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264 Upper Newtown Road, Mechanicville, NY, 12118

3beds
2baths
1,728sqft
$1,200,000
$694price/sqft
$7,886/moest. monthly cost
$315,440/yrincome needed

About This Home

Prime 30-acre development opportunity in Halfmoon! Welcome to 264 Upper Newtown Rd, a rare 30.9-acre parcel offering incredible potential for a lucrative residential subdivision. Located in the highly sought-after Shenendehowa school district, this property is a developer's dream. With continuous demand for new housing in the Capital Region, this expansive land provides the perfect canvas for a custom neighborhood or an exclusive luxury enclave. The property features excellent road access and a footprint ideal for multiple generous lot configurations. Additionally, the site includes an existing 3-bedroom, 2-bathroom home, providing valuable holding income as a rental or utility as a site office during the planning and approval phases. Situated in a tranquil country setting, this strategic location is just minutes from local amenities and major commuting routes to Clifton Park, Albany, and Saratoga Springs. Bring your vision, engineer, and builder to maximize this incredible investment!

Getting Around

2
WalkingCar-Dependent
0
TransitVery Limited Transit
7
BikeSomewhat Bikeable

Schools

7/10
8/10
Koda Middle SchoolGrades 6-84.5 mi
8/10
Shenendehowa High SchoolGrades 9-124.2 mi

Construction

Condition

  • Year built: 1994

Materials

  • Construction materials: Aluminum Siding,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: None

Basement

  • Has basement: Yes
  • Basement: Full,Unfinished

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,728

Foyer

  • Level: First

Full Bathroom

  • Level: First

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 1,728
  • Total interior livable area: 1,728 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Primary Bathroom

  • Level: First

Primary Bedroom

  • Level: First

Property

Details

  • Parcel number: 413800 273.174
  • Special condition: Standard

Lot

  • Lot size: 30.90 Acres

Parking

  • Total spaces: 4
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Ice Storm
Lightning

FEMA Declared Disasters in Saratoga County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,067$72,804
Home Insurance *$264$3,168
Property Taxes $1,270$15,240
Electricity $285$3,426
Total$7,886$94,632
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$270,377/yr
40% on housing$236,580/yr
45% on housing$210,293/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: -6.7%
-6.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.4%
-2.4%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$694This listing

vs Other Active Listings

Avg $/sqft

ZIP 12118$233
Saratoga County$302

vs Homes Sold Last Month

Median $/sqft

ZIP 12118$281
Saratoga County$264

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-17Listed for sale$1,200,000

For Sale by Agent

AgentShane Wagner
BrokerageVera Cohen Realty, LLC

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