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Saratoga
370 Leroux Road
$453,000
● House - Off Market

370 Leroux Road

Middle Grove, NY 12850
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,400 Ft²
$2,455
Est. Monthly
6.02%
Cap Rate

About This Property

Highest and best 10/7 @ 6pm. Remodeled 3 bed 2 bath ranch on 2.77 acres in Saratoga Schools! Transformed from the studs up by Malta Development w/ everything brand new- from electrical, plumbing, HVAC, Roof, siding, windows, doors, LTV flooring, paint & more. Spray foam insulation to keep the heating and cooling costs low! Essentially like a brand-new home! An open floorplan offering a stylish kitchen with quartz counters, walk in pantry. The dining space features a slider that offers peaceful views of acreage. The Livingroom w/ Vaulted ceiling boasts stone gas fireplace for the cozy winter nights. Barn (32X50) is equipped with 4 stalls, insulated roof, ideal for your equine friend or all your hobbies or storage needs. Irrigation system ensures you'll have the nicest yard on the street
Unit Size
1,400 Ft²
Days on Market
53 days
Land Size
2.77 acres
Price per sqft
$311
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1976

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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 #202426831)

Price History

Date / Event Date Event Price
Nov 26, 2024 Sold
Premium
Sold
Oct 9, 2024 In contract -
In contract
Oct 4, 2024 Listed by Oxford Property Group USA $435,000
Listed by Oxford Property Group USA
Apr 1, 2024 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 120,661
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,316
  • Building Area: 1,316
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,316
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002770
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Saratoga Springs City School District
  • School Tax School District: SARATOGA SPRING
  • Census Tract: 061401

Zoning

  • Zoning: R2

Geography

  • Account Number: 5 J04006
  • District: 414289
  • Section: 163.00
  • Parcel: 414289 163.-1-40
  • Block: 1
  • Lot: 40.000
  • Municipality: MILTON (TOV)
  • Latitude: 43.0804
  • Longitude: -73.9042

    Address

  • Full Address: 370 Leroux Rd
  • Address - House Number: 370
  • Address - Street Name: Leroux
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Middle Grove
  • Carrier Code: R002
  • 4-Digit Zip Code: 1119
  • Zip Code: 12850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $105,899
  • Tax Rate Code Area: 411500

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 344,814
  • High Value: 406,204
  • Low Value: 283,425

    Market Valuation

  • Market Total Value: $301,717
  • Market Land Value: $29,757
  • Market Improvement Value: $271,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,900
  • Assessed Land Value: $20,800
  • Assessed Improvements Value: $190,100

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 19, 2024
  • Current Sale Recording Date: Apr 01, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7826
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

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

Listed by: Shayna L Goodson
Oxford Property Group USA
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202426831
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 370 Le Roux Road built and last sold?
The property at 370 Le Roux Road was built in 1976 and last sold on Feb 19, 2024 for $160,000.
How much is this home worth?
The estimated value of the home located at 370 Le Roux Road is $0.
What are some comparable homes to 370 Le Roux Road?
There are currently no comparable homes to 370 Le Roux Road.
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