Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    32 Front St Waterford, NY 12188

    Sponsored
    For Sale
    $125,000

    MULTI_FAMILY - Waterford, NY

    Property size:
    2,600 SF
    Lot size:
    0.11 Acres
    Days on Market:
    1
    Last Refresh:
    Mar 3 at 11:06 pm

    Property Features for 32 Front St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Wood Frames
    Zoning
    Multi Residence
    Rooms
    Bedroom 2, Bedroom 4, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 1
    Bedrooms
    4
    Bathrooms
    2
    APN
    415401 296.23-1-15
    Parking features
    Off Street
    Patio and Porch features
    Patio, Porch
    Interior features
    Built-in Features
    Exterior features
    Garden
    Fencing
    Chain Link
    Size
    2,600 SF
    Lot size
    0.11 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public
    Water front features
    Seawall, River Front
    Water front
    1

    Building Details

    Year built
    1890
    Number of units
    2
    Flooring type
    Wood
    Building materials
    Brick, Stucco
    Roof type
    Rubber

    We can help!

    Listing Contact
    Susan Lynne l Sommers

    Howard Hanna Real Estate Services (518) 348-7100

    Listing agent Susan Lynne l Sommers (518) 495-9144 License #30SO0940609

    Listing date Mar 3, 2026

    MLS# 202612694 Listing URL

    Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Historic Riverfront Colonial Revival Home

    This spectacular 1890s riverfront stucco and brick Colonial Revival home, known as Historic Mulberry Manor, sits on a large piece of land on the Mohawk River. The Mohawk, Hudson, Erie Canal, and Lake Champlain converge on the New York State Barge Canal at this location. The property is located in the Riverspark Heritage Area, near the Harbor Visitors Center. Tugboats line up on the sea wall every summer, and people walk along the Promenade for the annual parade and festival at the Tug and Steamboat Festival directly in front of the estate. The property features wide pine floors, exposed hand-hewn beams, and a second-floor porch with river and landscape views. French doors lead to an exceptionally large private property with a shed, old-growth trees, and flowering bushes. The property, with a size of 2600 square feet and a lot size of 0.11 acres, is located in Waterford, NY. The zoning is Multi Residence. The property is located in an area rich with cultural and historical importance and originally all Native American owned lands. The intended use of the property is multi-family and residential income. Flood insurance will be needed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waterford
    County
    Saratoga
    State
    New York
    Longitude
    -73.678481
    Latitude
    42.786619

    Nearby Similar for Sale

    • $399,900
      Pending

      Renovated Mixed-Use Triplex in Waterford

      Fully renovated mixed-use triplex with commercial space and residential units.
      32 Broad St, Waterford, NY 12188
      View Details
    • $799,000

      Hudson River Waterfront Campground

      25+ acres with Hudson River frontage and income potential.
      1 Kelts Grove Rd, Waterford, NY 12188
      View Details
    • Contact for pricing
      54,399 SF

      Waterford Industrial Property with Rail

      Industrial property with rail access and substantial infrastructure in Waterford.
      7 Schoolhouse Ln, Waterford, NY 12188
      View Details
    • $550,000
      6.63 Acres

      Waterford Mixed-Use Riverfront Property

      6.63-acre mixed-use waterfront opportunity.
      480 Hudson River Rd, Waterford, NY 12188
      View Details

    FAQs

    What type of property is this?
    Duplex - Spectacular 1890s riverfront home in historic Waterford, NY.
    Where is this duplex located?
    The property is located at 32 Front St Waterford, NY.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: - Historic 1890s Colonial Revival riverfront estate on a large lot at the intersection of major waterways.; - Unique location directly on the Mohawk River promenade, offering front-row views of the annual Tug and Steamboat Festival.; - Features include wide pine floors, exposed hand-hewn beams, and a second-floor porch with incredible river and landscape views.
    (518) 435-9944
    Request Owner's contact information
    32 Front St Waterford, NY 12188
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    32 Front St
    Waterford, NY 12188
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    32 Front St Waterford, NY 12188
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Susan Lynne l Sommers
    Real Estate License ID: 30SO0940609
    (518) 435-9944 (518) 495-9144
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!