116 Nys Rt 32, Saratoga, NY 12871 (MLS# 202421637)


$680,000
116 Nys Rt 32
Saratoga, NY 12871
MLS# 202421637
Status: Closed
4 beds


Exterior 2_July 17 2024
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Exterior 2_July 17 2024 IMG_1771 IMG_1747 IMG_1757 IMG_1788 IMG_1722 IMG_1677 10a012b6-021c-46ba-be65-141eb7ab7fbd IMG_1674 IMG_1672 IMG_1669 IMG_1663 IMG_1711 IMG_1719 IMG_1691 IMG_1618 IMG_2736 IMG_4122 IMG_1792 IMG_2747 IMG_2772 IMG_2746 IMG_2758 IMG_2783 IMG_9005 IMG_9006 IMG_2753 IMG_2711 IMG_2714 IMG_2730 IMG_2814 IMG_2797 IMG_2793 IMG_2792 IMG_2802 IMG_2805 IMG_2821 IMG_2833 IMG_2804 IMG_0310 IMG_2806 IMG_0309 H2 IMG_9848 IMG_1790 Porch Porch 2 Exterior 6 DJI_0815-HDR DJI_0835-HDR DJI_0840-HDR DJI_0845-HDR DSC01019-HDR DSC00974-HDR Side view of barn DJI_0878-HDR IMG_0529 IMG_0530 IMG_0531 IMG_0489 IMG_0487

Property Description
This remarkable 165-acre property spans 3 parcels, presenting residential and investment opportunities. Featuring a beautiful, partially furnished farmhouse from the 1800s, suitable for both long-term and short-term rentals, a small Mobile Home Park with 6 pads and one owner owned unit, as well as a large 1800s vintage red barn. A portion of the property falls within the 'Village Extension District,' encouraging higher density development and increasing its overall potential. Please go to the ''Supplemental'' section of the MLS for additional details and information on AirBnB listings. Please see video for drone footage and virtual tour.

