketing remark (915 chars)

   Your ultimate Lake Placid getaway awaits. Private Residence #219 - Interval 7 at Whiteface Lodge. Own a 1/12 deeded share at the Whiteface Lodge where rustic meets luxury. Interval 7 is now available giving you four weeks each year spread across the seasons. This second-floor residence offers a spacious one-bedroom layout with one and a half baths, along with stunning views of Whiteface Mountain. Thoughtfully designed and beautifully finished, the unit also includes access to all the world-class amenities the Lodge has to offer. The Whiteface Lodge, inspired by the classic Adirondack Great Camps. Owners enjoy access to an impressive list of amenities, including indoor and outdoor pools, a full-service spa, private movie theater, bowling lanes, fitness center, on-site dining, seasonal ice rink, pickle ball and basketball courts, an ice cream café, and a private beach club on gorgeous Lake Placid.

4. 2026-03-07
   historical 915-char remark

   Show marketing remark (915 chars)

   Your ultimate Lake Placid getaway awaits. Private Residence #219 - Interval 7 at Whiteface Lodge. Own a 1/12 deeded share at the Whiteface Lodge where rustic meets luxury. Interval 7 is now available giving you four weeks each year spread across the seasons. This second-floor residence offers a spacious one-bedroom layout with one and a half baths, along with stunning views of Whiteface Mountain. Thoughtfully designed and beautifully finished, the unit also includes access to all the world-class amenities the Lodge has to offer. The Whiteface Lodge, inspired by the classic Adirondack Great Camps. Owners enjoy access to an impressive list of amenities, including indoor and outdoor pools, a full-service spa, private movie theater, bowling lanes, fitness center, on-site dining, seasonal ice rink, pickle ball and basketball courts, an ice cream café, and a private beach club on gorgeous Lake Placid.

5. 2026-01-24
   status Active 915-char remark

   Show marketing remark (915 chars)

   Your ultimate Lake Placid getaway awaits. Private Residence #219 - Interval 7 at Whiteface Lodge. Own a 1/12 deeded share at the Whiteface Lodge where rustic meets luxury. Interval 7 is now available giving you four weeks each year spread across the seasons. This second-floor residence offers a spacious one-bedroom layout with one and a half baths, along with stunning views of Whiteface Mountain. Thoughtfully designed and beautifully finished, the unit also includes access to all the world-class amenities the Lodge has to offer. The Whiteface Lodge, inspired by the classic Adirondack Great Camps. Owners enjoy access to an impressive list of amenities, including indoor and outdoor pools, a full-service spa, private movie theater, bowling lanes, fitness center, on-site dining, seasonal ice rink, pickle ball and basketball courts, an ice cream café, and a private beach club on gorgeous Lake Placid.

6. 2025-12-18
   status Pending 915-char remark

   Show marketing remark (915 chars)

   Your ultimate Lake Placid getaway awaits. Private Residence #219 - Interval 7 at Whiteface Lodge. Own a 1/12 deeded share at the Whiteface Lodge where rustic meets luxury. Interval 7 is now available giving you four weeks each year spread across the seasons. This second-floor residence offers a spacious one-bedroom layout with one and a half baths, along with stunning views of Whiteface Mountain. Thoughtfully designed and beautifully finished, the unit also includes access to all the world-class amenities the Lodge has to offer. The Whiteface Lodge, inspired by the classic Adirondack Great Camps. Owners enjoy access to an impressive list of amenities, including indoor and outdoor pools, a full-service spa, private movie theater, bowling lanes, fitness center, on-site dining, seasonal ice rink, pickle ball and basketball courts, an ice cream café, and a private beach club on gorgeous Lake Placid.

7. 2025-12-04
   price $40,000 915-char remark

   Show marketing remark (915 chars)

   Your ultimate Lake Placid getaway awaits. Private Residence #219 - Interval 7 at Whiteface Lodge. Own a 1/12 deeded share at the Whiteface Lodge where rustic meets luxury. Interval 7 is now available giving you four weeks each year spread across the seasons. This second-floor residence offers a spacious one-bedroom layout with one and a half baths, along with stunning views of Whiteface Mountain. Thoughtfully designed and beautifully finished, the unit also includes access to all the world-class amenities the Lodge has to offer. The Whiteface Lodge, inspired by the classic Adirondack Great Camps. Owners enjoy access to an impressive list of amenities, including indoor and outdoor pools, a full-service spa, private movie theater, bowling lanes, fitness center, on-site dining, seasonal ice rink, pickle ball and basketball courts, an ice cream café, and a private beach club on gorgeous Lake Placid.

8. 2025-10-01
   listed $45,000 Active 915-char remark

   Show marketing remark (915 chars)

   Your ultimate Lake Placid getaway awaits. Private Residence #219 - Interval 7 at Whiteface Lodge. Own a 1/12 deeded share at the Whiteface Lodge where rustic meets luxury. Interval 7 is now available giving you four weeks each year spread across the seasons. This second-floor residence offers a spacious one-bedroom layout with one and a half baths, along with stunning views of Whiteface Mountain. Thoughtfully designed and beautifully finished, the unit also includes access to all the world-class amenities the Lodge has to offer. The Whiteface Lodge, inspired by the classic Adirondack Great Camps. Owners enjoy access to an impressive list of amenities, including indoor and outdoor pools, a full-service spa, private movie theater, bowling lanes, fitness center, on-site dining, seasonal ice rink, pickle ball and basketball courts, an ice cream café, and a private beach club on gorgeous Lake Placid.

