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Albany 12304
16 MORRIS Road
Photo of 16 MORRIS Road
Sold on May 7, 2010

1

Map

$211,000
● House - Off Market

16 MORRIS Road

Colonie, NY 12304
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,473 Ft²
$441,471
RealtyHop Estimate
110.32%
Since Jun 1, 2010
National-US
Primary Model

About This Property

2.5 car oversized garage, huge back yard with pool. Nice brick cape cod, newer windows, newer garage door, newer boiler '03, new dishwasher '08, new refrigerator '07, new roof '08, siding '08, new laminate floors in kitchen and living room, new storm doors, updated electrical '07 -- Very Good Condition
Unit Size
2,473 Ft²
Days on Market
79 days
Land Size
0.55 acres
Price per sqft
$85
Property Type
House
Property Taxes
$346
HOA Dues
-
Year Built
1950

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 8 days ago (Global MLS #201013189)

Price History

Date / Event Date Event Price
Aug 18, 2025 Sold
Premium
Sold
Jun 29, 2025 In contract -
In contract
May 26, 2025 Price Decreased $450,000
↓ $19K (4.1%)
Price Decreased
Apr 15, 2025 Relisted $489,900
Relisted
Apr 15, 2025 Price Decreased $469,000
↓ $21K (4.3%)
Price Decreased
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 704
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,958
  • Total Building Area: 2,473
  • Building Area: 2,473
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,473
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000550
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-MORRIS RD E-14 S-111-22.9

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013804

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 01600400060290000000
  • District: 012689
  • Section: 16.04
  • Parcel: 012689 16.4-6-29
  • Block: 6
  • Lot: 29.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7499
  • Longitude: -73.8777

    Address

  • Full Address: 16 Morris Rd
  • Address - House Number: 16
  • Address - Street Name: Morris
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C013
  • 4-Digit Zip Code: 4586
  • Zip Code: 12304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $587,375
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2354
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 395,482
  • High Value: 488,615
  • Low Value: 302,350

    Market Valuation

  • Market Total Value: $264,700
  • Market Land Value: $66,077
  • Market Improvement Value: $198,623

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,000
  • Assessed Land Value: $33,700
  • Assessed Improvements Value: $101,300

    Sales

  • Current Sale Contract Date: Jan 28, 2016
  • Current Sale Recording Date: Feb 04, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2016-2622
  • Previous Sale Recording Date: Jun 26, 2015
  • Previous Sale Contract Date: May 12, 2015
  • Previous Sale Amount: $95,000
  • Previous Sale Document Type: 12
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:

$330,000

Sale Price/ft²

$210

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2236 ft²

Average Home Age

91.4 years

Currently For Sale

574 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 3911 Albany Street, Schenectady, NY, 12304

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
3911 Albany Street, Schenectady, NY, 12304 Listing by Brian A Amaral
Unit for rent at 616 Lois Lane, Schenectady, NY, 12304

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,500 ft²
616 Lois Lane, Schenectady, NY, 12304 Listing by Diane M VanAlstyne

Rentals Near You

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

Listed by: Dominick Ieraci
KW Platform
Last Updated: 8 days ago
Data Source: Global MLS , MLS# 201013189
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 Morris Road built and last sold?
The property at 16 Morris Road was built in 1950 and last sold on Jan 28, 2016 for $250,000.
How much is this home worth?
The estimated value of the home located at 16 Morris Road is $437,294.
What are some comparable homes to 16 Morris Road?
There are currently no comparable homes to 16 Morris Road.
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