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Albany 12208 Normanskill
19 OLIVE TREE Lane
$365,000
● House - Off Market

19 OLIVE TREE Lane

Albany, NY 12208
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
$585,361
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Albany areas custom subdivision near everything from Hospitals, SUNA, Northway, thruway and Nano tech, SUNY at Albany, and more. Custom built with Stone fireplace, Many up dates, Get in for the start of Sept school year, immediate occupancy, Hard wood floors, new carpet and more. Easy to show as it is vacant, trash removal free, metered water and sewer -- Excellent Condition
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,223
HOA Dues
-
Year Built
1985

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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: 3 years ago (Global MLS #201920936)

Price History

Date / Event Date Event Price
Nov 1, 2019 Sold
Premium
Sold
Sep 27, 2019 Sold
Premium
Sold
May 29, 2019 Listed by Property Pro Realty Group Inc. $399,900
Listed by Property Pro Realty Group Inc.

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 6
  • 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: 1
  • Garage Square Area: 731
  • Parking Space Count: 3
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,094
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 870
  • Total Building Area: 3,166
  • Building Area: 3,166
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,166
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000324
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 1 FAMILY WOOD &2 CAR GAR 1612419

Neighborhood

  • School District Name: Albany City School District
  • School Tax School District: ALBANY
  • Census Tract: 001804

Zoning

  • Zoning: R1B

Geography

  • Account Number: 07401200010350000000
  • District: 010100
  • Section: 74.12
  • Parcel: 010100 74.12-1-35
  • Block: 1
  • Lot: 35.000
  • Municipality: ALBANY
  • Latitude: 42.6498
  • Longitude: -73.8308

    Address

  • Full Address: 19 Olive Tree Ln
  • Address - House Number: 19
  • Address - Street Name: Olive Tree
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Albany
  • Carrier Code: C022
  • 4-Digit Zip Code: 1076
  • Zip Code: 12208

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,573,309
  • Tax Rate Code Area: 010100

    Appraisal Valuation

  • Standard Deviation: 0.2348
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 514,640
  • High Value: 635,506
  • Low Value: 393,774

    Market Valuation

  • Market Total Value: $568,968
  • Market Land Value: $114,358
  • Market Improvement Value: $454,610

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $403,000
  • Assessed Land Value: $81,000
  • Assessed Improvements Value: $322,000

    Sales

  • Current Sale Contract Date: Sep 26, 2019
  • Current Sale Recording Date: Sep 27, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2019-20440
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 Normanskill

Stats & Trends

Median Asking:

$359,000

Sale Price/ft²

$228

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1563 ft²

Average Home Age

46 years

Currently For Sale

1 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

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Global MLS

Listed by: Kathleen Angiolini
Property Pro Realty Group Inc.
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201920936
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 19 Olive Tree Lane built and last sold?
The property at 19 Olive Tree Lane was built in 1985 and last sold on Sep 26, 2019 for $365,000.
How much is this home worth?
The estimated value of the home located at 19 Olive Tree Lane is $0.
What are some comparable homes to 19 Olive Tree Lane?
There are currently no comparable homes to 19 Olive Tree Lane.
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