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7 Whiteface Inn Lane Ln Unit 311-12
B+ Composite 76.66
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
  • ARV discount +11.6/15.0
  • 1% rule +10.0/10.0
  • DSCR +10.0/10.0
  • Condition / age +4.8/5.0
  • Schools +4.5/10.0
  • Livability +3.3/5.0
  • Rent growth +2.5/5.0
  • Appreciation +0.0/10.0

$35,000

7 Whiteface Inn Lane Ln Unit 311-12 · Lake Placid, NY 12946
1 bd · 1.0 ba · 538 sqft · SingleFamily · 281 Days on market
Built 2004 Excellent condition 4,356 sqft lot $65/sqft · 9% below area Est $39k · 9% under $201/mo HOA · 24% of rent ↓ 7% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Luxury Interval Ownership at Whiteface Lodge. Private Residence #311, Interval 12 offers a beautifully appointed one-bedroom residence at the prestigious Whiteface Lodge. This 1-bedroom, 1-bath suite includes five weeks of ownership in 2026, featuring highly desirable stays July 10-17 and December 25-January 1, delivering the perfect balance of peak summer enjoyment and a festive holiday retreat. For those seeking additional space, Unit 119, Interval 12 is also available, offering concurrent ownership during the same coveted weeks. Designed in the timeless style of the Adirondack Great Camps, Suite 311 blends rustic elegance with refined comfort. The open-concept layout includes a gracious living and dining area, fully equipped kitchen, and a warm fireplace. The residence features a queen bedroom and a pullout sofa, comfortably accommodating up to four guests. A private walkout patio/balcony extends the living space outdoors—ideal for morning coffee or evening relaxation. Ownership conveys a 1/12 deeded interest, providing a minimum of four weeks of annual use, with the ability to sell or bequeath the interest. Owners enjoy access to Whiteface Lodge's exceptional amenities, including indoor and outdoor pools, full-service spa, fitness center, bowling lanes, private movie theater, on-site dining, seasonal ice rink, pickleball and basketball courts, ice cream café, and exclusive access to the private beach on Lake Placid Lake.

Key facts

  • Open floor plan
  • Spa
  • Walk out patio

Tags

OPEN FLOOR PLANCOZY FIREPLACEWALK OUT PATIOINDOOR AND OUTDOOR POOLSPABOWLING LANES

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath single-family listed at $35k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $207 ($2k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($822 rent vs $35k).
  • Recommended offer: $31k (12.0% below list) — sets the bar for market timing.
  • Cap rate 13.4% 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 $242 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 ~5 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 281 days — a 12% lower offer ($31k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $2k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: HOA is 24% of rent.
Recommended offer $30,800 (12.0% below list)

Questions for the listing agent

  1. It's been on market 281 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
2.35%
Cap rate
13.37%
Cash-on-cash
25.29%
DSCR
2.13
GRM
3.5

CMA / ARV

ARV (median comp)
$38,549
List price
$35,000
Delta
-9.21%
Verdict
FAIR
Comps
4 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
7 Whiteface Inn Lane Ln Unit 311, Int. 6 0.00mi 1/1.0 539 (+0%) 22mo $29,500 $55 81

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold
IRR
19.1%
Equity multiple
1.78×
Total profit
$7,620
Equity at exit
$5,219
10-year hold
IRR
27.6%
Equity multiple
3.46×
Total profit
$24,127
Equity at exit
$3,026

Cash invested: $9,800 (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.

