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Glens Falls 12801
16 5th Street
Photo of 16 5th Street
Sold on Jun 13, 2025

1

Map

$275,000
● House - Off Market

16 5th Street

Glens Falls, NY 12801
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,288 Ft²
$1,631
Est. Monthly
9.08%
Cap Rate

About This Property

Wow!! Take a look at this 3 Bed 1.5 Bath home that boasts modern renovations throughout ! Located just a short walk away from local amenities and just minutes from downtown Glens Falls !
Unit Size
1,288 Ft²
Days on Market
52 days
Land Size
0.13 acres
Price per sqft
$175
Property Type
House
Property Taxes
$526
HOA Dues
-
Year Built
1920

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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 #202515706)

Price History

Date / Event Date Event Price
Jun 13, 2025 Sold
Premium
Sold
Apr 27, 2025 In contract -
In contract
Apr 22, 2025 Listed by Pro Realty Connection LLC $224,900
Listed by Pro Realty Connection LLC
Dec 3, 2001 Sold
Premium
Sold

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • 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: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 260
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,633
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,288
  • Building Area: 1,288
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,288
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000129
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: RES.&GAR. 50X111 96.-1-10

Neighborhood

  • School District Name: Glens Falls City School District
  • School Tax School District: GLENS FALLS
  • Census Tract: 070100

Zoning

  • Zoning: R-1B

Geography

  • District: 520500
  • Section: 309.12
  • Parcel: 520500 309.12-15-11
  • Block: 15
  • Lot: 11.000
  • Municipality: GLENS FALLS
  • Latitude: 43.2997
  • Longitude: -73.6552

    Address

  • Full Address: 16 5th St
  • Address - House Number: 16
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: NY
  • City Name: Glens Falls
  • Carrier Code: C025
  • 4-Digit Zip Code: 4241
  • Zip Code: 12801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $349,311
  • Tax Rate Code Area: 520500

    Appraisal Valuation

  • Standard Deviation: 0.1778
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 64
  • Final Value: 154,873
  • High Value: 182,415
  • Low Value: 127,330

    Market Valuation

  • Market Total Value: $131,489
  • Market Land Value: $23,936
  • Market Improvement Value: $107,553

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $123,600
  • Assessed Land Value: $22,500
  • Assessed Improvements Value: $101,100

    Sales

  • Current Sale Contract Date: Nov 30, 2001
  • Current Sale Recording Date: Dec 03, 2001
  • Current Sale Price:
    Premium
  • Current 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

Stats & Trends

Median Asking:

$269,900

Sale Price/ft²

$166

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2254 ft²

Average Home Age

112.6 years

Currently For Sale

26 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: Dylan M Guido
Pro Realty Connection LLC
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202515706
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 16 5th Street built and last sold?
The property at 16 5th Street was built in 1920 and last sold on Nov 30, 2001 for $45,000.
How much is this home worth?
The estimated value of the home located at 16 5th Street is $0.
What are some comparable homes to 16 5th Street?
There are currently no comparable homes to 16 5th Street.
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