121 Fourth Ave, Caroga Lake, NY 12032

2 bd · 1 ba · 1,000 sqft · built 1950 · Caroga Lake · SINGLE_FAMILY·source listing ↗

$249,900

rent, three ways

OnePercent model (vv1)$1,954/mo

p10–p90 confidence band

HUD Fair Market Rent · 12032 · 2BR$1,200/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Fulton

Flood risk indexRelatively Low FEMA NRI

Median household income$65,789

Median area rent—

Median home value$182,300

the verdict

0.78%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$249,900

0.78% · rent $1,954

Intrinsic value · income approach

$224,872

11% above intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.