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Montgomery 12010
124 LORRAINE Boulevard
$163,000
● House - Off Market

124 LORRAINE Boulevard

Amsterdam, NY 12010
bedrooms
3 Beds
bathrooms
1 Bath
$187,180
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Newer vinyl siding and roof. Newer kitchen & bath. 6 panel molded doors, hardwood kitchen floor. Poured concrete foundation, owned water softener. Enclosed breezeway. 2-car attached garage. .lWasher & dryer included in price. Dining room off kitchen. Move in condition. A must see. Huge lot. Excellent Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$266
HOA Dues
-
Year Built
1979

Payment Calculator

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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 #202128420)

Price History

Date / Event Date Event Price
Dec 2, 2021 Sold
Premium
Sold
Sep 14, 2021 Listed by Howard Hanna $169,900
Listed by Howard Hanna

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,928
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,152
  • Building Area: 1,152
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,152
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000710
  • 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: B1

Geography

  • Account Number: 2143 2153
  • District: 272089
  • Section: 24.12
  • Parcel: 272089 24.12-1-24
  • Block: 1
  • Lot: 24.000
  • Municipality: AMSTERDAM
  • Latitude: 42.9804
  • Longitude: -74.1911

    Address

  • Full Address: 124 Lorraine Blvd
  • Address - House Number: 124
  • Address - Street Name: Lorraine
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: Amsterdam
  • Carrier Code: R008
  • 4-Digit Zip Code: 7450
  • Zip Code: 12010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $258,903
  • Tax Rate Code Area: 270100

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 72
  • Final Value: 184,845
  • High Value: 209,871
  • Low Value: 159,818

    Market Valuation

  • Market Total Value: $129,271
  • Market Land Value: $14,286
  • Market Improvement Value: $114,985

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $9,049
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $8,049

    Sales

  • Current Sale Contract Date: Dec 01, 2021
  • Current Sale Recording Date: Dec 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-96180
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

$124

Below Asking

0.03%

Average Days on Market

77

Average Home Size

2013 ft²

Average Home Age

250.6 years

Currently For Sale

137 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 147 Wallins Corners Road, Amsterdam, NY, 12010

$1,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,300 ft²
147 Wallins Corners Road, Amsterdam, NY, 12010 Listing by Desiree Munoz

Rentals Near You

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

Listed by: George T Tomaselli
Howard Hanna
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202128420
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 124 Lorraine Boulevard built and last sold?
The property at 124 Lorraine Boulevard was built in 1979 and last sold on Dec 1, 2021 for $163,000.
How much is this home worth?
The estimated value of the home located at 124 Lorraine Boulevard is $0.
What are some comparable homes to 124 Lorraine Boulevard?
There are currently no comparable homes to 124 Lorraine Boulevard.
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