6 months on rocket

1-3 Wells St, Saratoga Springs, NY, 12866

$949,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
4 Full Baths
2,900 SqFt
$327/SqFt
Multi

Location

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1-3 Wells St, Saratoga Springs$949,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOff Street, Paved, Driveway
Year Built1901
HeatingForced Air, Natural Gas
CoolingCentral Air, Window Unit(s)
BasementYes
MLS #202419464
Lot Size0.06 Acres
StatusActive

About 1-3 Wells St

This Handsome Historic, all brick, 3-Family is just 4 Blocks from vibrant downtown Saratoga. Great for investor, or OWNER OCCUPANT w/ appealing 3BR Townhome-Style unit offering spacious MBR/LR & DR, +2 Full Baths, W/D,+AC... BONUS-Live for LESS THAN most RENTs w/25% down loan! Recently renovated, in great condition, featuring nice hardwood Floors; each unit has own W/D & separate utilities; +two amazing 700SF Walk-Up Attics adding great architectural space w/high ceilings, for storage & significantly increasing income potential! Add the classic Saratoga front porch, 2 back entries, 2-3 Parking Spots +a cozy patio for grilling (1A). Good CAP RATE @~6.4; strong rental history w potentially even more income $$ via AirBnB & attic/s. Easy walk to Shops /Dining /Theaters /Skidmore & Hospital. Rents: $2325 for #3/3BR/2BA same renters for last 2 years w /o increase (currently on month to month), each 1BR rented at $1575, vacated May/24 for selling and doing some AirBnB; so for 1A ONLY - no showings July 4-7th, 11-14th, Aug 9-11th, rents range around $300/night. Rest of building can be seen during those periods. NOTE: Cameras on Exterior of unit 3, incl door bell w audio.

Property Details

Property Features

Property Information:

  • Architectural Style: Triplex
  • Year Built: 1901
  • Living Area: 2,900 SqFt

Listing Office:

  • Office Name: Howard Hanna
  • Office Phone: (518) 584-0743
  • Listing Agent: MaryAnn Paratore

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Tile, Carpet, Hardwood, Laminate
  • Interior: Solid Surface Counters, High Speed Internet, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Privacy Fence, Back Fence, Porch/Covered, Porch Front, Patio, None

Parking Information:

  • Attached Garage: No
  • Parking: Off Street, Paved, Driveway

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air, Window Unit(s)

Other

Directions Information:

  • Directions: From Broadway go West on Church, turn right at the ''Y'' in the road Stoplight w VanDam, next Left on Wells - OR- take VanDam 6 blocks to Wells St, on Right. Brick Building is second on the left. ( 4-5 Blks to Broadway, 2.5 blocks to Hosp, Skidmore nearby.)

Price Information

Listing Price Info

Price Summary:

  • List Price: $949,000
  • Price Per SqFt: $327/SqFt
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Housing Market Comparison

See how this home compares to others in Saratoga Springs, NY.

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Saratoga Springs, NY

City

Med. Sold Price

$597.9K

Med. Price/SqFt

$320

Avg. Days On Market

40

# of Sold Homes

36

1-3 Wells St vs Saratoga Springs

190 DAYS ON ROCKET

+150 Days

$949,000

+$351.1K More

$327/SqFt

+$7 More

KEY TAKEAWAY

This property is $351.1K more than the Median Sold Price and $7/SqFt more than other homes in Saratoga Springs, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Global MLS
  • MLS Number: #202419464

Listing Office:

  • Office Name: Howard Hanna
  • Office Phone: (518) 584-0743
  • Listing Agent: MaryAnn Paratore

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Copyright © 2024 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/22/2024, 12:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$4,804

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,912

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-971742
5
/10

  • Division Street Elementary School

  • 220 Division St

  • 0.37 miles

  • Public District Grades KG-5

school-card-donut-971743
7
/10

  • Lake Avenue Elementary School

  • 126 Lake Ave

  • 0.72 miles

  • Public District Grades KG-5

school-card-donut-971744
6
/10

  • Caroline Street Elementary School

  • 310 Caroline St

  • 1.29 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $51,266. Typical income of Saratoga Springs, NY residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Saratoga County›Saratoga Springs›12866›1-3 Wells St

This home is located at 1-3 Wells St in Saratoga Springs, NY and zip code 12866. This 2,900 square foot home, which was built in 1901, sits on a 0.06 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 14, 2024 and is currently priced at $949,000.

Saratoga Springs, NY housing market in November 2024 saw over 11 listings sold above listed price, more than 4 sold at listed price and over 21 sold below. The number of listings in Saratoga Springs, NY decreased by 19.8% between October 2024 and November 2024. Listings spent 40 days on the market in November 2024, and had a median list price of $597,900 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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