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Albany
22 NELSON Avenue
$235,000
● House - Off Market

22 NELSON Avenue

Colonie, NY 12110
bedrooms
3 Beds
bathrooms
1 Bath
$285,228
RealtyHop Estimate
18.94%
Since Jun 1, 2021
National-US
Primary Model

About This Property

Newly remodeled Latham ranch within walking distance to Forts Ferry School or Burns Whitney park. Brand new kitchen features white custom cabinetry, SS appliances, wide baseboard moldings, new interior doors, tiled back splash, and new flooring throughout. Windows, roof, furnace, and H20 tank are less than 10. Brand Central air being installed on 3/18/2021 as well as a new paved driveway 9 when weather permits). Full basement (will be cleaned out 3/20) has great potential to be finished. Nice yard with room for deck or another patio. North Colonie schools, low taxes, and super convenient location. Broker is owner. Excellent Condition
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$250
HOA Dues
-
Year Built
1956

Payment Calculator

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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 #202113984)

Price History

Date / Event Date Event Price
May 2, 2022 Sold
Premium
Sold
May 24, 2021 Sold
Premium
Sold
Mar 18, 2021 Listed by Gucciardo Real Estate LLC $239,800
Listed by Gucciardo Real Estate LLC
Sep 13, 2017 Sold
Premium
Sold
Aug 15, 2017 Listed by Gucciardo Real Estate LLC $175,000
Listed by Gucciardo Real Estate LLC
SOLD BEFORE PRINT -- Excellent Condition

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 231
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 912
  • Building Area: 912
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 912
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP NO 2 SALEM HILLS
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LF EST SLISH JD & CF N-NELSON AV E-20 C-73-61

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013512

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 01800800010300000000
  • District: 012689
  • Section: 18.08
  • Parcel: 012689 18.8-1-30
  • Block: 1
  • Lot: 30.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7626
  • Longitude: -73.7823

    Address

  • Full Address: 22 Nelson Ave
  • Address - House Number: 22
  • Address - Street Name: Nelson
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Latham
  • Carrier Code: C006
  • 4-Digit Zip Code: 1828
  • Zip Code: 12110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $411,898
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.2444
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 277,135
  • High Value: 344,883
  • Low Value: 209,387

    Market Valuation

  • Market Total Value: $202,000
  • Market Land Value: $50,598
  • Market Improvement Value: $151,402

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,000
  • Assessed Land Value: $25,800
  • Assessed Improvements Value: $77,200

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: May 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11076
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:

$331,000

Sale Price/ft²

$210

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2226 ft²

Average Home Age

91.1 years

Currently For Sale

582 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 940 New Loudon Road, Latham, NY, 12110

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
940 New Loudon Road, Latham, NY, 12110 Listing by Quinn M Mitchell

Rentals Near You

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

Listed by: Anthony M Gucciardo
Gucciardo Real Estate LLC
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202113984
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 22 Nelson Avenue built and last sold?
The property at 22 Nelson Avenue was built in 1956 and last sold on Apr 20, 2022 for $10,000.
How much is this home worth?
The estimated value of the home located at 22 Nelson Avenue is $0.
What are some comparable homes to 22 Nelson Avenue?
There are currently no comparable homes to 22 Nelson Avenue.
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