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Albany
24 Louise Drive
$317,700
● House - Off Market

24 Louise Drive

Colonie, NY 12110
bedrooms
3 Beds
bathrooms
2 Baths
$344,788
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Don't miss this super solid, well-maintained brick ranch located in the heart of Latham. This single-floor home offers gleaming hardwoods, eat in kitchen,family room , formal dining and living rooms.  Three good-sized bedrooms fit queen size beds, with generous closets.  Full basement offers playroom/den, workspace and loads of additional storage.  Family room leads to very private yard with IG pool and additional side yard space overlooking cul de sac.  This well-loved home is ready for immediate occupancy.  North Colonie Schools and low TOC taxes.
Unit Size
-
Days on Market
-
Land Size
0.37 acres
Price per sqft
-
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1972

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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 #202227385)

Price History

Date / Event Date Event Price
Dec 15, 2022 Sold
Premium
Sold
Sep 27, 2022 Listed by eXp Realty $325,000
Listed by eXp Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • 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: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 16,117
  • Total Building Area: 1,696
  • Building Area: 1,696
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,696
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARAGONA HILLS SUBDIVISION
  • Land Acres: 0000000370
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-LOUISE DR E-22 N-3-23

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013503

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 01900200020740000000
  • District: 012689
  • Section: 19.02
  • Parcel: 012689 19.2-2-74
  • Block: 2
  • Lot: 74.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7605
  • Longitude: -73.7495

    Address

  • Full Address: 24 Louise Dr
  • Address - House Number: 24
  • Address - Street Name: Louise
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Latham
  • Carrier Code: C001
  • 4-Digit Zip Code: 5619
  • Zip Code: 12110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $598,270
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 606,983
  • High Value: 884,498
  • Low Value: 329,467

    Market Valuation

  • Market Total Value: $283,100
  • Market Land Value: $70,775
  • Market Improvement Value: $212,325

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,400
  • Assessed Land Value: $36,100
  • Assessed Improvements Value: $108,300

    Sales

  • Current Sale Contract Date: Dec 08, 2022
  • Current Sale Recording Date: Dec 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28995
  • Previous Sale Recording Date: Aug 14, 2006
  • Previous Sale Contract Date: Jul 14, 2006
  • 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

2228 ft²

Average Home Age

92.1 years

Currently For Sale

561 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: Jennifer C Wilson
eXp Realty
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202227385
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 24 Louise Drive built and last sold?
The property at 24 Louise Drive was built in 1972 and last sold on Dec 8, 2022 for $318,000.
How much is this home worth?
The estimated value of the home located at 24 Louise Drive is $328,250.
What are some comparable homes to 24 Louise Drive?
There are currently no comparable homes to 24 Louise Drive.
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