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Rensselaer
25 ECHO Park
$174,500
● House - Off Market

25 ECHO Park

Berlin, NY 12022
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,210 Ft²
$286,327
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

BASICALLY BRAND NEW!!  This home has been completed remodeled, featuring an open living concept, beautifully refinished hardwood floors, new windows, new siding, new garage door, new kitchen with granite countertops, new lighting, carpet, bathrooms, the list goes on!  Egress window installed in the basement to add third bedroom, as well as family room and laundry room.  Great seasonal sunroom of the rear of the home to enjoy the field, and a huge 2 car garage with a brand new door, and new paved driveway! Excellent Condition
Unit Size
1,210 Ft²
Days on Market
103 days
Land Size
0.22 acres
Price per sqft
$153
Property Type
House
Property Taxes
$251
HOA Dues
-
Year Built
1951

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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: 2 years ago (Global MLS #201723764)

Price History

Date / Event Date Event Price
Mar 27, 2018 Sold
Premium
Sold
Feb 16, 2018 Sold
Premium
Sold
Dec 14, 2017 Listed by Venture Realty Partners $184,900
Listed by Venture Realty Partners
Oct 4, 2017 Sold
Premium
Sold
Aug 30, 2017 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 2
  • 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: 3
  • Basement Area: 371
  • Garage Type: 4
  • Garage Square Area: 702
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,022
  • Lot Size Frontage Feet: 950
  • Total Building Area: 839
  • Building Area: 839
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 839
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Berlin Central School District
  • School Tax School District: BERLIN
  • Census Tract: 052103

Geography

  • Account Number: 205J126460
  • District: 382000
  • Section: 130.01
  • Parcel: 382000 130.1-6-17
  • Block: 6
  • Lot: 17.000
  • Municipality: BERLIN
  • Latitude: 42.6932
  • Longitude: -73.3643

    Address

  • Full Address: 25 Echo Park
  • Address - House Number: 25
  • Address - Street Name: Echo
  • Address - Suffix Type: Park
  • State: NY
  • City Name: Berlin
  • Carrier Code: R001
  • 4-Digit Zip Code: 1821
  • Zip Code: 12022

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $429,748
  • Tax Rate Code Area: 382001

    Appraisal Valuation

  • Standard Deviation: 0.2401
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 256,107
  • High Value: 317,604
  • Low Value: 194,609

    Market Valuation

  • Market Total Value: $195,146
  • Market Land Value: $4,963
  • Market Improvement Value: $190,183

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,322
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $38,322

    Sales

  • Current Sale Recording Date: Feb 16, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Oct 04, 2017
  • Previous Sale Contract Date: Aug 28, 2017
  • Previous Sale Amount: $31,100
  • Previous Sale Document Type: 27
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 Rensselaer

Stats & Trends

Median Asking:

$300,000

Sale Price/ft²

$196

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2241 ft²

Average Home Age

95.1 years

Currently For Sale

327 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: Shane P Cahill
Venture Realty Partners
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 201723764
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 25 Echo Park built and last sold?
The property at 25 Echo Park was built in 1951 and last sold on Jan 1, 1970 for $174,500.
How much is this home worth?
The estimated value of the home located at 25 Echo Park is $189,374.
What are some comparable homes to 25 Echo Park?
There are currently no comparable homes to 25 Echo Park.
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