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Albany
2 Stutz Avenue
$450,000
● House - Off Market

2 Stutz Avenue

Colonie, NY 12110
bedrooms
4 Beds
bathrooms
3 Baths
$473,218
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Just a short walk to Latham Ridge Elementary, and local shopping, you can't beat the location This 4 Bedroom 3 Full Bath home is impeccable and ready for occupancy in time for the new school year.  Updated chefs kitchen opens to dining and living room with beautiful wood fireplace.  First-floor rec/family room doubles as an extended family living option with full bath, walk in closet and separate garage entrance.  Additional Master with full bath and additional three bedrooms and common full bath on 2nd floor. So many updates and improvements, this is one you won't want to miss.  Shaker Jr/Sr High.  See improvement list in docs.
Unit Size
-
Days on Market
-
Land Size
0.29 acres
Price per sqft
-
Property Type
House
Property Taxes
$568
HOA Dues
-
Year Built
1974

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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: 3 years ago (Global MLS #202222042)

Price History

Date / Event Date Event Price
Dec 22, 2022 Sold
Premium
Sold
Oct 5, 2022 Sold
Premium
Sold
Jul 7, 2022 Listed by eXp Realty $455,000
Listed by eXp Realty
Dec 14, 1999 Sold
Premium
Sold
Sep 28, 1999 Listed by Gallet Realty $155,000
Listed by Gallet Realty
-- Excellent Condition

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1982
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 602
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,632
  • Total Building Area: 2,740
  • Building Area: 2,740
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,740
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STUTZ AVENUE
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-STUTZ AVE E-93 LATHAM R C-54-82

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013510

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 01901600020030000000
  • District: 012689
  • Section: 19.16
  • Parcel: 012689 19.16-2-3
  • Block: 2
  • Lot: 3.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7544
  • Longitude: -73.7451

    Address

  • Full Address: 2 Stutz Ave
  • Address - House Number: 2
  • Address - Street Name: Stutz
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Latham
  • Carrier Code: C005
  • 4-Digit Zip Code: 3306
  • Zip Code: 12110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $685,491
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.2669
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 392,155
  • High Value: 496,827
  • Low Value: 287,483

    Market Valuation

  • Market Total Value: $343,100
  • Market Land Value: $83,324
  • Market Improvement Value: $259,776

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,000
  • Assessed Land Value: $42,500
  • Assessed Improvements Value: $132,500

    Sales

  • Current Sale Contract Date: Dec 06, 2022
  • Current Sale Recording Date: Dec 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 29600
  • Previous Sale Recording Date: Oct 05, 2022
  • Previous Sale Contract Date: Sep 27, 2022
  • Previous Sale Amount: $450,000
  • Previous Sale Document Type: 71
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

2231 ft²

Average Home Age

91.4 years

Currently For Sale

569 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 8 Park Avenue, Latham, NY, 12110

$2,700 /mo

  • 4 Beds
  • 1 Bath
  • 1,200 ft²
8 Park Avenue, Latham, NY, 12110 Listing by Linda Yetto
Unit for rent at 13 Southgate Road, Loudonville, NY, 12211

$2,800 /mo

  • 4 Beds
  • 1 Bath
  • 1,400 ft²
13 Southgate Road, Loudonville, NY, 12211 Listing by Linda Yetto

Rentals Near You

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

Listed by: Jennifer C Wilson
eXp Realty
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202222042
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 2 Stutz Avenue built and last sold?
The property at 2 Stutz Avenue was built in 1974 and last sold on Dec 6, 2022 for $180,000.
How much is this home worth?
The estimated value of the home located at 2 Stutz Avenue is $0.
What are some comparable homes to 2 Stutz Avenue?
There are currently no comparable homes to 2 Stutz Avenue.
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