121 Lake Hill Road, Burnt Hills, NY 12027
- Added:
- Jun 22, 2026
- Days on Market:
- 16
- Last Refresh:
- Jul 7 at 7:06 pm
Property Features for 121 Lake Hill Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 2, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 2, Bedroom 3, Bathroom 1
- Parking
- 5
- Parking features
- Off Street
- Patio and Porch features
- Deck, Porch
- Interior features
- Paddle Fan, High Speed Internet, Ceramic Tile Bath
- Fencing
- Privacy
- Basement
- Partial, Unfinished, Crawl Space, Exterior Entry
- Standard status
- Pending
- APN
- 412089 257.10-1-56
- Size
- 2,044 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5141
Utilities
- Sewer type
- Septic Tank
- Heating system
- Forced Air, Natural Gas, Baseboard, Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1850
- Number of units
- 4
- Flooring type
- Vinyl, Laminate, Tile - Ceramic, Slate, Carpet
- Building materials
- Asbestos, Fiber Cement
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Ronald N Simmons License #30SI0926655 (518) 384-1117
Listing office Purdy Realty LLC 123 Lakehill Rd, Burnt Hills, NY (518) 384-1117
Listing date Jun 22, 2026
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.
Overview
Located at 121 Lake Hill Road in Burnt Hills, New York, the units are described as within walking distance to what Burnt Hills offers. The listing also notes proximity to the bus line, which can be a practical convenience for tenant access. The property sits on a 0.3-acre lot.
Zoning is listed as “Burnt Hills Commercial,” which allows for a number of other uses in addition to residential. The configuration as a four-unit building may appeal to buyers seeking a small, multi-tenant income asset while also retaining flexibility under the stated zoning designation. Separate utilities and dedicated electrical service per unit are useful for prospective operators evaluating tenant billing and unit-level management.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.4k | $22.20 |
| − Vacancy | −$2.0k | −$1.00 |
| EGI | $43.3k | $21.20 |
| − OpEx | −$13.0k | −$6.36 |
| NOI | $30.3k | $14.84 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Burnt Hills
- County
- Saratoga
- State
- New York
- Longitude
- -73.899056
- Latitude
- 42.910066
