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Colonie 12205
27 NICHOLAS Drive
$205,500
● House - Off Market

27 NICHOLAS Drive

Colonie, NY 12205
bedrooms
3 Beds
bathrooms
2 Baths
$462,636
RealtyHop Estimate
115.28%
Since Jan 1, 2013
National-US
Primary Model

About This Property

Pride of ownership evident in this 1950's contemporary style ranch. Open living room/dining room floor plan with hardwood floors, vaulted ceiling and lots of windows. Family room with fireplace and brand new carpeting. Three good sized bedrooms including master suite with bath. Huge 15' x 27' finished room plus lots of storage in the clean dry basement. Double lot, deck "forever wild" lands in rear. Pool sold "as is". Excellent Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1959

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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 #201223288)

Price History

Date / Event Date Event Price
Dec 13, 2012 Sold
Premium
Sold
Oct 5, 2012 Listed by Berkshire Hathaway HomeServices Blake, REALTORS $214,900
Listed by Berkshire Hathaway HomeServices Blake, REALTORS

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 17
  • 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: 456
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Total Building Area: 1,827
  • Building Area: 1,827
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,827
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LF EST LINK HAROLD N-31 E-1 S-62-00

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013902

Zoning

  • Zoning: 42

Geography

  • Account Number: 04200900010430000000
  • District: 012601
  • Section: 42.09
  • Parcel: 012601 42.9-1-43
  • Block: 1
  • Lot: 43.000
  • Municipality: COLONIE
  • Latitude: 42.7158
  • Longitude: -73.8245

    Address

  • Full Address: 27 Nicholas Dr
  • Address - House Number: 27
  • Address - Street Name: Nicholas
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Albany
  • Carrier Code: C002
  • 4-Digit Zip Code: 2527
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $495,090
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 339,533
  • High Value: 420,628
  • Low Value: 258,438

    Market Valuation

  • Market Total Value: $251,000
  • Market Land Value: $50,200
  • Market Improvement Value: $200,800

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,000
  • Assessed Land Value: $25,600
  • Assessed Improvements Value: $102,400

    Exemptions

  • Homeowner Exemption: Yes
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:

$337,000

Sale Price/ft²

$248

Above Asking

0.00%

Average Days on Market

53

Average Home Size

1422 ft²

Average Home Age

75.8 years

Currently For Sale

12 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: Ellen A Picotte
Berkshire Hathaway HomeServices Blake, REALTORS
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201223288
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 Nicholas Drive built and last sold?
The property at 27 Nicholas Drive was built in 1959 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 27 Nicholas Drive is $0.
What are some comparable homes to 27 Nicholas Drive?
There are currently no comparable homes to 27 Nicholas Drive.
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