For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Rensselaer 12144
27 Farley Drive
Photo of 27 Farley Drive
Sold on Mar 5, 2024

1

Map

$253,500
● House - Off Market

27 Farley Drive

Rensselaer, NY 12144
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,100 Ft²
$1,782
Est. Monthly
5.98%
Cap Rate

About This Property

Please submit all offers by Sunday the 14th at 3pm. Thank you One owner ranch home in sweet convenient neighborhood! Five minute commute to downtown Albany.  This home features 3 bedrooms and 1 full bath with a potential half bath in basement as well as a bright living room with a bay window and dining and kitchen area.  Hardwood floors are prevalent in the home.  One car detached garage and large flat fenced rear lot.  One bedroom has the stacked washer/dryer in the closet but can be moved back to basement.   Newer hot water tank, gas heat central air. Some newer windows.
Unit Size
1,100 Ft²
Days on Market
61 days
Land Size
0.19 acres
Price per sqft
$227
Property Type
House
Property Taxes
$554
HOA Dues
-
Year Built
1962

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 days ago (Global MLS #202410135)

Price History

Date / Event Date Event Price
Mar 7, 2024 Sold
Premium
Sold
Jan 15, 2024 In contract -
In contract
Jan 4, 2024 Listed by Gabler Realty LLC $249,900
Listed by Gabler Realty LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • 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: 4
  • Garage Square Area: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,319
  • Lot Size Frontage Feet: 645
  • Total Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,100
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: GARAGE HOUSE

Neighborhood

  • School District Name: Rensselaer City School District
  • School Tax School District: RENSSELAER
  • Census Tract: 051602

Zoning

  • Zoning: R1

Geography

  • Account Number: 81904
  • District: 381400
  • Section: 133.72
  • Parcel: 381400 133.72-3-6
  • Block: 3
  • Lot: 6.000
  • Municipality: RENSSELAER
  • Latitude: 42.6581
  • Longitude: -73.7176

    Address

  • Full Address: 27 Farley Dr
  • Address - House Number: 27
  • Address - Street Name: Farley
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Rensselaer
  • Carrier Code: C003
  • 4-Digit Zip Code: 1306
  • Zip Code: 12144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $347,868
  • Tax Rate Code Area: 381400

    Appraisal Valuation

  • Standard Deviation: 0.1141
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 88
  • Final Value: 253,871
  • High Value: 282,842
  • Low Value: 224,900

    Market Valuation

  • Market Total Value: $196,000
  • Market Land Value: $41,000
  • Market Improvement Value: $155,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $39,200
  • Assessed Land Value: $8,200
  • Assessed Improvements Value: $31,000

    Sales

  • Current Sale Contract Date: Mar 01, 2024
  • Current Sale Recording Date: Mar 07, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2024-639092
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:

$244,900

Sale Price/ft²

$169

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1599 ft²

Average Home Age

132.4 years

Currently For Sale

23 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 23 Bonheim Street, Albany, NY, 12204

$1,950 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
23 Bonheim Street #2, Albany, NY, 12204 Listing by Patrick Dunn
Unit for rent at 195 Van Rensselaer Boulevard, Menands, NY, 12204

$1,930 /mo

  • 2 Beds
  • 1 Bath
195 Van Rensselaer Boulevard #B3, Menands, NY, 12204 Listing by Karen E Laberge

Rentals Near You

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

Listed by: Paula L Rice
Gabler Realty LLC
Last Updated: 3 days ago
Data Source: Global MLS , MLS# 202410135
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 27 Farley Drive built and last sold?
The property at 27 Farley Drive was built in 1962 and last sold on Mar 1, 2024 for $253,500.
How much is this home worth?
The estimated value of the home located at 27 Farley Drive is $249,032.
What are some comparable homes to 27 Farley Drive?
There are currently no comparable homes to 27 Farley Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Rensselaer Homes for Sale
Rensselaer Houses for Sale
Rensselaer Condos for Sale
Rensselaer Townhouses for Sale
Rensselaer Multifamily for Sale
Rensselaer Land for Sale
Rensselaer Commercial for Sale
Rensselaer Homes with Basements
Nearby Cities
Albany Homes for Sale
Watervliet Homes for Sale
East Greenbush Homes for Sale
Hampton Manor Homes for Sale
Menands Homes for Sale
Nearby Property Records
Albany County, NY Property Records
Rensselaer County, NY Property Records
Schenectady County, NY Property Records
Columbia County, NY Property Records
Saratoga County, NY Property Records
Greene County, NY Property Records
Berkshire County, MA Property Records
Schoharie County, NY Property Records
Neighborhoods
Delaware Avenue Real Estate
Buckingham Lake - Crestwood Real Estate
Pine Hills Real Estate
Whitehall Real Estate
Helderberg Real Estate
New Scotland Real Estate
Center Square Real Estate
West Hill Real Estate
Nearby Counties
Albany Homes for Sale
East Greenbush Homes for Sale
North Greenbush Homes for Sale
Watervliet Homes for Sale
Top Real Estate Agents
Top Agents in Rensselaer
Top Agents in Albany
Top Agents in Albany
Top Agents in 12144
Top Agents in 12208
Top Agents in East Greenbush
Top Agents in 12211
Top Agents in North Greenbush