1979 Hermance Road
About This Property
Galway - 4BR/2.5BA/2car on 1.63 acres surrounded by 100's of acres of undeveloped land/water view.
A refined Saratoga-area country retreat with modern rustic character. Set along a quiet country road near farms and open land, this distinctive home offers the calm, privacy and characters buyers seek - without sacrificing proximity to Saratoga. The flexible layout includes a desirable first-floor primary bedroom suite, offering a convenient single-level living while still providing additional bedrooms and living space upstairs. Wide-plank flooring, abundant natural light, a Jotul propane fireplace, a custom open staircase & surrounding undeveloped acreage create a serene, preserve-like setting with warmth and personality. With multiple bedrooms, a first-floor office/library/flexible bonus space and a partially finished basement, the home works equally well for everyday living, guests, remote work or multigenerational needs. It is a distinctive Saratoga county property with privacy, space, and a layout that is increasingly hard to find.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 30, 2026 | Sold | ||
| Sold | |||
| Oct 2, 2026 | In contract | - | |
| In contract | |||
| Sep 30, 2026 | Price Decreased |
$545,000
↓ $55K
(9.2%) | |
| Price Decreased | |||
| Sep 15, 2026 | Relisted | $599,900 | |
| Relisted | |||
| Sep 9, 2026 | Price Decreased |
$599,900
↓ $20K
(3.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017