ZIP-level market 12946

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

Monthly cashflow live

Estimated rent
$822 medium interval (Pro) →
Mortgage (P&I)
$184
Tax est. 1.5%
$44 /mo · $525/yr
Insurance
$15
HOA
$201
Vacancy / Maint / Mgmt
$173
Net cashflow
$207

Break-even live

Break-even rent $561
Max offer price $35,000
Occupancy floor 70%

Sensitivity live

Price -10% $231 -5% $219 +0% $207 +5% $194 +10% $182
Rent -10% $142 -5% $174 +0% $207 +5% $239 +10% $271
Rate -1.0pp $224 -0.5pp $215 base $207 +0.5pp $197 +1.0pp $188

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
$8,750
Closing costs
$1,050
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

HOA detail

Monthly dues
$201 · $2,412/yr
Likely covers
poolgym

Listing history 10 events

  1. 2026-05-08
    price $35,000 1461-char remark
    Show marketing remark (1461 chars)

    Luxury Interval Ownership at Whiteface Lodge. Private Residence #311, Interval 12 offers a beautifully appointed one-bedroom residence at the prestigious Whiteface Lodge. This 1-bedroom, 1-bath suite includes five weeks of ownership in 2026, featuring highly desirable stays July 10-17 and December 25-January 1, delivering the perfect balance of peak summer enjoyment and a festive holiday retreat. For those seeking additional space, Unit 119, Interval 12 is also available, offering concurrent ownership during the same coveted weeks. Designed in the timeless style of the Adirondack Great Camps, Suite 311 blends rustic elegance with refined comfort. The open-concept layout includes a gracious living and dining area, fully equipped kitchen, and a warm fireplace. The residence features a queen bedroom and a pullout sofa, comfortably accommodating up to four guests. A private walkout patio/balcony extends the living space outdoors—ideal for morning coffee or evening relaxation. Ownership conveys a 1/12 deeded interest, providing a minimum of four weeks of annual use, with the ability to sell or bequeath the interest. Owners enjoy access to Whiteface Lodge's exceptional amenities, including indoor and outdoor pools, full-service spa, fitness center, bowling lanes, private movie theater, on-site dining, seasonal ice rink, pickleball and basketball courts, ice cream café, and exclusive access to the private beach on Lake Placid Lake.

  2. 2026-04-09
    price $31,000 1461-char remark
    Show marketing remark (1461 chars)

    Luxury Interval Ownership at Whiteface Lodge. Private Residence #311, Interval 12 offers a beautifully appointed one-bedroom residence at the prestigious Whiteface Lodge. This 1-bedroom, 1-bath suite includes five weeks of ownership in 2026, featuring highly desirable stays July 10-17 and December 25-January 1, delivering the perfect balance of peak summer enjoyment and a festive holiday retreat. For those seeking additional space, Unit 119, Interval 12 is also available, offering concurrent ownership during the same coveted weeks. Designed in the timeless style of the Adirondack Great Camps, Suite 311 blends rustic elegance with refined comfort. The open-concept layout includes a gracious living and dining area, fully equipped kitchen, and a warm fireplace. The residence features a queen bedroom and a pullout sofa, comfortably accommodating up to four guests. A private walkout patio/balcony extends the living space outdoors—ideal for morning coffee or evening relaxation. Ownership conveys a 1/12 deeded interest, providing a minimum of four weeks of annual use, with the ability to sell or bequeath the interest. Owners enjoy access to Whiteface Lodge's exceptional amenities, including indoor and outdoor pools, full-service spa, fitness center, bowling lanes, private movie theater, on-site dining, seasonal ice rink, pickleball and basketball courts, ice cream café, and exclusive access to the private beach on Lake Placid Lake.

  3. 2026-03-19
    status Active 1461-char remark
    Show marketing remark (1461 chars)

    Luxury Interval Ownership at Whiteface Lodge. Private Residence #311, Interval 12 offers a beautifully appointed one-bedroom residence at the prestigious Whiteface Lodge. This 1-bedroom, 1-bath suite includes five weeks of ownership in 2026, featuring highly desirable stays July 10-17 and December 25-January 1, delivering the perfect balance of peak summer enjoyment and a festive holiday retreat. For those seeking additional space, Unit 119, Interval 12 is also available, offering concurrent ownership during the same coveted weeks. Designed in the timeless style of the Adirondack Great Camps, Suite 311 blends rustic elegance with refined comfort. The open-concept layout includes a gracious living and dining area, fully equipped kitchen, and a warm fireplace. The residence features a queen bedroom and a pullout sofa, comfortably accommodating up to four guests. A private walkout patio/balcony extends the living space outdoors—ideal for morning coffee or evening relaxation. Ownership conveys a 1/12 deeded interest, providing a minimum of four weeks of annual use, with the ability to sell or bequeath the interest. Owners enjoy access to Whiteface Lodge's exceptional amenities, including indoor and outdoor pools, full-service spa, fitness center, bowling lanes, private movie theater, on-site dining, seasonal ice rink, pickleball and basketball courts, ice cream café, and exclusive access to the private beach on Lake Placid Lake.

