$360,000
Ballston, 12027
MLS# 2134801
Status: Closed
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Details
Maps
Contract Information
Original List Price: 435000
Offered Lease/Month: 0
Offered Lease/Sqft: 0
List Price/Acres: 310714.29
Sold Price/Acres: 257142.86
Status: Closed
Property Sub Type: Mixed Use
Sold Price: $360,000
Listing Contract Date: 2001-10-25
Current Price: $360,000
Location
City/Town (Mail): Ballston
Street Number: 830
Street Name: RT 50
County: Saratoga
Postal Code: 12027
Geo Lat: 42.91525
Geo Lon: -73.894248
Property Detail
Year Established: 1973
Stories: 1
Business Name: OAK GROVE MOTEL
Lot Size Square Feet: 67100
Zoning: Commercial
Lot Size Dimensions: 308X220 (E)
Lot Size Acres: 1.4
Building Area Total: 0
Building Available SQFT: 5680
Main Road Frontage: 308
Enhanced Accessible Y/N: No
Year Built: 1950
Parcel, Tax, HOA
Parcel Number: 412000 257.06-3-1 .
FIPS Code: 36091
Tax Annual Amount: 5928
Tax Section: 257.06
Total Taxes Description: Estimated
Tax Block: 3
Tax Lot: 1 .
Association Y/N: No
Directions & Remarks
Directions: RT.50 SARATOGA SPGS,ACROSS FROM BURNT HILLS WATERTOWER
Public Remarks: ATTRACTIVE OWNER OCCUPIED MOTEL, 16 ROOMS INCLUDING 3 SUITES. BUILT-IN REPEAT BUSINESS, HIGH TRAFFIC COUNT. 28 YEARS SAME OWNERSHIP, COMFORTABLE 2 BEDROOM HOME. ADDITIONAL INCOME FROM PROPANE SALES.
Electric
Phase (Legacy): 0
Financial Details
General Taxes: 1000
General Taxes Description: Estimated
School Taxes: 4928
School Taxes Description: Estimated
Village Taxes: 0
Seller Financing: Yes
Seller Financing Description: TO BE DETERMINED
Cooling
Air Conditioning (Legacy): REMOVABLE
Building Detail
Fire Sprinkler System Y/N: No
Office Total SQFT: 0
Office Available SQFT: 0
Office Ceiling Height: 0
Retail Total SQFT: 0
Retail Available SQFT: 0
Retail Ceiling Height: 0
Warehouse Total SQFT: 0
Warehouse Available SQFT: 0
Construction Materials
Construction Materials (Legacy): WOOD/BRICK
Heating
Heat Systems (Legacy): N/GAS & PROPANE
Income And Expenses
Gross Income: 117210
Gross Income Description: Estimated
Net Operating Income: 73082
Net Operating Description: Estimated
Electric Expense: 4977
Electric Expense Description: Estimated
Gas Expense: 1964
Gas Expense Description: Estimated
Insurance Expense: 6034
Insurance Expense Description: Estimated
Manager Expense: 0
Operating Expense: 44128
Operating Expense Description: Estimated
Real Estate Tax: 5928
Real Estate Tax Description: Estimated
Water Sewer Expense: 589
Water Sewer Expense Desc.: Estimated
Wages Expense: 0
Other Expense 1 Type: PROPANE
Other Expense 1 Amount: 2484
Other Expense 1 Description: Estimated
Other Expense 2 Type: LINENS
Other Expense 2 Amount: 2152
Other Expense 2 Description: Estimated
Other Expense 3 Type: PRO/PUMP
Other Expense 3 Amount: 20000
Other Expense 3 Description: Estimated
Other Expense 4 Amount: 0
Parking Features
Parking Total: 34
Private: 1
Possible Use
Business: 1
Hotel/Motel: 1
Status Change Info
Status Change Date: 2002-09-11
Under Contract Date: 2002-06-11
Sold Date: 2002-09-09
Sold Price: $360,000
Property Features
Parking Features: Private
Possible Use: Business; Hotel/Motel
Listing Office: Howard Hanna Capital Inc
Listing Agent: Miriam Scarborough
518-584-0743 |
518-584-0743 |
Last Updated: November - 03 - 2024
Information deemed reliable but not guaranteed.