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Westmere 12203
27 PALMA Boulevard
$320,000
● House - Off Market

27 PALMA Boulevard

Guilderland, NY 12203
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$562,947
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

New Price!!!Built circa 1961 as a Ranch this Custom Colonial offers a HUGE 1,458 sq.ft. second story addition complete with a master suite, spa bath, family room, balcony, and plenty of additional storage. In place for you to enjoy is the recently remodeled custom kitchen, refinished hardwood floors, updated baths, and double sided fireplace. The finished lower level offers a rec area, built in bar, workshop and laundry room. Minutes to all major highways, Crossgates Mall, UAlbany, Albany NanoTech, and YMCA -- Excellent Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$704
HOA Dues
-
Year Built
1961

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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 #201617090)

Price History

Date / Event Date Event Price
Aug 19, 2019 Sold
Premium
Sold
Feb 28, 2017 Sold
Premium
Sold
Aug 16, 2016 Listed by Berkshire Hathaway HomeServices Blake, REALTORS $338,000
Listed by Berkshire Hathaway HomeServices Blake, REALTORS

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,914
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 1,301
  • Total Building Area: 3,344
  • Building Area: 3,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,344
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FILOMENA PALMA
  • Land Acres: 0000000388
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 358 S

Neighborhood

  • School District Name: Guilderland Central School District
  • School Tax School District: GUILDERLAND
  • Census Tract: 014614

Zoning

  • Zoning: R15

Geography

  • Account Number: 05101600030120000000
  • District: 013089
  • Section: 51.16
  • Parcel: 013089 51.16-3-12
  • Block: 3
  • Lot: 12.000
  • Municipality: GUILDERLAND (TOV)
  • Latitude: 42.6862
  • Longitude: -73.8728

    Address

  • Full Address: 27 Palma Blvd
  • Address - House Number: 27
  • Address - Street Name: Palma
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: Albany
  • Carrier Code: C013
  • 4-Digit Zip Code: 4613
  • Zip Code: 12203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $908,853
  • Tax Rate Code Area: 013002

    Appraisal Valuation

  • Standard Deviation: 0.2464
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 421,083
  • High Value: 524,841
  • Low Value: 317,325

    Market Valuation

  • Market Total Value: $398,824
  • Market Land Value: $80,000
  • Market Improvement Value: $318,824

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $339,000
  • Assessed Land Value: $68,000
  • Assessed Improvements Value: $271,000

    Sales

  • Current Sale Contract Date: Aug 02, 2019
  • Current Sale Recording Date: Aug 19, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2019-16976
  • Previous Sale Recording Date: Mar 03, 2017
  • Previous Sale Contract Date: Feb 28, 2017
  • 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 Westmere

Stats & Trends

Median Asking:

$349,950

Sale Price/ft²

$239

Below Asking

0.02%

Average Days on Market

56

Average Home Size

2614 ft²

Average Home Age

44 years

Currently For Sale

7 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 1 Dresden Court, Guilderland, NY, 12203

$2,650 /mo

  • 2 Beds
  • 1 Bath
  • 1,100 ft²
1 Dresden Court, Guilderland, NY, 12203 Listing by Linda Yetto

Rentals Near You

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

Listed by: Sandra V Nardoci
Berkshire Hathaway HomeServices Blake, REALTORS
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201617090
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 Palma Boulevard built and last sold?
The property at 27 Palma Boulevard was built in 1961 and last sold on Aug 2, 2019 for $210,000.
How much is this home worth?
The estimated value of the home located at 27 Palma Boulevard is $0.
What are some comparable homes to 27 Palma Boulevard?
There are currently no comparable homes to 27 Palma Boulevard.
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