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Menands 12204
27 FOLMSBEE Drive
Photo of 27 FOLMSBEE Drive
Sold on Dec 2, 2005

1

Map

$610,000
● House - Off Market

27 FOLMSBEE Drive

Menands, NY 12204
bedrooms
6 Beds
bathrooms
3 Baths, 2 Half Baths
square feet
3,276 Ft²
$1,116,543
RealtyHop Estimate
71.80%
Since Jan 1, 2006
National-US
Primary Model

About This Property

Truly a classic!  Brick center hall colonial, 2 fireplaces, all large rooms, crown & picture moldings, hardwood floors, beautifully maintained & lovingly updated.  A Must See Home! Excellent Condition
Unit Size
3,276 Ft²
Days on Market
141 days
Land Size
0.52 acres
Price per sqft
$198
Property Type
House
Property Taxes
$908
HOA Dues
-
Year Built
1969

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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: 9 days ago (Global MLS #25112616)

Price History

Date / Event Date Event Price
Dec 5, 2005 Sold
Premium
Sold
Jul 14, 2005 Listed by Better Homes and Gardens Tech $649,900
Listed by Better Homes and Gardens Tech
Sep 29, 1998 Sold
Premium
Sold
Jul 10, 1998 Listed by Better Homes and Gardens Tech $429,900
Listed by Better Homes and Gardens Tech

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Total Building Area: 3,276
  • Building Area: 3,276
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 3,276
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000520
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-5 E-1 C-58-28

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013602

Zoning

  • Zoning: 73

Geography

  • Account Number: 05401200030540000000
  • District: 012603
  • Section: 54.12
  • Parcel: 012603 54.12-3-54
  • Block: 3
  • Lot: 54.000
  • Municipality: MENANDS
  • Latitude: 42.6886
  • Longitude: -73.7485

    Address

  • Full Address: 27 Folmsbee Dr
  • Address - House Number: 27
  • Address - Street Name: Folmsbee
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Albany
  • Carrier Code: C003
  • 4-Digit Zip Code: 1205
  • Zip Code: 12204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,189,369
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.2351
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 741,167
  • High Value: 915,468
  • Low Value: 566,866

    Market Valuation

  • Market Total Value: $637,300
  • Market Land Value: $199,230
  • Market Improvement Value: $438,070

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,000
  • Assessed Land Value: $101,600
  • Assessed Improvements Value: $223,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 02, 2005
  • Current Sale Recording Date: Dec 05, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Sep 29, 1998
  • Previous Sale Contract Date: Sep 22, 1998
  • Previous Sale Amount: $423,000
  • 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 Menands

Stats & Trends

Median Asking:

$590,000

Sale Price/ft²

$227

Below Asking

0.02%

Average Days on Market

78

Average Home Size

2785 ft²

Average Home Age

70.3 years

Currently For Sale

10 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: Susan Lynne Sommers
Better Homes and Gardens Tech
Last Updated: 9 days ago
Data Source: Global MLS , MLS# 25112616
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 Folmsbee Drive built and last sold?
The property at 27 Folmsbee Drive was built in 1969 and last sold on Dec 2, 2005 for $610,000.
How much is this home worth?
The estimated value of the home located at 27 Folmsbee Drive is $0.
What are some comparable homes to 27 Folmsbee Drive?
There are currently no comparable homes to 27 Folmsbee Drive.
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