  4. 2026-03-07
    historical 1461-char remark
    Show marketing remark (1461 chars)

    Luxury Interval Ownership at Whiteface Lodge. Private Residence #311, Interval 12 offers a beautifully appointed one-bedroom residence at the prestigious Whiteface Lodge. This 1-bedroom, 1-bath suite includes five weeks of ownership in 2026, featuring highly desirable stays July 10-17 and December 25-January 1, delivering the perfect balance of peak summer enjoyment and a festive holiday retreat. For those seeking additional space, Unit 119, Interval 12 is also available, offering concurrent ownership during the same coveted weeks. Designed in the timeless style of the Adirondack Great Camps, Suite 311 blends rustic elegance with refined comfort. The open-concept layout includes a gracious living and dining area, fully equipped kitchen, and a warm fireplace. The residence features a queen bedroom and a pullout sofa, comfortably accommodating up to four guests. A private walkout patio/balcony extends the living space outdoors—ideal for morning coffee or evening relaxation. Ownership conveys a 1/12 deeded interest, providing a minimum of four weeks of annual use, with the ability to sell or bequeath the interest. Owners enjoy access to Whiteface Lodge's exceptional amenities, including indoor and outdoor pools, full-service spa, fitness center, bowling lanes, private movie theater, on-site dining, seasonal ice rink, pickleball and basketball courts, ice cream café, and exclusive access to the private beach on Lake Placid Lake.

  5. 2026-02-02
    price $33,000 1461-char remark
    Show marketing remark (1461 chars)

    Luxury Interval Ownership at Whiteface Lodge. Private Residence #311, Interval 12 offers a beautifully appointed one-bedroom residence at the prestigious Whiteface Lodge. This 1-bedroom, 1-bath suite includes five weeks of ownership in 2026, featuring highly desirable stays July 10-17 and December 25-January 1, delivering the perfect balance of peak summer enjoyment and a festive holiday retreat. For those seeking additional space, Unit 119, Interval 12 is also available, offering concurrent ownership during the same coveted weeks. Designed in the timeless style of the Adirondack Great Camps, Suite 311 blends rustic elegance with refined comfort. The open-concept layout includes a gracious living and dining area, fully equipped kitchen, and a warm fireplace. The residence features a queen bedroom and a pullout sofa, comfortably accommodating up to four guests. A private walkout patio/balcony extends the living space outdoors—ideal for morning coffee or evening relaxation. Ownership conveys a 1/12 deeded interest, providing a minimum of four weeks of annual use, with the ability to sell or bequeath the interest. Owners enjoy access to Whiteface Lodge's exceptional amenities, including indoor and outdoor pools, full-service spa, fitness center, bowling lanes, private movie theater, on-site dining, seasonal ice rink, pickleball and basketball courts, ice cream café, and exclusive access to the private beach on Lake Placid Lake.

  6. 2025-12-16
    price $37,000 1461-char remark
    Show marketing remark (1461 chars)

