Duplex with Detached
For Sale
$445,000
Pending
90 Middle Avenue, Saratoga Springs, NY 12866
Two separate residences offer a practical owner-occupant arrangement with potential rental income.
Property Size1,944 SF
Days on Market12
Property Features for 90 Middle Avenue
General Information
Standard status
Pending
Size
1,944 SF
Total Parking Spaces
4
Property subtype
Multi-Family
Zoning
Multi Residence
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$7,495
Amenities
front porch
backyard
Building Details
Year Built
1910
Listing Agency:
Berkshire Hathaway Home Services Blake
Listed By:
Timothy B Doherty · License #30DO0985422
(518) 469-9194
Source:
Capmarkrealty
Added: Oct 20
Changed: Oct 26
Last Checked: Oct 30 at 11:32AM
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 Berkshire Hathaway Home Services Blake
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Investment Insights
Based on property information with market context.
This 1,944-square-foot duplex, built in 1910, contains two units, each with two bedrooms and a full bathroom. A front porch, backyard, and detached one-car garage are also part of the property. Zoning is Multi Residence.
The Saratoga Springs property is a few blocks from Broadway, with schools, recreation fields, shops, and dining nearby.
The Saratoga Springs property is a few blocks from Broadway, with schools, recreation fields, shops, and dining nearby.
Key Highlights
- Two units, each with two bedrooms and a full bathroom
- 1,944 square feet; built in 1910
- Detached one‑car garage, front porch, and backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,850
Cap Rate
6.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,000
$577.0K
Cap Rate 7%
$412,143
$412.1K
Cap Rate 9%
$320,556
$320.6K
Market Conditions
NOI Build-Up for 1,944 SF
Gross rent
$43.2K $22.20/SF
− Vacancy
−$1.9K −$1.00/SF
EGI
$41.2K $21.20/SF
− OpEx
−$12.4K −$6.36/SF
NOI
$28.9K $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%
$577,000
Cap Rate 7%
$412,143
Cap Rate 9%
$320,556
Alternative Uses
Best Use
Multifamily LT 5
$412.1K
$360.6K – $480.8K
NOI $28,850 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$368.7K
$322.7K – $430.2K
NOI $25,812 @ 7.0% cap · market cap 5.80%
Theoretical Best
Office A
$581.9K
$509.1K – $678.9K
NOI $40,731 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,760
Businesses Nearby
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Business Placement
Demographics for 12866, NY
40,355
Population
20,462
Households
2
Avg Household Size
44
Median Age
55%
College-Educated
95%
High-School Grad
64.3 sq mi
ZIP Area
628
Density / Sq Mi
$98,374
Median Household Income
$53,265
Median Earnings
$1,460
Median Rent
$419,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer a practical owner-occupant arrangement with potential rental income.
Where is this duplex located?
The property is located at 90 Middle Avenue Saratoga Springs, NY.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Two units, each with two bedrooms and a full bathroom; 1,944 square feet; built in 1910; Detached one‑car garage, front porch, and backyard
