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Saratoga
183 Wells Road
$55,000
● Land - Off Market

183 Wells Road

Corinth, NY 12859
bedrooms
Studio
bathrooms
0 Bath
$458
Est. Monthly
28.28%
Cap Rate

About This Property

Seize the opportunity to build the home of your dreams in a setting that offers privacy, beauty and a connection with the great outdoors on this private 2.04 acre lot. Whether you envision a cozy cabin or a modern retreat, this lot offers endless possibilities for crafting your ideal residence. Located in Corinth School District and 20 minutes to downtown Saratoga Springs, this piece of land could be the foundation for your own slice of country paradise!
Unit Size
-
Days on Market
428 days
Land Size
2.04 acres
Price per sqft
-
Property Type
Land
Property Taxes
$65
HOA Dues
-
Year Built
2004

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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 #202417405)

Price History

Date / Event Date Event Price
Jul 18, 2025 Sold
Premium
Sold
Nov 20, 2024 No longer available -
No longer available
May 13, 2024 Listed by Oxford Property Group USA $79,900
Listed by Oxford Property Group USA
Nov 6, 2015 Sold
Premium
Sold
Nov 3, 2014 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 122,839
  • Lot Size Frontage Feet: 2,200
  • Total Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002820
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 3

Neighborhood

  • School District Name: Corinth Central School District
  • School Tax School District: CORINTH
  • Census Tract: 060400

Zoning

  • Zoning: RR

Geography

  • District: 412689
  • Section: 98.00
  • Parcel: 412689 98.-1-48
  • Block: 1
  • Lot: 48.000
  • Municipality: CORINTH (TOV)
  • Latitude: 43.2002
  • Longitude: -73.8904

    Address

  • Full Address: 183 Wall St
  • Address - House Number: 183
  • Address - Street Name: Wall
  • Address - Suffix Type: St
  • State: NY
  • City Name: Corinth
  • Zip Code: 12822

Valuation

    Tax

  • Tax Year: 2016
  • Tax Amount: $437,660
  • Tax Rate Code Area: 412601

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 79
  • Final Value: 354,398
  • High Value: 413,197
  • Low Value: 295,598

    Market Valuation

  • Market Total Value: $262,609
  • Market Land Value: $40,109
  • Market Improvement Value: $222,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $241,600
  • Assessed Land Value: $36,900
  • Assessed Improvements Value: $204,700

    Sales

  • Current Sale Contract Date: Aug 27, 2015
  • Current Sale Recording Date: Nov 06, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 03, 2014
  • Previous Sale Contract Date: Oct 17, 2014
  • Previous Sale Amount: $211,874
  • 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:

$485,000

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

66

Average Home Size

2213 ft²

Average Home Age

77.9 years

Currently For Sale

625 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

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Global MLS

Listed by: Shayna L Goodson
Oxford Property Group USA
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202417405
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 183 Wells Road built and last sold?
The property at 183 Wells Road was built in 2004 and last sold on Aug 27, 2015 for $165,000.
How much is this home worth?
The estimated value of the home located at 183 Wells Road is $0.
What are some comparable homes to 183 Wells Road?
There are currently no comparable homes to 183 Wells Road.
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