For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Saratoga
470 SODEMAN Road
$70,000
● House - Off Market

470 SODEMAN Road

Milton, NY 12850
bedrooms
3 Beds
bathrooms
1 Bath
$118,228
RealtyHop Estimate
68.90%
Since Sep 1, 2016
National-US
Primary Model

About This Property

LOTS OF POTENTIAL WITH SOME ELBOW-GREASE YOU CAN MAKE THIS PROPERTY SHINE!! INVESTORS DON'T LET THIS GO BY.. PROPERTY COMES WITH 4 ACRES... And it is located 15 Min and about 8.1 miles away from Saratoga Race Track, & Casino, also about 25 min. and about 14.3 miles away from a Chip plant, Global Foundries, and many other great things that Saratoga has to offer. Purchase of the property will be by cash at closing or on terms acceptable to the seller. Fair Condition
Unit Size
-
Days on Market
-
Land Size
4.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$165
HOA Dues
-
Year Built
1875

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 #201603287)

Price History

Date / Event Date Event Price
Sep 7, 2016 Sold
Premium
Sold
Feb 26, 2016 Listed by CKM Team Realty $70,000
Listed by CKM Team Realty
Dec 8, 2015 Sold
Premium
Sold

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1875
  • Effective Year Built: 1980
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 53,143
  • Lot Size Frontage Feet: 3,000
  • Total Building Area: 1,189
  • Building Area: 1,189
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,189
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001220
  • 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 J03838
  • District: 414289
  • Section: 163.00
  • Parcel: 414289 163.-1-9.1
  • Block: 1
  • Lot: 9.001
  • Municipality: MILTON (TOV)
  • Latitude: 43.0788
  • Longitude: -73.8958

    Address

  • Full Address: 470 Sodeman Rd
  • Address - House Number: 470
  • Address - Street Name: Sodeman
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Middle Grove
  • Carrier Code: R002
  • 4-Digit Zip Code: 1114
  • Zip Code: 12850

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $273,907
  • Tax Rate Code Area: 411500

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 602,486
  • High Value: 878,526
  • Low Value: 326,445

    Market Valuation

  • Market Total Value: $207,439
  • Market Land Value: $67,525
  • Market Improvement Value: $139,914

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $145,000
  • Assessed Land Value: $47,200
  • Assessed Improvements Value: $97,800

    Sales

  • Current Sale Contract Date: Aug 17, 2016
  • Current Sale Recording Date: Sep 07, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Dec 08, 2015
  • Previous Sale Contract Date: Oct 02, 2015
  • Previous Sale Amount: $500
  • 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

$263

Below Asking

0.01%

Average Days on Market

65

Average Home Size

2214 ft²

Average Home Age

73.5 years

Currently For Sale

654 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: Harold Baldwin
CKM Team Realty
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201603287
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 470 Sodeman Road built and last sold?
The property at 470 Sodeman Road was built in 1875 and last sold on Aug 17, 2016 for $70,000.
How much is this home worth?
The estimated value of the home located at 470 Sodeman Road is $0.
What are some comparable homes to 470 Sodeman Road?
There are currently no comparable homes to 470 Sodeman Road.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Milton Homes for Sale
Milton Houses for Sale
Milton Condos for Sale
Milton Townhouses for Sale
Milton Multifamily for Sale
Milton Land for Sale
Milton Commercial for Sale
Milton Homes with Basements
Nearby Cities
Saratoga Springs Homes for Sale
Ballston Spa Homes for Sale
Country Knolls Homes for Sale
North Ballston Spa Homes for Sale
Round Lake Homes for Sale
Galway Homes for Sale
Nearby Property Records
Saratoga County, NY Property Records
Schenectady County, NY Property Records
Albany County, NY Property Records
Montgomery County, NY Property Records
Washington County, NY Property Records
Fulton County, NY Property Records
Rensselaer County, NY Property Records
Bennington County, VT Property Records
Nearby Counties
Saratoga Springs Homes for Sale
Malta Homes for Sale
Wilton Homes for Sale
Ballston Homes for Sale
Greenfield Homes for Sale
Charlton Homes for Sale
Galway Homes for Sale
Providence Homes for Sale
Top Real Estate Agents
Top Agents in Milton
Top Agents in 12866
Top Agents in 12020
Top Agents in Saratoga Springs
Top Agents in Saratoga Springs
Top Agents in Malta
Top Agents in Wilton
Top Agents in 12019