9. 2018-10-31
   soldstatus $39,000 658-char remark

   Show marketing remark (658 chars)

   Live the vacation lifestyle! Private Residence #219 is a second level spacious one bedroom, 1 & 1/2 bath residence. One of the largest 1BR, it sleeps four people comfortably and has a two person Jacuzzi in the Master Bath. Located on the popular Whiteface wing of the resort, the residence has an excellent view of Whiteface Mt. and the McKenzie Mt. range. Enjoy all the amenities of the world famous Whiteface Lodge. A buyer would be purchasing a 1/12 deed (one week every 12 weeks forever, minimum of 4 weeks per year) at The Whiteface Lodge, which may each be sold, willed or transferred. Fees and taxes reflect 1/12 ownership. Interval 1 available.

10. 2017-01-05
    listed $41,000 658-char remark

    Show marketing remark (658 chars)

    Live the vacation lifestyle! Private Residence #219 is a second level spacious one bedroom, 1 & 1/2 bath residence. One of the largest 1BR, it sleeps four people comfortably and has a two person Jacuzzi in the Master Bath. Located on the popular Whiteface wing of the resort, the residence has an excellent view of Whiteface Mt. and the McKenzie Mt. range. Enjoy all the amenities of the world famous Whiteface Lodge. A buyer would be purchasing a 1/12 deed (one week every 12 weeks forever, minimum of 4 weeks per year) at The Whiteface Lodge, which may each be sold, willed or transferred. Fees and taxes reflect 1/12 ownership. Interval 1 available.

11. 2015-04-13
    soldstatus $34,000
12. 2012-01-17
    soldstatus $50,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $130 · $11/mo
• Projected year-2 tax: $382 · $32/mo
• Expected delta: +$252/yr (+$21/mo · 193.7%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 1/10 Low 8 d/yr ≥88°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low 0% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $10,776
• − Mortgage interest: −$2,101
• − Property taxes: −$130
• − Insurance: −$188
• − Repairs & maintenance: −$862
• − Management: −$862
• − HOA: −$3,900
• − Depreciation: −$1,091
• Taxable income: $1,643
• Est. tax owed @ 24.0%: −$394
• After-tax cash flow: $1,541/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Lake Placid Central School District
• NCES district ID: 3616500
• Math proficiency: 46% ▼ -1.00%
• Reading proficiency: 58% ▲ 13.00%
• Median HH income: $52,508
• Composite: 44.64/100
• National rank: #2770
• State rank: #344 of 590 in NY

Livability — Lake Placid

• Score: 66/100
• State rank: #647
• US rank: #12118

Category grades

Amenities A+ Commute F Cost of living D+ Crime A Employment D+ Housing C Health & safety D- User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 4,805

Population outlook (Essex County) Hauer SSP2

• Today (2025): 36,758 people
• By 2030: 35,697 · -2.9%
• By 2040: 32,697 · -11.0%
• By 2050: 29,248 · -20.4%
• By 2075: 22,641 · -38.4%
• By 2100: 16,602 · -54.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (93%)
• Race & ethnicity: White 93% Two or more races 3% Hispanic / Latino 3%
• Common ancestry: Lithuanian 9% Romanian 5% American 5%
• Foreign-born: 10% · Canada
• Languages at home: 87% English-only · Russian/Polish/Slavic 8% Spanish 3% Other Indo-European 2%

Political lean MEDSL · Essex

• 2024 margin: Toss-up / Even · D 50.2% · R 49.8%
• 2008→2024 swing: -12.8pp toward R · 2008: 13.3pp · 2024: 0.5pp
• All cycles: 2024: D+0.5 2020: D+5.0 2016: R+3.4 2012: D+15.0 2008: D+13.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -85.84%
• Current HPI: 313.7624
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

-25.0% since first listed

12 events — show timeline

• 2026-05-18 Pending — ACVMLS
• 2026-04-21 Price Changed $37,500 ACVMLS
• 2026-03-19 Relisted — ACVMLS
• 2026-03-07 Delisted — ACVMLS
• 2026-01-24 Relisted — ACVMLS
• 2025-12-18 Pending — ACVMLS
• 2025-12-04 Price Changed $40,000 ACVMLS
• 2025-10-01 Listed $45,000 ACVMLS
• 2018-10-31 Sold (MLS) $39,000 ACVMLS
• 2017-01-05 Listed $41,000 ACVMLS
• 2015-04-13 Sold (Public Records) $34,000 Public Records
• 2012-01-17 Sold (Public Records) $50,000 Public Records

Property tax history

-2.4%/yr

Latest (2025): $130 · -5.2% YoY. Source: county tax records.