182 Ballston Avenue, Saratoga Springs, NY 12866
Charming Saratoga property with income potential near Broadway.
- Added:
- Sep 8, 2025
- Days on Market:
- 279
- Last Refresh:
- Apr 5 at 9:01 pm
Property Features for 182 Ballston Avenue
General Information
- Standard status
- Active
- Size
- 4,356 SF
- Lot size
- 0.65 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1855
Listing agent RITCH GREGORY License #30GR0745394
Listing office HOWARD HANNA CAPITAL INC (518) 584-0743
Listing date Sep 8, 2025
Source Corcoran
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 HOWARD HANNA CAPITAL INC
HighLights
- Prime location: Minutes from Broadway, SPAC, State Park, racetrack, casino, shopping, and dining.
- Strong income potential as a successful short‑term rental property.
- Includes a main Queen Anne‑style home (8 bedrooms, 7.5 baths, including a 1‑bedroom apartment) and a separate carriage house (2 bedrooms, 1 bath, kitchen, living room, dining room).
- Enjoy the private in‑ground pool nestled between the main house and carriage house.
- Large .65‑acre lot offering privacy and flexible living options.
- Historic Queen Anne‑style home dating back to 1855, offering a piece of Saratoga's charm.
Overview
Local Financial Insights For Apartment 5plus
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 | $109.8k | $25.20 |
| − Vacancy | −$4.6k | −$1.06 |
| EGI | $105.2k | $24.14 |
| − OpEx | −$47.3k | −$10.86 |
| NOI | $57.8k | $13.28 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Geyser Lodge Bed and Breakfast — 182 Ballston Ave, Saratoga Springs, NY 12866
- The Inn At Five Points — 102 lincoln ave, saratoga springs, ny 12866
Location Insight
- Map
- Local Demand
- City
- Saratoga Springs
- County
- Saratoga
- State
- New York
- Longitude
- -73.7935
- Latitude
- 43.0695
