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Saratoga 12019
71 Raylinsky Road
$625,000
● House - Off Market

71 Raylinsky Road

Malta, NY 12019
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,356 Ft²
$3,457
Est. Monthly
7.03%
Cap Rate

About This Property

OPEN HOUSE CANCELLED! This immaculate ranch offers two living spaces in one amazing home on 1.22 acres! Features include hardwood floors, a large great room with gas fireplace, kitchen with Cambria countertops, and a beautiful front porch. The main floor boasts a large primary suite with tray ceilings, a spacious bathroom, and a second bedroom with a sliding glass door to its own private porch area. The basement offers a separate living space with a living room, bathroom, and three large bedrooms.   Additional features include central vac. and in-ground heated pool! Best and Final Due 4/13 8p
Unit Size
2,356 Ft²
Days on Market
91 days
Land Size
1.22 acres
Price per sqft
$244
Property Type
House
Property Taxes
$633
HOA Dues
-
Year Built
1996

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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 #202415031)

Price History

Date / Event Date Event Price
Jul 11, 2024 Sold
Premium
Sold
Apr 14, 2024 In contract -
In contract
Apr 10, 2024 Listed by Renovo Real Estate $574,900
Listed by Renovo Real Estate
Jul 31, 1996 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • 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: 1,056
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 53,143
  • Lot Size Frontage Feet: 1,918
  • Total Building Area: 2,356
  • Gross Building Area: 2,356
  • Building Area: 2,356
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,356
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001220
  • Standard Land Use Code: 1999
  • County Land Use Code: 215
  • Legal Description 1: SIDE: N LOT 19

Neighborhood

  • School District Name: Shenendehowa Central School District
  • School Tax School District: SHENENDEHOWA
  • Census Tract: 061904

Zoning

  • Zoning: PDD

Geography

  • District: 414089
  • Section: 250.14
  • Parcel: 414089 250.14-7-22
  • Block: 7
  • Lot: 22.000
  • Municipality: MALTA (TOV)
  • Latitude: 42.929
  • Longitude: -73.8104

    Address

  • Full Address: 71 Raylinsky Rd
  • Address - House Number: 71
  • Address - Street Name: Raylinsky
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Ballston Lake
  • Carrier Code: R009
  • 4-Digit Zip Code: 1115
  • Zip Code: 12019

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $512,246
  • Tax Rate Code Area: 412402

    Appraisal Valuation

  • Standard Deviation: 0.1992
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 491,049
  • High Value: 588,915
  • Low Value: 393,183

    Market Valuation

  • Market Total Value: $450,000
  • Market Land Value: $70,000
  • Market Improvement Value: $380,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $450,000
  • Assessed Land Value: $70,000
  • Assessed Improvements Value: $380,000

    Exemptions

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

    Sales

  • Current Sale Contract Date: Jul 11, 1996
  • Current Sale Recording Date: Jul 31, 1996
  • Current Sale Price:
    Premium
  • Current 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

$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

Unit for rent at 20 Birch Hill Road, Ballston Lake, NY, 12019

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 2,900 ft²
20 Birch Hill Road, Ballston Lake, NY, 12019 Listing by Jennifer L Karam

Rentals Near You

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

Listed by: Jennifer Mentiply
Renovo Real Estate
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202415031
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 71 Raylinsky Road built and last sold?
The property at 71 Raylinsky Road was built in 1996 and last sold on Jul 11, 1996 for $32,000.
How much is this home worth?
The estimated value of the home located at 71 Raylinsky Road is $580,649.
What are some comparable homes to 71 Raylinsky Road?
There are currently no comparable homes to 71 Raylinsky Road.
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