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Saratoga 12065
8 Birch Lane
$185,000
● House - Off Market

8 Birch Lane

Halfmoon, NY 12065
bedrooms
3 Beds
bathrooms
1 Bath
$171,223
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Excellent opportunity to obtain immediate equity. Investor or FHA 203k first time homebuyer opportunity. Property is currently winterized and does not have a heating system. Plumbing is in place and the property is around 80% complete. 20k estimated need to complete.  Over 2acres in Shenendehowa school district under 200k is a rarity!!! This home features, all new kitchen with granite, ceramic tile bath, updated electric and well pump. Be the one to finish this home and reap the benefits. This should not be on the market very long.
Unit Size
-
Days on Market
-
Land Size
2.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1968

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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 #202211051)

Price History

Date / Event Date Event Price
Jun 30, 2022 Sold
Premium
Sold
May 31, 2022 Sold
Premium
Sold
Jan 25, 2022 Listed by RE/MAX Platinum $169,900
Listed by RE/MAX Platinum
Dec 9, 2013 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 95,396
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,989
  • Building Area: 1,989
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,989
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002190
  • 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: 062409

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 5 J02693
  • District: 413800
  • Section: 273.17
  • Parcel: 413800 273.17-1-5
  • Block: 1
  • Lot: 5.000
  • Municipality: HALFMOON
  • Latitude: 42.8566
  • Longitude: -73.7313

    Address

  • Full Address: 8 Birch Ln
  • Address - House Number: 8
  • Address - Street Name: Birch
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Halfmoon
  • Carrier Code: R013
  • 4-Digit Zip Code: 4601
  • Zip Code: 12065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $353,283
  • Tax Rate Code Area: 412402

    Appraisal Valuation

  • Standard Deviation: 0.1444
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 178,095
  • High Value: 203,815
  • Low Value: 152,375

    Market Valuation

  • Market Total Value: $211,765
  • Market Land Value: $83,765
  • Market Improvement Value: $128,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $90,000
  • Assessed Land Value: $35,600
  • Assessed Improvements Value: $54,400

    Sales

  • Current Sale Contract Date: Jun 01, 2022
  • Current Sale Recording Date: Jun 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 21714
  • Previous Sale Recording Date: Dec 09, 2013
  • Previous Sale Contract Date: Sep 25, 2013
  • Previous Sale Amount: $165,000
  • 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:

$472,450

Sale Price/ft²

$260

Below Asking

0.01%

Average Days on Market

61

Average Home Size

3461 ft²

Average Home Age

81.9 years

Currently For Sale

848 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: David M Schrepper
RE/MAX Platinum
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202211051
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 8 Birch Lane built and last sold?
The property at 8 Birch Lane was built in 1968 and last sold on Jun 1, 2022 for $190,000.
How much is this home worth?
The estimated value of the home located at 8 Birch Lane is $0.
What are some comparable homes to 8 Birch Lane?
There are currently no comparable homes to 8 Birch Lane.
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