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Colonie 12205
23 Robert Drive
$162,500
● House - Off Market

23 Robert Drive

Colonie, NY 12205
bedrooms
3 Beds
bathrooms
1 Bath
$1,030
Est. Monthly
13.26%
Cap Rate

About This Property

BEST AND FINAL SET FOR SUNDAY 9/15/24 AT 8:00 P.M. Ideal for downsizers, first-time homebuyers, or investors looking to add value. Great opportunity to own a property in a desirable, quiet and walkable Colonie neighborhood! This home features 3 bedrooms, 1 full bath, central air, an expansive detached 1-car garage and a spacious, level, fully fenced backyard that abuts to the desirable Cook Park.  Conveniently located near shopping, major highways, and restaurants.  Serviced by the South Colonie School District. Low Taxes!
Unit Size
-
Days on Market
-
Land Size
0.31 acres
Price per sqft
-
Property Type
House
Property Taxes
$294
HOA Dues
-
Year Built
1953

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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 #202425432)

Price History

Date / Event Date Event Price
Oct 4, 2024 Sold
Premium
Sold
Sep 17, 2024 In contract -
In contract
Sep 13, 2024 Listed by Kellie Kieley Realty LLC $149,900
Listed by Kellie Kieley Realty LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • 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: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 304
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 864
  • Building Area: 864
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 864
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-ROBERT DR E-25 S-100-19

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013901

Zoning

  • Zoning: 42

Geography

  • Account Number: 04101600020190000000
  • District: 012601
  • Section: 41.16
  • Parcel: 012601 41.16-2-19
  • Block: 2
  • Lot: 19.000
  • Municipality: COLONIE
  • Latitude: 42.709
  • Longitude: -73.8357

    Address

  • Full Address: 23 Robert Dr
  • Address - House Number: 23
  • Address - Street Name: Robert
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Albany
  • Carrier Code: C005
  • 4-Digit Zip Code: 4935
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $332,639
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 232,302
  • High Value: 288,824
  • Low Value: 175,780

    Market Valuation

  • Market Total Value: $168,600
  • Market Land Value: $33,720
  • Market Improvement Value: $134,880

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $86,000
  • Assessed Land Value: $17,200
  • Assessed Improvements Value: $68,800
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 Colonie

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$250

Above Asking

0.00%

Average Days on Market

54

Average Home Size

1424 ft²

Average Home Age

71.9 years

Currently For Sale

7 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: Kellie A Kieley
Kellie Kieley Realty LLC
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202425432
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 23 Robert Drive built and last sold?
The property at 23 Robert Drive was built in 1953 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 23 Robert Drive is $0.
What are some comparable homes to 23 Robert Drive?
There are currently no comparable homes to 23 Robert Drive.
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