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Montgomery 12010
1183 Midline Road
Photo of 1183 Midline Road
Sold on Nov 13, 2024

1

Map

$250,000
● House - Off Market

1183 Midline Road

Amsterdam, NY 12010
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,977 Ft²
$1,523
Est. Monthly
10.44%
Cap Rate

About This Property

Charming 3-bedroom, 1-bath Cape Cod-style home on a spacious 0.59-acre lot. This home features new carpet upstairs, beautiful hardwood floors in the main living areas and first-floor bedroom. The 10-year-old roof provides peace of mind, and super low taxes add to the home's appeal. Enjoy relaxing in the sun porch or step out onto the large patio, perfect for outdoor gatherings. The partially fenced backyard offers privacy, with plenty of space for gardening or play. An enclosed breezeway connects to a two-car garage, providing convenience and extra storage. Don't miss this cozy, well-maintained home!
Unit Size
1,977 Ft²
Days on Market
61 days
Land Size
0.59 acres
Price per sqft
$124
Property Type
House
Property Taxes
$319
HOA Dues
-
Year Built
1950

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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: 5 days ago (Global MLS #202425372)

Price History

Date / Event Date Event Price
Nov 13, 2024 Sold
Premium
Sold
Sep 12, 2024 Listed by Inglenook Realty Inc $245,000
Listed by Inglenook Realty Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 25,700
  • Lot Size Depth Feet: 1,960
  • Lot Size Frontage Feet: 1,316
  • Total Building Area: 1,977
  • Building Area: 1,977
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,977
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000590
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Amsterdam City School District
  • School Tax School District: AMSTERDAM CITY
  • Census Tract: 072100

Zoning

  • Zoning: R1

Geography

  • Account Number: 2063
  • District: 272089
  • Section: 25.10
  • Parcel: 272089 25.10-2-1
  • Block: 2
  • Lot: 1.000
  • Municipality: AMSTERDAM
  • Latitude: 42.98
  • Longitude: -74.1671

    Address

  • Full Address: 1183 Midline Rd
  • Address - House Number: 1183
  • Address - Street Name: Midline
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Amsterdam
  • Carrier Code: R008
  • 4-Digit Zip Code: 6263
  • Zip Code: 12010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $395,674
  • Tax Rate Code Area: 270100

    Appraisal Valuation

  • Standard Deviation: 0.1612
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 67
  • Final Value: 222,439
  • High Value: 258,300
  • Low Value: 186,577

    Market Valuation

  • Market Total Value: $162,857
  • Market Land Value: $21,429
  • Market Improvement Value: $141,428

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $11,400
  • Assessed Land Value: $1,500
  • Assessed Improvements Value: $9,900
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 Montgomery

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$123

Below Asking

0.03%

Average Days on Market

78

Average Home Size

2041 ft²

Average Home Age

246.3 years

Currently For Sale

141 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

Rentals Near You

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Global MLS

Listed by: Michael DiMezza
Inglenook Realty Inc
Last Updated: 5 days ago
Data Source: Global MLS , MLS# 202425372
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 1183 Midline Road built and last sold?
The property at 1183 Midline Road was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1183 Midline Road is $0.
What are some comparable homes to 1183 Midline Road?
There are currently no comparable homes to 1183 Midline Road.
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