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Saratoga 12822
5 Sanders Road
$661,000
● House - Off Market

5 Sanders Road

Hadley, NY 12822
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,516 Ft²
$3,717
Est. Monthly
3.09%
Cap Rate

About This Property

Welcome to this meticulously maintained 3-bed, 2.5-bath custom home on 3.6 acres in the Southern Adirondack Mtns. The first-floor primary suite features a clawfoot soaking tub and walk-in closet. The open concept design is perfect for entertaining or cozy evenings in. An expansive bonus room upstairs offers endless possibilities. Outside, enjoy perennial gardens, an expansive patio, custom stone fireplace, and a spa. Plenty of room to start your homestead and vegetable gardens. Located just 15 minutes from Lake George, 10 minutes to Great Sacandaga Lake, and 2 minutes to the Hudson River boat launch, it's perfect for outdoor enthusiasts. Saratoga Springs, Glens Falls, and Queensbury are under 30 minutes away. Don't miss this peaceful, private retreat!
Unit Size
2,516 Ft²
Days on Market
56 days
Land Size
3.61 acres
Price per sqft
$258
Property Type
House
Property Taxes
$525
HOA Dues
-
Year Built
2003

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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 #202512505)

Price History

Date / Event Date Event Price
Apr 23, 2025 Sold
Premium
Sold
Mar 5, 2025 In contract -
In contract
Feb 26, 2025 Listed by Tailored Real Estate Group $649,900
Listed by Tailored Real Estate Group
Apr 20, 2016 Sold
Premium
Sold
Apr 20, 2015 Listed by Tailored Real Estate Group $399,900
Listed by Tailored Real Estate Group
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 560
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 157,252
  • Lot Size Frontage Feet: 2,687
  • Total Building Area: 2,303
  • Building Area: 2,303
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,303
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003610
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 5

Neighborhood

  • School District Name: Corinth Central School District
  • School Tax School District: HADLEY-LUZERNE
  • Census Tract: 060501

Zoning

  • Zoning: N

Geography

  • Account Number: 5 J01332
  • District: 413600
  • Section: 46.00
  • Parcel: 413600 46.-1-12.11
  • Block: 1
  • Lot: 12.011
  • Municipality: HADLEY
  • Latitude: 43.2917
  • Longitude: -73.8368

    Address

  • Full Address: 5 Sanders Rd
  • Address - House Number: 5
  • Address - Street Name: Sanders
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Corinth
  • Carrier Code: R002
  • 4-Digit Zip Code: 2637
  • Zip Code: 12822

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $353,139
  • Tax Rate Code Area: 523201

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 76
  • Final Value: 585,871
  • High Value: 690,679
  • Low Value: 481,064

    Market Valuation

  • Market Total Value: $404,830
  • Market Land Value: $78,125
  • Market Improvement Value: $326,705

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $285,000
  • Assessed Land Value: $55,000
  • Assessed Improvements Value: $230,000

    Sales

  • Current Sale Contract Date: Apr 19, 2016
  • Current Sale Recording Date: Apr 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jul 16, 2004
  • Previous Sale Contract Date: Jul 08, 2004
  • Previous Sale Amount: $295,000
  • 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

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Global MLS

Listed by: Lyndsi Ruggiero
Tailored Real Estate Group
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202512505
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 5 Sanders Road built and last sold?
The property at 5 Sanders Road was built in 2003 and last sold on Apr 19, 2016 for $390,000.
How much is this home worth?
The estimated value of the home located at 5 Sanders Road is $0.
What are some comparable homes to 5 Sanders Road?
There are currently no comparable homes to 5 Sanders Road.
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