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Saratoga
115 Forest Drive
$310,000
● House - Off Market

115 Forest Drive

Northumberland, NY 12831
bedrooms
3 Beds
bathrooms
2 Baths
$298,029
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Fabulous Find!  Lovely 3 bedroom 2 bath expanded ranch situated on a beautifully landscaped and private double lot.  Gracious living room with picture window.  Spacious primary suite with walk-in closet and bath. A finished basement provides plenty of space for hobbies and recreation.  An oversized two-car garage provides abundant storage.  An inviting screened porch  and a generously proportioned deck are perfect for entertaining.  Great investment - property has the potential to be sub-divided into two lots.  This property brims with possibilities, offering the canvas for you to infuse your own style and make it truly yours. Welcome home!
Unit Size
-
Days on Market
-
Land Size
1.16 acres
Price per sqft
-
Property Type
House
Property Taxes
$453
HOA Dues
-
Year Built
1977

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Global MLS #202322005)

Price History

Date / Event Date Event Price
Oct 13, 2023 Sold
Premium
Sold
Aug 21, 2023 In contract -
In contract
Aug 17, 2023 Price Decreased $299,900
↓ $37K (11%)
Price Decreased
Aug 3, 2023 Listed by KW Platform $337,000
Listed by KW Platform

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1981
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 792
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,094
  • Lot Size Frontage Feet: 2,800
  • Total Building Area: 1,530
  • Building Area: 1,530
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,530
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001150
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: South Glens Falls Central School District
  • School Tax School District: SOUTH GLENS FAL
  • Census Tract: 060800

Zoning

  • Zoning: R2

Geography

  • Account Number: 5 J01319
  • District: 414600
  • Section: 103.12
  • Parcel: 414600 103.12-4-33
  • Block: 4
  • Lot: 33.000
  • Municipality: NORTHUMBERLAND
  • Latitude: 43.1933
  • Longitude: -73.647

    Address

  • Full Address: 115 Forest Dr
  • Address - House Number: 115
  • Address - Street Name: Forest
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Gansevoort
  • Carrier Code: R011
  • 4-Digit Zip Code: 2078
  • Zip Code: 12831

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $137,822
  • Tax Rate Code Area: 414401

    Appraisal Valuation

  • Standard Deviation: 0.1949
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 74
  • Final Value: 347,423
  • High Value: 415,162
  • Low Value: 279,684

    Market Valuation

  • Market Total Value: $328,730
  • Market Land Value: $63,175
  • Market Improvement Value: $265,555

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,100
  • Assessed Land Value: $39,800
  • Assessed Improvements Value: $167,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 05, 2023
  • Current Sale Recording Date: Oct 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023026108
  • Previous Sale Recording Date: Oct 13, 2023
  • Previous Sale Contract Date: Sep 29, 2023
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Saratoga

Stats & Trends

Median Asking:

$489,000

Sale Price/ft²

$263

Below Asking

0.01%

Average Days on Market

66

Average Home Size

2192 ft²

Average Home Age

77 years

Currently For Sale

643 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7 James Court, Gansevoort, NY, 12831

$2,300 /mo

  • 2 Beds
  • 1 Bath
  • 970 ft²
7 James Court #B, Gansevoort, NY, 12831 Listing by Brian Hollister

Rentals Near You

Click here to view more rentals in the neighborhood.
Global MLS

Listed by: Marion DeSantis
KW Platform
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202322005
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 115 Forest Drive built and last sold?
The property at 115 Forest Drive was built in 1977 and last sold on Oct 5, 2023 for $310,000.
How much is this home worth?
The estimated value of the home located at 115 Forest Drive is $0.
What are some comparable homes to 115 Forest Drive?
There are currently no comparable homes to 115 Forest Drive.
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