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Saratoga
6 FAIRMOUNT Drive
$25,000
● Land - Off Market

6 FAIRMOUNT Drive

Gansevoort, NY 12831
bedrooms
Studio
bathrooms
0 Bath
$72,006
RealtyHop Estimate
167.68%
Since Dec 1, 2001
National-US
Primary Model

About This Property

TERRIFIC BUILDING LOT IN VERY NICE SUB-DIVISION. GREAT WILTON LOCATION. CLOSE TO EXIT 15 & 16. OUR BUILDER OR YOURS!! CALL I WILL MEET YOU THERE. REALITY REALTY 587-5543. FAX 587-4090.
Unit Size
-
Days on Market
-
Land Size
0.48 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2002

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: 2 years ago (Global MLS #2120494)

Price History

Date / Event Date Event Price
May 14, 2008 Sold
Premium
Sold
Mar 4, 2008 Listed by Reality Realty $219,900
Listed by Reality Realty
Nov 21, 2001 Sold
Premium
Sold
Jan 12, 2001 Listed by Reality Realty $26,900
Listed by Reality Realty

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Total Rooms: 5
  • 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: 19
  • 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: 330
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,456
  • Building Area: 1,456
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,456
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • 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: 060706

Zoning

  • Zoning: R-1

Geography

  • District: 415600
  • Section: 127.12
  • Parcel: 415600 127.12-1-15
  • Block: 1
  • Lot: 15.000
  • Municipality: WILTON
  • Latitude: 43.1515
  • Longitude: -73.7357

    Address

  • Full Address: 6 Fairmount Dr
  • Address - House Number: 6
  • Address - Street Name: Fairmount
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Gansevoort
  • Carrier Code: R007
  • 4-Digit Zip Code: 1459
  • Zip Code: 12831

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $437,412
  • Tax Rate Code Area: 411500

    Appraisal Valuation

  • Standard Deviation: 0.1992
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 415,654
  • High Value: 498,494
  • Low Value: 332,814

    Market Valuation

  • Market Total Value: $366,700
  • Market Land Value: $82,230
  • Market Improvement Value: $284,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $264,000
  • Assessed Land Value: $59,200
  • Assessed Improvements Value: $204,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 09, 2008
  • Current Sale Recording Date: May 14, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 21, 2001
  • Previous Sale Contract Date: Nov 14, 2001
  • Previous Sale Amount: $25,000
  • 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:

$474,900

Sale Price/ft²

$259

Below Asking

0.01%

Average Days on Market

61

Average Home Size

3397 ft²

Average Home Age

74.9 years

Currently For Sale

900 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

Unit for rent at 4259 New York 50, Saratoga Springs, NY, 12866

$1,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,050 ft²
4259 New York 50 #4, Saratoga Springs, NY, 12866 Listing by Marlon Mickle

Rentals Near You

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

Listed by: Karen Thomas
Reality Realty
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 2120494
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 6 Fairmount Drive built and last sold?
The property at 6 Fairmount Drive was built in 2002 and last sold on May 9, 2008 for $219,900.
How much is this home worth?
The estimated value of the home located at 6 Fairmount Drive is $0.
What are some comparable homes to 6 Fairmount Drive?
There are currently no comparable homes to 6 Fairmount Drive.
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