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Albany
29 Mohawk Avenue
$288,000
● House - Off Market

29 Mohawk Avenue

Colonie, NY 12110
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$1,870
Est. Monthly
6.01%
Cap Rate

About This Property

North Colonie Schools! Some TLC and your personal style will make this 3 bedroom 1.5 bath Latham raised ranch with garage the perfect place to call home. Positioned in a prime and convenient neighborhood, situated on a private wooded lot, close to schools, shopping & restaurants with easy access to all the major roadways. Easy to show!
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1972

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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 #202410388)

Price History

Date / Event Date Event Price
Mar 15, 2024 Sold
Premium
Sold
Feb 2, 2024 In contract -
In contract
Jan 22, 2024 Price Decreased $299,999
↓ $40K (11.8%)
Price Decreased
Jan 10, 2024 Listed by Keller Williams Capital Dist $339,999
Listed by Keller Williams Capital Dist
Jan 24, 2007 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • 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: 624
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,792
  • Total Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLONIE ESTATES
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOTS 1560-1 N-31 E-36 HUDSON AVE C-94-58

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013510

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 01901500040130000000
  • District: 012689
  • Section: 19.15
  • Parcel: 012689 19.15-4-13
  • Block: 4
  • Lot: 13.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7519
  • Longitude: -73.7488

    Address

  • Full Address: 29 Mohawk Ave
  • Address - House Number: 29
  • Address - Street Name: Mohawk
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Latham
  • Carrier Code: C005
  • 4-Digit Zip Code: 3116
  • Zip Code: 12110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $439,447
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.1103
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 88
  • Final Value: 299,652
  • High Value: 332,730
  • Low Value: 266,574

    Market Valuation

  • Market Total Value: $207,800
  • Market Land Value: $51,950
  • Market Improvement Value: $155,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,000
  • Assessed Land Value: $26,500
  • Assessed Improvements Value: $79,500

    Sales

  • Current Sale Contract Date: Dec 13, 2006
  • Current Sale Recording Date: Jan 24, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 09878891
  • Previous Sale Recording Date: Jan 24, 2007
  • Previous Sale Contract Date: Sep 07, 2006
  • Previous Sale Amount: $166,000
  • 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 Albany

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2268 ft²

Average Home Age

91.1 years

Currently For Sale

536 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 940 New Loudon Road, Latham, NY, 12110

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
940 New Loudon Road, Latham, NY, 12110 Listing by Quinn M Mitchell

Rentals Near You

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

Listed by: Jason Giulieri
Keller Williams Capital Dist
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202410388
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 29 Mohawk Avenue built and last sold?
The property at 29 Mohawk Avenue was built in 1972 and last sold on Dec 13, 2006 for $170,000.
How much is this home worth?
The estimated value of the home located at 29 Mohawk Avenue is $302,999.
What are some comparable homes to 29 Mohawk Avenue?
There are currently no comparable homes to 29 Mohawk Avenue.
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