117 Locust Park
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 15, 2025 | Sold | ||
| Sold | |||
| Oct 30, 2024 | In contract | - | |
| In contract | |||
| Oct 5, 2024 | Price Decreased |
$299,900
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Sep 16, 2024 | Listed by Berkshire Hathaway HomeServices Blake, REALTORS | $314,900 | |
| Listed by Berkshire Hathaway HomeServices Blake, REALTORS | |||
| Jul 29, 2024 | Sold | ||
| Sold | |||
Property Highlights
117 Locust Park
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
06/25/2024
| |
3 Bed
|
1 Bath
|
-
|
$225,000
3 Bed
1 Bath
|
$225,000
07/29/2024
|
-
|
Jessica Bedard
518 Realty.Com Inc
|
|
06/04/2018
| |
3 Bed
|
1 Bath
|
-
|
$139,900
3 Bed
1 Bath
|
$145,000
+3.65%
08/24/2018
|
Jerome Newkirk
Revision Real Estate
| |
|
07/14/2006
| |
4 Bed
|
1 Bath
|
-
|
$179,900
4 Bed
1 Bath
|
$179,900
09/18/2006
|
-
|
Marcia Griffith
Pine Bush Realty LLC
|
Building Info
About Colonie
Similar Homes for Sale
Nearby Rentals
Berkshire Hathaway HomeServices Blake, REALTORS
Last Updated: 2 months ago
Data Source: Global MLS , MLS# 202425545
