$760,000
●
House -
Off Market
31 Tamarack Lane
Colonie, NY 12309
4 Beds
4 Baths,
2
Half Baths
$5,137
Est. Monthly
$120
HOA / Fees
2.89%
Cap Rate
About This Property
Fabulous Find! This wonderful 8-year-old colonial offers 3,500 sq
ft of stylish living space in the Forest Grove Subdivision. Relax
in the welcoming living room or host gatherings in the elegant
dining room with a tray ceiling. The gourmet kitchen, featuring
granite counters, custom cabinetry, and stainless appliances, opens
to a spacious family room with a cozy gas fireplace and a picture
window. The luxurious primary suite boasts a walk-in shower, double
vanities, and California Closets. The finished walk-out lower level
with 9-ft ceilings provides a rec room, gym, and workshop. Step
outside to your own backyard oasis with a pond, waterfall, deck,
and patios. Located in the Town of Colonie with Niskayuna Schools
and just moments from shopping, dining, the airport, and highways.
Unit Size
-
Days on Market
-
Land Size
0.51 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,212
HOA Dues
$120
Year Built
2016
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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 #202510755)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Jan 21, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Listed by KW Platform | $775,000 | |
| Listed by KW Platform | |||
| Jun 6, 2022 | Sold | ||
| Sold | |||
| Apr 7, 2022 | Listed by Cornwell RE LLC | $669,000 | |
| Listed by Cornwell RE LLC | |||
| | |||
|
This spacious home is just 6 years young & features high end finishes like bamboo flooring, granite counters, stainless steel appliances, gas fireplace & modern lighting. Recently freshly painted with neutral & calming colors throughout. Over 3500 SQFT allows for a formal dining room, sitting room & family room. 5 bedrooms & 4 bathrooms which includes a master suite with a walk in closet, luxury tiled shower, double vanity & more! If you think you've run out of room, the finished walk out 9ft ceiling basement offers endless storage & another area to relax. The backyard is perfect for entertaining this summer: fenced in yard with extensive landscaping, paved patio, gas fire pit, deck, shed, sprinkler system & privacy. Award winning schools, low taxes, great location!
| |||
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Property Highlights
Parking Available
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Albany
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Listed by: Marion DeSantis
KW Platform
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202510755
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.
KW Platform
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202510755
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Address: 335 Madison Avenue, New York, NY 10017