Details
Maps
Documents
Contract Information
Original List Price: 799000
List Price/SqFt: 209.53
Status: Closed
Property Sub Type: Quadruplex
Sold Price: $680,000
Current Price: $680,000
Listing Contract Date: 2024-07-17
Location
City/Town (Mail): Schuylerville
Street Number: 116
Street Name: Nys Rt 32
County: Saratoga
State/Province: NY
Postal Code: 12871
Geo Lat: 43.081982
Geo Lon: -73.604934
Property Detail
Rooms Total: 16
Bathrooms Half: 0
Garage Spaces: 2
Above Grade Finished Area: 3484
Above Grade Finished Area Source: Public Records
Parking Y/N: Yes
Below Grade Finished Area: 0
Below Grade Finished Area Source: CRS
Living Area: 3484
Lot Size Acres: 160.3
Waterfront Y/N: No
Enhanced Accessible Y/N: No
Bedrooms Total: 4
Bathrooms Full: 4
Year Built: 1950
Status Change Info
Sold Price/SqFt: 195.18
Status Change Date: 2025-09-24
Under Contract Date: 2025-03-28
Sold Date: 2025-09-02
Sold Price: $680,000
Parcel, Tax, HOA
Parcel Number: 415089 169.-2-14.1
Tax Annual Amount: 13089
Tax Section: 169.00
Total Taxes Description: Actual
Tax Block: 2
Tax Lot: 14.001
School District: Schuylerville
Elementary School: Schuylerville
High School: Schuylerville
Association Y/N: No
Directions & Remarks
Directions: From North: Follow I-87 S to Ballard Rd in Wilton. Take exit 16. Continue on Ballard Rd to 116 NY-32. From South: Take I-87 N to NY-9P S/Union Ave in Saratoga Springs. Take exit 14 off of I-87 N. Take Meadowbrook Rd, Co Rd 6 and NY-32 N to 116 NY-32.
Public Remarks: This remarkable 165-acre property spans 3 parcels, presenting residential and investment opportunities. Featuring a beautiful, partially furnished farmhouse from the 1800s, suitable for both long-term and short-term rentals, a small Mobile Home Park with 6 pads and one owner owned unit, as well as a large 1800s vintage red barn. A portion of the property falls within the 'Village Extension District,' encouraging higher density development and increasing its overall potential. Please go to the ''Supplemental'' section of the MLS for additional details and information on AirBnB listings. Please see video for drone footage and virtual tour.
Sewer
Septic Tank: 1
Architectural Style
Other: 1
Fencing
None: 1
Financial Details
General Taxes: 1807
General Taxes Description: Actual
School Taxes: 6920
School Taxes Description: Actual
Attic Features
Walk-Up: 1
Cooling
Other: 1
Basement
Full: 1
Bath Levels
Full Bath 1: 1st
Full Bath 2: 1st
Full Bath 3: 2nd
Full Bath 4: 2nd
Construction Materials
Brick: 1
Other Structures
Barn(s): 1
Photos - the contractual owner of the photos
Photo Owner: Seller/Landlord
Possession
At Closing: 1
Exterior Features
Other: 1
Flooring
Hardwood: 1
Other: Engineered Hardwood
Showing Requirements
Call Listing Agent: 1
Lockbox: 1
Special Listing Conditions
Other: 1
Roof
Metal: 1
Rubber: 1
Water Source
Shared Well: 1
Foundation Details
Block: 1
Type of Well
Drilled: 1
Waterfront Features
Creek: 1
Heating
Baseboard: 1
Electric: 1
Oil: 1
Income And Expenses
Rental Income: 134200
Rental Income Description: Estimated
Electric Expense: 4640
Electric Expense Description: Estimated
Total Income: 141400
Total Income Description: STR Inc + MHP Inc
Insurance Expense: 2729
Insurance Expense Description: Actual
Oil Expense: 963
Oil Expense Description: Estimated
Water Sewer Expense: 2092
Water Sewer Expense Desc.: Actual
Net Operating Income: 76300
Fuel Cost Description
Fuel Cost: 963
Heat Estimated: 1
Laundry Features
None: 1
Parking Features
Parking Total: 4
Garage: 1
Paved: 1
Patio And Porch Features
Covered: 1
Front Porch: 1
Owner Pays
Cable TV: 1
Electricity: 1
Internet: 1
Snow Removal: 1
Trash Collection: 1
Levels
Two: 1
Separate Utilities
Electric: 1
Unit Information
Number Of Air Conditoners: 2
Number Of Dishwashers: 2
Number Of Refrigerators: 2
Number Of Stoves: 2
Multi-Family Unit 1 Detail
Unit Location MF Unit 1: 1st Fl
Lease Term MF Unit 1: Other
Total Rooms MF Unit 1: 4
Total Bedrooms MF Unit 1: 1
Total Full Baths MF Unit 1: 1
Unit 1 Owner Furnish Features
Cable TV: 1
Electricity: 1
Heat: 1
Hot Water: 1
Internet: 1
Maintenance Grounds: 1
Oil: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 1 Includes
Bathroom: 1
Dishwasher: 1
Kitchen: 1
Living Room: 1
Other: 1
Multi-Family Unit 2 Detail
Unit Location MF Unit 2: 2nd FL
Lease Term MF Unit 2: Other
Total Rooms MF Unit 2: 4
Total Bedrooms MF Unit 2: 1
Total Full Baths MF Unit 2: 1
Unit 2 Owner Furnish Features
Cable TV: 1
Electricity: 1
Heat: 1
Internet: 1
Oil: 1
Snow Removal: 1
Trash: 1
Water: 1
Unit 2 Includes
Bathroom: 1
Dishwasher: 1
Kitchen: 1
Living Room: 1
Other: 1
Refrigerator: 1
Stove: 1
Multi-Family Unit 3 Detail
Unit Location MF Unit 3: 1st FL
Lease Term MF Unit 3: Other
Total Rooms MF Unit 3: 4
Total Bedrooms MF Unit 3: 1
Total Full Baths MF Unit 3: 1
Multi-Family Unit 4 Detail
