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Saratoga 12025
1369 POINT Road
$310,000
● House - Off Market

1369 POINT Road

Galway, NY 12025
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$522,108
RealtyHop Estimate
68.48%
Since Dec 1, 2016
National-US
Primary Model

About This Property

LakeFront - Private Year Round on Galway Lake.  10 yr New - over 2500 sqft - Master Suite, 3bd All w/Walkin Closets, 2.1ba, Custom/Granite Kitchen, Custom built-ins. Generac and tons of storage.  9ft ceilings in walkout basement.  2 story Barn/Wood shop.  Additional vacant lot w/ well & septic being sold WITH home.   This home boast many custom features. HOA $200 Annually.  Lake rights and dock.  Swim, fish, boat & all the winter sports can be yours with this home.  Call ShowingTime or Agent to See (Pets) Superior Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$374
HOA Dues
$200
Year Built
2005

Payment Calculator

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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: 2 years ago (Global MLS #201616770)

Price History

Date / Event Date Event Price
Nov 15, 2022 Sold
Premium
Sold
Jul 14, 2022 Listed by Bird Realty $499,000
Listed by Bird Realty
Nov 29, 2016 Sold
Premium
Sold
Aug 10, 2016 Listed by Bird Realty $309,900
Listed by Bird Realty

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Total Rooms: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Lot Size Frontage Feet: 680
  • Total Building Area: 3,080
  • Building Area: 3,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,080
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Galway Central School District
  • School Tax School District: GALWAY
  • Census Tract: 061500

Zoning

  • Zoning: 07 - MIXED

Geography

  • Account Number: 5 J01130
  • District: 413289
  • Section: 198.06
  • Parcel: 413289 198.6-1-31
  • Block: 1
  • Lot: 31.000
  • Municipality: GALWAY (TOV)
  • Latitude: 43.0265
  • Longitude: -74.0769

    Address

  • Full Address: 1369 Point Rd
  • Address - House Number: 1369
  • Address - Street Name: Point
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Broadalbin
  • Carrier Code: R002
  • 4-Digit Zip Code: 2728
  • Zip Code: 12025

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $146,885
  • Tax Rate Code Area: 413201

    Appraisal Valuation

  • Standard Deviation: 0.1995
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 491,824
  • High Value: 589,958
  • Low Value: 393,690

    Market Valuation

  • Market Total Value: $427,500
  • Market Land Value: $27,750
  • Market Improvement Value: $399,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $342,000
  • Assessed Land Value: $22,200
  • Assessed Improvements Value: $319,800

    Sales

  • Current Sale Contract Date: Oct 26, 2022
  • Current Sale Recording Date: Nov 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 35650
  • Previous Sale Recording Date: Nov 29, 2016
  • Previous Sale Contract Date: Nov 21, 2016
  • Previous Sale Amount: $310,000
  • Previous Sale Document Type: 27
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:

$488,250

Sale Price/ft²

$263

Below Asking

0.01%

Average Days on Market

66

Average Home Size

2206 ft²

Average Home Age

76.9 years

Currently For Sale

632 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

Rentals Near You

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

Listed by: Deena Mannetti
Bird Realty
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 201616770
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 1369 Point Road built and last sold?
The property at 1369 Point Road was built in 2005 and last sold on Oct 26, 2022 for $505,000.
How much is this home worth?
The estimated value of the home located at 1369 Point Road is $503,990.
What are some comparable homes to 1369 Point Road?
There are currently no comparable homes to 1369 Point Road.
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