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Albany
L5.16 Salsburg Road
$23,000
● Land - Off Market

L5.16 Salsburg Road

Delanson, NY 12054
bedrooms
Studio
bathrooms
0 Bath
$185
Est. Monthly
90.32%
Cap Rate

About This Property

Wonderful location in rural setting,  perfect for building your dream home on 2.58 acres.  Town approved to build with survey and perk test on file. Property has open and wooded setting, and all within a short drive to I-88 for easy commute east or west.  Cable and electricity available. Duanesburg School district.

More pictures to be added
Unit Size
-
Days on Market
-
Land Size
2.58 acres
Price per sqft
-
Property Type
Land
Property Taxes
$61
HOA Dues
-
Year Built
1970

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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 #202419129)

Price History

Date / Event Date Event Price
Oct 24, 2024 Sold
Premium
Sold
Jul 9, 2024 In contract -
In contract
Jun 9, 2024 Listed by Bird Realty $25,000
Listed by Bird Realty

Property Highlights

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,596
  • Building Area: 1,596
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,596
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 16 ELSMERE

Neighborhood

  • School District Name: Bethlehem Central School District
  • School Tax School District: BETHLEHEM
  • Census Tract: 014100

Zoning

  • Zoning: CR

Geography

  • Account Number: 08600500030120000000
  • District: 012200
  • Section: 86.05
  • Parcel: 012200 86.05-3-12
  • Block: 3
  • Lot: 12.000
  • Municipality: BETHLEHEM
  • Latitude: 42.6299
  • Longitude: -73.8176

    Address

  • Full Address: 16 Salisbury Rd
  • Address - House Number: 16
  • Address - Street Name: Salisbury
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Delmar
  • Carrier Code: C006
  • 4-Digit Zip Code: 1211
  • Zip Code: 12054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $696,288
  • Tax Rate Code Area: 012206

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 352,961
  • High Value: 438,841
  • Low Value: 267,081

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $91,333
  • Market Improvement Value: $228,667

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $240,000
  • Assessed Land Value: $68,500
  • Assessed Improvements Value: $171,500

    Exemptions

  • 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:

$329,900

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2261 ft²

Average Home Age

90.9 years

Currently For Sale

567 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 3 Minnowbrook Avenue, Delmar, NY, 12054

$1,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,050 ft²
3 Minnowbrook Avenue #APTA, Delmar, NY, 12054 Listing by Melissa Hems
Unit for rent at 51 Hollywood Avenue, Albany, NY, 12208

$1,950 /mo

  • 3 Beds
  • 1 Bath
  • 1,340 ft²
51 Hollywood Avenue #2F, Albany, NY, 12208 Listing by Matthew H Janke

Rentals Near You

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

Listed by: Debra M Kazmierczak
Bird Realty
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202419129
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 Salisbury Road built and last sold?
The property at 16 Salisbury Road was built in 1970 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 16 Salisbury Road is $25,250.
What are some comparable homes to 16 Salisbury Road?
There are currently no comparable homes to 16 Salisbury Road.
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