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Orange 12549
2941 Albany Post Road
$285,000
● House - Off Market

2941 Albany Post Road

Montgomery, NY 12549
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,568 Ft²
$301,328
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

Great opportunity  to own a 3/4 bedroom home in Montgomery.  This ranch has many updates and sits on 1 level acre backing up to neighbors pond. Close to Village of Montgomery and Route 84.  Updates include: refinished hardwood floors throughout, Kitchen with stainless steel appliances, main bath (2021), paved driveway (2021). Office has separate exterior entrance. 6 person hot tub included.  Being sold As Is. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
Unit Size
1,568 Ft²
Days on Market
162 days
Land Size
1.00 acres
Price per sqft
$191
Property Type
House
Property Taxes
$599
HOA Dues
-
Year Built
1958

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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: 5 months ago (OneKey MLS #KEYH6154665)

Price History

Date / Event Date Event Price
May 13, 2022 Sold
Premium
Sold
Nov 20, 2021 Listed by John J Lease REALTORS Inc $299,000
Listed by John J Lease REALTORS Inc
Mar 26, 2020 Sold
Premium
Sold
Oct 21, 2013 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Total Rooms: 8
  • 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: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 9

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,568
  • Building Area: 1,568
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,568
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: WS CO HWY 14

Neighborhood

  • School District Name: Valley Central School District (Montgomery)
  • School Tax School District: VALLEY-MONTGOME
  • Census Tract: 010601

Zoning

  • Zoning: RA5

Geography

  • District: 334289
  • Section: 19.00
  • Parcel: 334289 19-2-36
  • Block: 2
  • Lot: 36.000
  • Municipality: MONTGOMERY
  • Latitude: 41.5361
  • Longitude: -74.2383

    Address

  • Full Address: 2941 Albany Post Rd
  • Address - House Number: 2941
  • Address - Street Name: Albany Post
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Montgomery
  • Carrier Code: R003
  • 4-Digit Zip Code: 2134
  • Zip Code: 12549

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $713,233
  • Tax Rate Code Area: 334201

    Appraisal Valuation

  • Standard Deviation: 0.2404
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 364,315
  • High Value: 451,907
  • Low Value: 276,723

    Market Valuation

  • Market Total Value: $333,300
  • Market Land Value: $106,894
  • Market Improvement Value: $226,406

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $140,000
  • Assessed Land Value: $44,900
  • Assessed Improvements Value: $95,100

    Sales

  • Current Sale Contract Date: May 03, 2022
  • Current Sale Recording Date: May 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20220036559
  • Previous Sale Recording Date: Mar 26, 2020
  • Previous Sale Contract Date: Mar 19, 2020
  • Previous Sale Amount: $179,000
  • 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 Orange

Stats & Trends

Median Asking:

$489,000

Sale Price/ft²

$267

Below Asking

0.02%

Average Days on Market

93

Average Home Size

2196 ft²

Average Home Age

60.6 years

Currently For Sale

1282 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 148 Clinton Street, Montgomery, NY, 12549

$1,900 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
148 Clinton Street #4, Montgomery, NY, 12549 Listing by Richard Baxter

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 5 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 2941 Albany Post Road built and last sold?
The property at 2941 Albany Post Road was built in 1958 and last sold on May 3, 2022 for $285,000.
How much is this home worth?
The estimated value of the home located at 2941 Albany Post Road is $301,990.
What are some comparable homes to 2941 Albany Post Road?
There are currently no comparable homes to 2941 Albany Post Road.
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