    Luxury Interval Ownership at Whiteface Lodge. Private Residence #311, Interval 12 offers a beautifully appointed one-bedroom residence at the prestigious Whiteface Lodge. This 1-bedroom, 1-bath suite includes five weeks of ownership in 2026, featuring highly desirable stays July 10-17 and December 25-January 1, delivering the perfect balance of peak summer enjoyment and a festive holiday retreat. For those seeking additional space, Unit 119, Interval 12 is also available, offering concurrent ownership during the same coveted weeks. Designed in the timeless style of the Adirondack Great Camps, Suite 311 blends rustic elegance with refined comfort. The open-concept layout includes a gracious living and dining area, fully equipped kitchen, and a warm fireplace. The residence features a queen bedroom and a pullout sofa, comfortably accommodating up to four guests. A private walkout patio/balcony extends the living space outdoors—ideal for morning coffee or evening relaxation. Ownership conveys a 1/12 deeded interest, providing a minimum of four weeks of annual use, with the ability to sell or bequeath the interest. Owners enjoy access to Whiteface Lodge's exceptional amenities, including indoor and outdoor pools, full-service spa, fitness center, bowling lanes, private movie theater, on-site dining, seasonal ice rink, pickleball and basketball courts, ice cream café, and exclusive access to the private beach on Lake Placid Lake.

  7. 2025-11-11
    price $33,000 1461-char remark
    Show marketing remark (1461 chars)

    Luxury Interval Ownership at Whiteface Lodge. Private Residence #311, Interval 12 offers a beautifully appointed one-bedroom residence at the prestigious Whiteface Lodge. This 1-bedroom, 1-bath suite includes five weeks of ownership in 2026, featuring highly desirable stays July 10-17 and December 25-January 1, delivering the perfect balance of peak summer enjoyment and a festive holiday retreat. For those seeking additional space, Unit 119, Interval 12 is also available, offering concurrent ownership during the same coveted weeks. Designed in the timeless style of the Adirondack Great Camps, Suite 311 blends rustic elegance with refined comfort. The open-concept layout includes a gracious living and dining area, fully equipped kitchen, and a warm fireplace. The residence features a queen bedroom and a pullout sofa, comfortably accommodating up to four guests. A private walkout patio/balcony extends the living space outdoors—ideal for morning coffee or evening relaxation. Ownership conveys a 1/12 deeded interest, providing a minimum of four weeks of annual use, with the ability to sell or bequeath the interest. Owners enjoy access to Whiteface Lodge's exceptional amenities, including indoor and outdoor pools, full-service spa, fitness center, bowling lanes, private movie theater, on-site dining, seasonal ice rink, pickleball and basketball courts, ice cream café, and exclusive access to the private beach on Lake Placid Lake.

  8. 2025-09-04
    price $36,500 1461-char remark
    Show marketing remark (1461 chars)

    Luxury Interval Ownership at Whiteface Lodge. Private Residence #311, Interval 12 offers a beautifully appointed one-bedroom residence at the prestigious Whiteface Lodge. This 1-bedroom, 1-bath suite includes five weeks of ownership in 2026, featuring highly desirable stays July 10-17 and December 25-January 1, delivering the perfect balance of peak summer enjoyment and a festive holiday retreat. For those seeking additional space, Unit 119, Interval 12 is also available, offering concurrent ownership during the same coveted weeks. Designed in the timeless style of the Adirondack Great Camps, Suite 311 blends rustic elegance with refined comfort. The open-concept layout includes a gracious living and dining area, fully equipped kitchen, and a warm fireplace. The residence features a queen bedroom and a pullout sofa, comfortably accommodating up to four guests. A private walkout patio/balcony extends the living space outdoors—ideal for morning coffee or evening relaxation. Ownership conveys a 1/12 deeded interest, providing a minimum of four weeks of annual use, with the ability to sell or bequeath the interest. Owners enjoy access to Whiteface Lodge's exceptional amenities, including indoor and outdoor pools, full-service spa, fitness center, bowling lanes, private movie theater, on-site dining, seasonal ice rink, pickleball and basketball courts, ice cream café, and exclusive access to the private beach on Lake Placid Lake.