Unit Location MF Unit 4: 2nd FL
Total Rooms MF Unit 4: 4
Total Bedrooms MF Unit 4: 1
Total Full Baths MF Unit 4: 1
Unit 1 Detail
Lease Term Unit 1: Other
Total Rooms Unit 1: 4
Total Bedrooms: 1
Unit 2 Detail
Lease Term Unit 2: Other
Kitchen Unit 2: Eat In
Total Rooms Unit 2: 4
Total Bedrooms: 1
Unit 3 Detail
Lease Term Unit 3: Other
Kitchen Unit 3: Eat In
Total Rooms Unit 3: 4
Total Bedrooms: 1
Unit 4 Detail
Lease Term Unit 4: Other
Kitchen Unit 4: Eat In
Total Rooms Unit 4: 4
Total Bedrooms: 1
Unit 1 Dining Room Type
None: 1
Unit 1 Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Unit 2 Dining Room Type
None: 1
Unit 2 Appliances
Dishwasher: 1
Range: 1
Refrigerator: 1
Property Features
Architectural Style: Other
Attic Features: Walk-Up
Basement: Full
Construction Materials: Brick
Cooling: Other
Exterior Features: Other
Fencing: None
Flooring: Hardwood
Foundation Details: Block
Fuel Cost Description: Heat Estimated
Heating: Baseboard; Electric; Oil
Laundry Features: None
Levels: Two
Other Structures: Barn(s)
Owner Pays: Cable TV; Electricity; Internet; Snow Removal; Trash Collection
Parking Features: Garage; Paved
Patio And Porch Features: Covered; Front Porch
Possession: At Closing
Roof: Metal; Rubber
Separate Utilities: Electric
Sewer: Septic Tank
Showing Requirements: Call Listing Agent; Lockbox
Special Listing Conditions: Other
Water Source: Shared Well
Type of Well: Drilled
Waterfront Features: Creek
Unit 1 Includes: Bathroom; Dishwasher; Kitchen; Living Room; Other
Unit 1 Owner Furnish Features: Cable TV; Electricity; Heat; Hot Water; Internet; Maintenance Grounds; Oil; Snow Removal; Trash; Water
Unit 1 Dining Room Type: None
Unit 1 Appliances: Dishwasher; Range; Refrigerator
Unit 2 Owner Furnish Features: Cable TV; Electricity; Heat; Internet; Oil; Snow Removal; Trash; Water
Unit 2 Includes: Bathroom; Dishwasher; Kitchen; Living Room; Other; Refrigerator; Stove
Unit 2 Dining Room Type: None
Unit 2 Appliances: Dishwasher; Range; Refrigerator
Supplements
The Farmhouse at Saratoga Overview This remarkable 165-acre property spans 3 parcels, presenting residential and investment opportunities. Featuring a beautiful, partially furnished farmhouse from the 1800s, suitable for both long-term and short-term rentals, a small Mobile Home Park with 6 pads and one owner owned unit, as well as a large 1800s vintage red barn. A portion of the property falls within the 'Village Extension District,' encouraging higher density development and increasing its overall potential. Farmhouse The farmhouse spans approximately 3,484 square feet, blending historic charm with modern updates including new plumbing and electrical systems. It is divided into four 1-bed/1-bath units. Two units have been beautifully renovated, are tastefully furnished with quality furnishings, and are fully active on Airbnb demonstrating strong occupancy during peak summer and off-season periods. The remaining two units are approximately 70% finished, offering a prime opportunity for personal customization or completion to double rental income from the farmhouse. To view the AirBnB listings, search "Farmhouse at Saratoga - H2 - AirBnB" and "Farmhouse at Saratoga - H1 - Vintage - AirBnB" on AirBnB. Mobile Home Park The Mobile Home Park sits on just under 2 acres and is comprised of 6 pads, with five currently occupied and one vacant. One mobile home is owned by the park owner, while the remaining four occupied pads are owned by residents, with an onsite Park Manager residing in the owner's mobile home. Under current ownership, rents have remained unchanged and are significantly below market rates, presenting a clear opportunity for additional income. The park is grandfathered in so can remain as such, or be transitioned to other single or multi-family scenarios. Vintage Red Barn There is a large onsite 1800s barn, approximately 33ft x 60ft, with 3 bays on the main floor and a second-floor loft believed to have been an old 'millhouse.' This unique and versatile structure offers numerous possibilities for traditional horse/ animal sheltering, storage, workshop, arts and craft studio and/or other creative endeavors. Village Extension District (VED) This property is extremely unique in that it has 740 feet of road frontage and associated land sits inside the Village Extension District which provides opportunity to build multi-family units depending on configuration. Farmland The property offers many opportunities to enjoy the vast acreage including approximately 12 acres of tillable farmland, waterfront on the Fish Creek and back country for hiking and/or hunting.

IDX
Listing Courtesy of Principles 2019 LLC
Listing Agent: Jerid Meagan
518-330-3160 | jerid@principlesrealtygroup.com
Source MLS Verified

Information deemed reliable but not guaranteed.