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Albany 12309
1 WALNUT Lane
$425,000
● House - Off Market

1 WALNUT Lane

Colonie, NY 12309
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$635,055
RealtyHop Estimate
44.36%
Since Mar 1, 2020
National-US
Primary Model

About This Property

Amazing opportunity to own a immaculate home on a beautifully landscaped lot in The Town of Colonie, South Colonie School District. This home offers, a large kitchen, dinette, great room, office, formal living room, large dining room, laundry room, an open staircase leading to 3 large bedrooms and a master suite with walk-in closet, sitting room and master bath with whirlpool tub. The open floor plan makes it easy to entertain inside. You can relax on the covered patio or float in the in ground saltwater pool surrounded by a stamped concrete patio and Professional landscaping. The front landscaping, including accent lighting, adds to the beauty of this home. Superior Condition
Unit Size
-
Days on Market
-
Land Size
0.37 acres
Price per sqft
-
Property Type
House
Property Taxes
$849
HOA Dues
-
Year Built
2004

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Global MLS #201932522)

Price History

Date / Event Date Event Price
Feb 10, 2020 Sold
Premium
Sold
Oct 10, 2019 Listed by Get Listed Realty $439,900
Listed by Get Listed Realty
May 3, 2006 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 447
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 2,698
  • Building Area: 2,698
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,698
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 1 N-WALNUT LA E E-3 S-76-78

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013802

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 00700400020330000000
  • District: 012689
  • Section: 7.04
  • Parcel: 012689 7.4-2-33
  • Block: 2
  • Lot: 33.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7687
  • Longitude: -73.8408

    Address

  • Full Address: 1 Walnut Ln E
  • Address - House Number: 1
  • Street Segment Direction: E
  • Address - Street Name: Walnut
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C025
  • 4-Digit Zip Code: 1834
  • Zip Code: 12309

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,084,191
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2363
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 584,660
  • High Value: 722,871
  • Low Value: 446,449

    Market Valuation

  • Market Total Value: $529,400
  • Market Land Value: $161,761
  • Market Improvement Value: $367,639

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $270,000
  • Assessed Land Value: $82,500
  • Assessed Improvements Value: $187,500

    Sales

  • Current Sale Contract Date: Apr 28, 2006
  • Current Sale Recording Date: May 03, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9705419
  • Previous Sale Recording Date: May 03, 2006
  • Previous Sale Contract Date: Apr 28, 2006
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Albany

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$209

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2255 ft²

Average Home Age

91.5 years

Currently For Sale

555 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 108 Vly Pointe Drive, Niskayuna, NY, 12309

$2,950 /mo

  • 2 Beds
  • 2 Baths
  • 2,040 ft²
108 Vly Pointe Drive, Niskayuna, NY, 12309 Listing by Theresa S Gucciardo

Rentals Near You

Click here to view more rentals in the neighborhood.
Global MLS

Listed by: Kris Lippi
Get Listed Realty
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201932522
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1 Walnut Lane East built and last sold?
The property at 1 Walnut Lane East was built in 2004 and last sold on Apr 28, 2006 for $360,000.
How much is this home worth?
The estimated value of the home located at 1 Walnut Lane East is $444,299.
What are some comparable homes to 1 Walnut Lane East?
There are currently no comparable homes to 1 Walnut Lane East.
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