  9. 2025-08-19
    price $32,000 1461-char remark
    Show marketing remark (1461 chars)

    Luxury Interval Ownership at Whiteface Lodge. Private Residence #311, Interval 12 offers a beautifully appointed one-bedroom residence at the prestigious Whiteface Lodge. This 1-bedroom, 1-bath suite includes five weeks of ownership in 2026, featuring highly desirable stays July 10-17 and December 25-January 1, delivering the perfect balance of peak summer enjoyment and a festive holiday retreat. For those seeking additional space, Unit 119, Interval 12 is also available, offering concurrent ownership during the same coveted weeks. Designed in the timeless style of the Adirondack Great Camps, Suite 311 blends rustic elegance with refined comfort. The open-concept layout includes a gracious living and dining area, fully equipped kitchen, and a warm fireplace. The residence features a queen bedroom and a pullout sofa, comfortably accommodating up to four guests. A private walkout patio/balcony extends the living space outdoors—ideal for morning coffee or evening relaxation. Ownership conveys a 1/12 deeded interest, providing a minimum of four weeks of annual use, with the ability to sell or bequeath the interest. Owners enjoy access to Whiteface Lodge's exceptional amenities, including indoor and outdoor pools, full-service spa, fitness center, bowling lanes, private movie theater, on-site dining, seasonal ice rink, pickleball and basketball courts, ice cream café, and exclusive access to the private beach on Lake Placid Lake.

  10. 2025-08-04
    listed $37,500 Active 1461-char remark
    Show marketing remark (1461 chars)

    Luxury Interval Ownership at Whiteface Lodge. Private Residence #311, Interval 12 offers a beautifully appointed one-bedroom residence at the prestigious Whiteface Lodge. This 1-bedroom, 1-bath suite includes five weeks of ownership in 2026, featuring highly desirable stays July 10-17 and December 25-January 1, delivering the perfect balance of peak summer enjoyment and a festive holiday retreat. For those seeking additional space, Unit 119, Interval 12 is also available, offering concurrent ownership during the same coveted weeks. Designed in the timeless style of the Adirondack Great Camps, Suite 311 blends rustic elegance with refined comfort. The open-concept layout includes a gracious living and dining area, fully equipped kitchen, and a warm fireplace. The residence features a queen bedroom and a pullout sofa, comfortably accommodating up to four guests. A private walkout patio/balcony extends the living space outdoors—ideal for morning coffee or evening relaxation. Ownership conveys a 1/12 deeded interest, providing a minimum of four weeks of annual use, with the ability to sell or bequeath the interest. Owners enjoy access to Whiteface Lodge's exceptional amenities, including indoor and outdoor pools, full-service spa, fitness center, bowling lanes, private movie theater, on-site dining, seasonal ice rink, pickleball and basketball courts, ice cream café, and exclusive access to the private beach on Lake Placid Lake.

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

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

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$9,865
− Mortgage interest
−$1,961
− Property taxes
−$525
− Insurance
−$175
− Repairs & maintenance
−$789
− Management
−$789
− HOA
−$2,412
− Depreciation
−$1,018
Taxable income
$2,196
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$527
After-tax cash flow
$1,952/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.

Condition & rehab AI · 11 photos

Excellent 95/100 None rehab

This luxury interval ownership at Whiteface Lodge is in excellent condition with no visible repairs needed. The premium interval ownership and luxury amenities make it a top investment opportunity.

Value-add opportunities

  • Both (interval ownership) — Highly desirable interval ownership with premium dates
  • Both amenities — Luxury amenities like bowling alley and hot tub enhance both resale and rental value

Renovation cost estimate screening

Value-add ROI direction

  • Both (interval ownership) — Highly desirable interval ownership with premium dates
  • Both amenities — Luxury amenities like bowling alley and hot tub enhance both resale and rental value

ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.

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

Price history

-6.7% since first listed
10 events — show timeline
  • 2026-05-08 Price Changed $35,000 ACVMLS
  • 2026-04-09 Price Changed $31,000 ACVMLS
  • 2026-03-19 Relisted ACVMLS
  • 2026-03-07 Delisted ACVMLS
  • 2026-02-02 Price Changed $33,000 ACVMLS
  • 2025-12-16 Price Changed $37,000 ACVMLS
  • 2025-11-11 Price Changed $33,000 ACVMLS
  • 2025-09-04 Price Changed $36,500 ACVMLS
  • 2025-08-19 Price Changed $32,000 ACVMLS
  • 2025-08-04 Listed $37,500 ACVMLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…