Esler Family Purchases 43-Acre Historic Saratoga Polo Club Property From Carver Laraway For $3.5M
2 Bloomfield Road
$3,500,000
Building Size
—
Asset Type
Land
Closing
Oct 2, 2025
About this deal
AI
The sale involved a 43-acre land asset located at 2 Bloomfield Road in the Saratoga Springs market. The property was purchased for $3,500,000 by the Esler family, who own a nearby horse farm. The seller of this property was developer Carver Laraway.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $3,500,000
- Buyer: Esler Family
- Seller: Carver Laraway
- Broker: Rudy Lynch - Carrow Real Estate
- Date of Transaction: 10/02/2025
This transaction signifies a noteworthy acquisition in the Saratoga Springs area, reflecting the interests of the Esler family in expanding their real estate portfolio in relation to equestrian pursuits.
Players
Saratoga Springs Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.53%
Cash-on-Cash
-1.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93