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Albany
14 Riviera Drive
$335,200
● House - Off Market

14 Riviera Drive

Colonie, NY 12110
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$1,859
Est. Monthly
5.45%
Cap Rate

About This Property

Great Opportunity in heart of Latham.  hard to find 3 bed 1.5bath single floor living. under carpet is hardwood flooring throughout the house. beautiful front porch, nice back deck and yard. Ready for your imagination and creativity.

Multiple offers. best and final due Sunday October 20, 2024 at 8pm
Unit Size
-
Days on Market
-
Land Size
0.43 acres
Price per sqft
-
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
1967

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: 2 years ago (Global MLS #202427692)

Price History

Date / Event Date Event Price
Dec 4, 2024 Sold
Premium
Sold
Oct 22, 2024 In contract -
In contract
Oct 18, 2024 Listed by Capital Tech RE Group LLC $298,000
Listed by Capital Tech RE Group LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 1,420
  • Building Area: 1,420
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,420
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVIERA
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-16 E-RIVIERA DR C-23-81

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013512

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 00800400050410000000
  • District: 012689
  • Section: 8.04
  • Parcel: 012689 8.4-5-41
  • Block: 5
  • Lot: 41.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7719
  • Longitude: -73.7819

    Address

  • Full Address: 14 Riviera Dr
  • Address - House Number: 14
  • Address - Street Name: Riviera
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Latham
  • Carrier Code: C013
  • 4-Digit Zip Code: 1719
  • Zip Code: 12110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $435,556
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 329,199
  • High Value: 409,297
  • Low Value: 249,101

    Market Valuation

  • Market Total Value: $248,000
  • Market Land Value: $61,951
  • Market Improvement Value: $186,049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,500
  • Assessed Land Value: $31,600
  • Assessed Improvements Value: $94,900

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
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:

$331,000

Sale Price/ft²

$210

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2228 ft²

Average Home Age

91.2 years

Currently For Sale

581 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

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

Listed by: Gretchen Scheu
Capital Tech RE Group LLC
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202427692
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 14 Riviera Drive built and last sold?
The property at 14 Riviera Drive was built in 1967 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 14 Riviera Drive is $300,980.
What are some comparable homes to 14 Riviera Drive?
There are currently no comparable homes to 14 Riviera Drive.
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