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Saratoga
47 Ray Road
$1,300,000
● House - Off Market

47 Ray Road

Clifton Park, NY 12148
bedrooms
3 Beds
bathrooms
5 Baths, 2 Half Baths
$8,536
Est. Monthly
0.48%
Cap Rate

About This Property

Live the Life of Luxury on 2.3 Private Acres in Rexford! This One-of-a-Kind Custom Home has 3 Levels of Upgraded Living w/Stunning Designer Finishes in Every Room! Gourmet Kitchen w/Top of the Line Appliances & Large Island Open to the Dining Room & Living Room! 1st Floor Bedroom Suite w/Full Bathroom Perfect for Guests. 2nd Staircase Leads to Huge Entertainment Room w/Wet Bar or Perfect 4th Bedroom Option! Too Many Details to List *See Features List*: Wide Plank Hardwood Floors, Coffered & Beadboard Ceilings, Crown Molding, Oversized Trim, Solid Core Doors, Pocket Doors, Plantation Shutters & Custom Window Treatments, Custom Built-ins, California Closets, 2 Laundry Rooms, Zoned Radiant Heated Floors Entire Home. 2nd Floor Two Primary Suites w/Cathedral Ceilings! New Wrap Around Trex Deck
Unit Size
-
Days on Market
-
Land Size
2.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,416
HOA Dues
-
Year Built
2012

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 #202424063)

Price History

Date / Event Date Event Price
Oct 11, 2024 Sold
Premium
Sold
Sep 4, 2024 In contract -
In contract
Aug 22, 2024 Listed by Fortune Realty Group, LLC $1,450,000
Listed by Fortune Realty Group, LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 1,321
  • Parking Space Count: 5
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 100,188
  • Lot Size Frontage Feet: 2,904
  • Total Building Area: 3,330
  • Building Area: 3,330
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,330
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002300
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Shenendehowa Central School District
  • School Tax School District: SHENENDEHOWA
  • Census Tract: 062602

Zoning

  • Zoning: 07 - MIXED

Geography

  • Account Number: 5 J01466
  • District: 412400
  • Section: 282.00
  • Parcel: 412400 282.-2-11.3
  • Block: 2
  • Lot: 11.003
  • Municipality: CLIFTON PARK
  • Latitude: 42.828
  • Longitude: -73.8337

    Address

  • Full Address: 47 Ray Rd
  • Address - House Number: 47
  • Address - Street Name: Ray
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Rexford
  • Carrier Code: R002
  • 4-Digit Zip Code: 1409
  • Zip Code: 12148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,616,365
  • Tax Rate Code Area: 412402

    Appraisal Valuation

  • Standard Deviation: 0.1659
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 79
  • Final Value: 972,018
  • High Value: 1,133,289
  • Low Value: 810,747

    Market Valuation

  • Market Total Value: $1,040,000
  • Market Land Value: $114,872
  • Market Improvement Value: $925,128

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $405,600
  • Assessed Land Value: $44,800
  • Assessed Improvements Value: $360,800
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:

$489,000

Sale Price/ft²

$262

Below Asking

0.01%

Average Days on Market

66

Average Home Size

2192 ft²

Average Home Age

77 years

Currently For Sale

643 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: Jennifer L Fortune
Fortune Realty Group, LLC
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202424063
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 47 Ray Road built and last sold?
The property at 47 Ray Road was built in 2012 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 47 Ray Road is $0.
What are some comparable homes to 47 Ray Road?
There are currently no comparable homes to 47 Ray Road.
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