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North Ballston Spa 12020
14 Encore Drive
$924,397
● House - Off Market

14 Encore Drive

Milton, NY 12020
bedrooms
3 Beds
bathrooms
4 Baths, 2 Half Baths
$3,182
Est. Monthly

About This Property

Impressive ranch style home with 3 car garage situated on a premium cul-de-sac location in beautiful Iron Spring Estates, a brand new community with 32 homesites ranging from half to over 3 acres! Iron Spring Estates offers cul-de-sac living, outstanding amenities and the ability to customize your brand new home.  Pride of craftsmanship by an Award Winning Builder will be yours at Iron Spring Estates! Photos of previously built homes are for reference only. Agent is part owner and related to builder.
Unit Size
-
Days on Market
-
Land Size
0.55 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2022

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: 3 years ago (Global MLS #202212053)

Price History

Date / Event Date Event Price
Jan 24, 2024 Sold
Premium
Sold
Feb 15, 2022 Listed by Sterling Real Estate Group $647,900
Listed by Sterling Real Estate Group

Property Highlights

Garage
Air Conditioning
Fireplace
Parking Available

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 3
  • Basement Area: 974
  • Garage Type: 1
  • Garage Square Area: 724
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,818
  • Lot Size Frontage Feet: 504
  • Total Building Area: 3,134
  • Building Area: 3,134
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,134
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000960
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Ballston Spa Central School District
  • School Tax School District: BALLSTON SPA
  • Census Tract: 061403

Zoning

  • Zoning: R1

Geography

  • Account Number: 5 J02421
  • District: 414289
  • Section: 203.11
  • Parcel: 414289 203.11-2-16.1
  • Block: 2
  • Lot: 16.001
  • Municipality: MILTON (TOV)
  • Latitude: 43.019
  • Longitude: -73.8484

    Address

  • Full Address: 14 Encore Dr
  • Address - House Number: 14
  • Address - Street Name: Encore
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Ballston Spa
  • Carrier Code: R006
  • 4-Digit Zip Code: 2452
  • Zip Code: 12020

Valuation

    Tax

  • Tax Amount: $0
  • Tax Rate Code Area: 414201

    Market Valuation

  • Market Total Value: $121,602
  • Market Land Value: $121,602

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,000
  • Assessed Land Value: $85,000

    Sales

  • Current Sale Contract Date: Jan 18, 2024
  • Current Sale Recording Date: Jan 24, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 2143
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 North Ballston Spa

Stats & Trends

Median Asking:

$389,900

Sale Price/ft²

$278

Below Asking

0.01%

Average Days on Market

96

Average Home Size

1061 ft²

Average Home Age

67.3 years

Currently For Sale

4 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 327 Rowland Street, Ballston Spa, NY, 12020

$2,650 /mo

  • 3 Beds
  • 1 Bath
  • 1,400 ft²
327 Rowland Street, Ballston Spa, NY, 12020 Listing by Shayna L Goodson

Rentals Near You

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

Listed by: Carla Alvord
Sterling Real Estate Group
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202212053
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 14 Encore Drive built and last sold?
The property at 14 Encore Drive was built in 2022 and last sold on Jan 18, 2024 for $673,500.
How much is this home worth?
The estimated value of the home located at 14 Encore Drive is $0.
What are some comparable homes to 14 Encore Drive?
There are currently no comparable homes to 14 Encore Drive.
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