$381,200
●
House -
Off Market
357 Malta Ave
Ballston Spa, NY 12020
4 Beds
2 Baths,
1
Half Bath
1,809 Ft²
$2,259
Est. Monthly
8.09%
Cap Rate
About This Property
Welcome to 357 Malta Ave, Ballston Spa! This beautifully renovated
(2021) & freshly painted home offers modern amenities, stylish
finishes, & a prime location near Ballston Spa Village. The
open-concept layout seamlessly connects the living room, kitchen, &
dining area, creating a bright, airy space with hardwood floors
throughout. The kitchen features granite countertops & subway tile.
A versatile office (or 4th bedroom), a full bath, & first-floor
laundry add convenience. Relax in the spacious family room with
built-in surround sound & French doors leading to a wraparound
deck. Make your way up the extra-wide staircase to a comfortable
primary ensuite with a double vanity, plus two additional bedrooms
& a half bath. Located minutes from schools, Saratoga Lake, &
downtown Saratoga Spring
Unit Size
1,809 Ft²
Days on Market
47 days
Land Size
0.41 acres
Price per sqft
$193
Property Type
House
Property Taxes
$540
HOA Dues
-
Year Built
1935
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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 #202514208)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 14, 2025 | Sold | ||
| Sold | |||
| Apr 3, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Listed by KW Platform | $350,000 | |
| Listed by KW Platform | |||
| Jun 18, 2021 | Sold | ||
| Sold | |||
| Apr 16, 2021 | Listed by Berkshire Hathaway HomeServices Blake, REALTORS | $309,000 | |
| Listed by Berkshire Hathaway HomeServices Blake, REALTORS | |||
| | |||
|
Have you been holding out for that truly turn key home? Well you've found it. Move right in to this completely remodeled gem tucked just stones throw from Ballston Spa village. Nothing overlooked & no expense spared. EVERYTHING is brand new 2021 & all up to code. Step inside to an open concept living room/kitchen/dining room. Off the living room is an office (or perhaps a 4th bedroom) & a full bathroom. Past the custom kitchen w/ all new appliances is a huge family room w/ built in surround sound & French doors out to a wrap around deck. 1st floor laundry too. Head up extra wide stairs to a large master suite w/ double vanity, 2 more bedrooms & a half bathroom. Minutes to the elementary school & little league field. Very short drive to Saratoga Lake & downtown Saratoga. This is the one! Superior Condition, Custom Kitchen Feature
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Property Highlights
Parking Available
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Listed by: Melissa Mitchell
KW Platform
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202514208
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.
KW Platform
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202514208
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Address: 335 Madison Avenue, New York, NY 10017