Vacant
166 Blue Barns Road, Clifton Park, NY 12148
For Sale
$349,000
The vacant property is available for residential occupancy or rental use.
Property Size1,488 SF
Price / SF$234.54
Days on Market172
Property Features for 166 Blue Barns Road
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Schermerhorn Realty Group LLC
(518) 470-3131
Listed By:
Sarah Newton · License #10401366893
(518) 812-7178
Source:
Davalarealestate
Added: May 22
Changed: Nov 7
Last Checked: Nov 8 at 2:21PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Schermerhorn Realty Group LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,488-square-foot duplex was built in 1955 and is currently vacant. Its prior rental use provides a documented history of income generation.
Key Highlights
- 1,488‑square‑foot duplex
- Built in 1955
- Currently vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,083
Cap Rate
6.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,660
$441.7K
Cap Rate 7%
$315,471
$315.5K
Cap Rate 9%
$245,367
$245.4K
Market Conditions
NOI Build-Up for 1,488 SF
Gross rent
$33.0K $22.20/SF
− Vacancy
−$1.5K −$1.00/SF
EGI
$31.5K $21.20/SF
− OpEx
−$9.5K −$6.36/SF
NOI
$22.1K $14.84/SF
Area
Saratoga County, NY
Vacancy
4.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$441,660
Cap Rate 7%
$315,471
Cap Rate 9%
$245,367
Alternative Uses
Best Use
Multifamily LT 5
$315.5K
$276.0K – $368.1K
NOI $22,083 @ 7.0% cap · market cap 6.33%
Second Best
Apartment 5plus
$282.2K
$247.0K – $329.3K
NOI $19,757 @ 7.0% cap · market cap 5.66%
Theoretical Best
Office A
$445.4K
$389.7K – $519.6K
NOI $31,177 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 12148, NY
4,935
Population
1,949
Households
2.5
Avg Household Size
47
Median Age
58%
College-Educated
95%
High-School Grad
15.6 sq mi
ZIP Area
316
Density / Sq Mi
$135,694
Median Household Income
$103,654
Median Earnings
$1,134
Median Rent
$406,100
Median Home Value
Market
Average Price Trend$/SF for Duplexes in Saratoga County, NY
Properties on Market for Duplexes in Saratoga County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - The vacant property is available for residential occupancy or rental use.
Where is this duplex located?
The property is located at 166 Blue Barns Road Clifton Park, NY.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: 1,488‑square‑foot duplex; Built in 1955; Currently vacant
