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Albany 12047
3 Nottingham Way
$809,000
● House - Off Market

3 Nottingham Way

Colonie, NY 12047
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$4,966
Est. Monthly
2.98%
Cap Rate

About This Property

Rare opportunity to land a beautiful home on a unique, private, 2.4 acre lot in the highly sought after Dutch Meadows.   Boasting nearly 3000 square feet above and another 1200 finished square feet below, this home has it all!  The front door welcomes you into the soaring high foyer that leads into the open kitchen that flows to the great room with high ceilings featuring a gas fireplace. Upstairs is where you will find the 4 bedrooms, including the primary suite with large walk in closet and spacious bathroom. Too much to say about the outside, WOW! Fully fenced in wooded dream yard features full privacy, a Trex Transcend tiered deck with covered seating area and the star is the stunning, heated, salt water pool.  All of this in the award winning North Colonie Schools! MUST SEE!
Unit Size
-
Days on Market
-
Land Size
2.40 acres
Price per sqft
-
Property Type
House
Property Taxes
$993
HOA Dues
-
Year Built
2004

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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: 2 years ago (Global MLS #202427912)

Price History

Date / Event Date Event Price
Dec 4, 2024 Sold
Premium
Sold
Oct 27, 2024 In contract -
In contract
Oct 23, 2024 Listed by Gucciardo Real Estate LLC $809,000
Listed by Gucciardo Real Estate LLC
May 17, 2013 Sold
Premium
Sold
Feb 27, 2013 Listed by Gucciardo Real Estate LLC $494,900
Listed by Gucciardo Real Estate LLC
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • 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: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 546
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 104,544
  • Total Building Area: 2,821
  • Building Area: 2,821
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,821
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002400
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: VANDENBERGH ESTATES

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013511

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 00400400050750000000
  • District: 012689
  • Section: 4.04
  • Parcel: 012689 4.4-5-75
  • Block: 5
  • Lot: 75.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7896
  • Longitude: -73.7399

    Address

  • Full Address: 3 Nottingham Way
  • Address - House Number: 3
  • Address - Street Name: Nottingham
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Cohoes
  • Carrier Code: R002
  • 4-Digit Zip Code: 4971
  • Zip Code: 12047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,207,354
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.2121
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 706,798
  • High Value: 856,776
  • Low Value: 556,821

    Market Valuation

  • Market Total Value: $587,600
  • Market Land Value: $146,851
  • Market Improvement Value: $440,749

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $299,700
  • Assessed Land Value: $74,900
  • Assessed Improvements Value: $224,800

    Sales

  • Current Sale Contract Date: May 16, 2013
  • Current Sale Recording Date: May 17, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11398601
  • Previous Sale Recording Date: May 14, 2009
  • Previous Sale Contract Date: May 12, 2009
  • Previous Sale Amount: $462,500
  • 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

2262 ft²

Average Home Age

90.4 years

Currently For Sale

559 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

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Global MLS

Listed by: Giuseppe Tropiano
Gucciardo Real Estate LLC
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202427912
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 3 Nottingham Way built and last sold?
The property at 3 Nottingham Way was built in 2004 and last sold on May 16, 2013 for $488,000.
How much is this home worth?
The estimated value of the home located at 3 Nottingham Way is $817,090.
What are some comparable homes to 3 Nottingham Way?
There are currently no comparable homes to 3 Nottingham Way.
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