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Glens Falls North 12804
159 Meadowbrook Road
$306,000
● House - Off Market

159 Meadowbrook Road

Queensbury, NY 12804
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,596 Ft²
$1,760
Est. Monthly
10.65%
Cap Rate

About This Property

**Multiple Offers: Deadline Monday, 1/29 at 10:00A.** Nestled on nearly an acre, this farmhouse epitomizes rural tranquility with modern amenities. The iconic red barn & outbuildings complement the property, hinting at the charm within. Inside, revel in wood floors, ample natural light, and recessed lighting. Utilities include public water, sewer, and natural gas. Enjoy a mudroom, first-floor laundry, a dedicated office, formal dining, and a cozy family room boasting a gas stove. Upstairs, find your three bedrooms and your large and updated full bathroom. Outside: 20x20 pressure-treated deck, two-car garage with radiant heat, plus an additional building perfect for another home office or hobby space- this has a workshop attached.  Barn offered as-i
Unit Size
1,596 Ft²
Days on Market
57 days
Land Size
0.88 acres
Price per sqft
$172
Property Type
House
Property Taxes
$409
HOA Dues
-
Year Built
1925

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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 #202410227)

Price History

Date / Event Date Event Price
Mar 21, 2024 Sold
Premium
Sold
Feb 1, 2024 In contract -
In contract
Jan 24, 2024 Relisted $207,000
Relisted
Jan 10, 2024 In contract -
In contract
Jan 5, 2024 Listed by Coldwell Banker Prime Properties $275,000
Listed by Coldwell Banker Prime Properties
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1960
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 1,163
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 38,333
  • Lot Size Depth Feet: 2,560
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,569
  • Building Area: 1,569
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,569
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000880
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: RES. 90'RF 59.-2-2

Neighborhood

  • School District Name: Glens Falls City School District
  • School Tax School District: GLENS FALLS
  • Census Tract: 070701

Zoning

  • Zoning: MDR

Geography

  • District: 523400
  • Section: 296.20
  • Parcel: 523400 296.20-1-25.1
  • Block: 1
  • Lot: 25.001
  • Municipality: QUEENSBURY
  • Latitude: 43.3364
  • Longitude: -73.6441

    Address

  • Full Address: 159 Meadowbrook Rd
  • Address - House Number: 159
  • Address - Street Name: Meadowbrook
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Queensbury
  • Carrier Code: C026
  • 4-Digit Zip Code: 5849
  • Zip Code: 12804

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $475,622
  • Tax Rate Code Area: 520500

    Appraisal Valuation

  • Standard Deviation: 0.106
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 89
  • Final Value: 277,618
  • High Value: 307,052
  • Low Value: 248,183

    Market Valuation

  • Market Total Value: $224,800
  • Market Land Value: $37,173
  • Market Improvement Value: $187,627

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $191,100
  • Assessed Land Value: $31,600
  • Assessed Improvements Value: $159,500

    Sales

  • Current Sale Contract Date: May 21, 2018
  • Current Sale Recording Date: May 29, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018-3239
  • Previous Sale Recording Date: Oct 03, 2002
  • Previous Sale Contract Date: Sep 30, 2002
  • Previous Sale Amount: $89,000
  • Previous Sale Document Type: 27
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 Glens Falls North

Stats & Trends

Median Asking:

$399,000

Sale Price/ft²

$227

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1774 ft²

Average Home Age

39.9 years

Currently For Sale

25 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 492 Glen Street, Glens Falls, NY, 12801

$2,800 /mo

  • 4 Beds
  • 2 Baths
  • 2,052 ft²
492 Glen Street #B, Glens Falls, NY, 12801 Listing by Christine Hogan-Barton

Rentals Near You

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

Listed by: Christopher Iwinski
Coldwell Banker Prime Properties
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202410227
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 159 Meadowbrook Road built and last sold?
The property at 159 Meadowbrook Road was built in 1925 and last sold on May 21, 2018 for $207,000.
How much is this home worth?
The estimated value of the home located at 159 Meadowbrook Road is $0.
What are some comparable homes to 159 Meadowbrook Road?
There are currently no comparable homes to 159 Meadowbrook Road.
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