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Albany 12205
33 Cherry Street
$345,000
● House - Off Market

33 Cherry Street

Colonie, NY 12205
bedrooms
3 Beds
bathrooms
2 Baths
$2,181
Est. Monthly
4.62%
Cap Rate

About This Property

Welcome to 33 Cherry St! This charming 3-bedroom, 2-bath ranch offers a perfect blend of comfort and convenience in a highly sought-after Colonie neighborhood. Step inside to discover a spacious living room filled with natural light and wood fireplace, an updated kitchen with new appliances, and a cozy dining space perfect for gatherings. The basement is fully finished with washer and dryer, new water heater, central heating and cooling. Enjoy the serene yard with a big deck and patio, ideal for summer barbecues or a morning coffee. Close to schools, parks, shopping, and easy access to major highways, this home is perfect for both families and commuters. Don't miss your chance to own this gem in Colonie - schedule your showing today! A must see!
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$413
HOA Dues
-
Year Built
1955

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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 #202424907)

Price History

Date / Event Date Event Price
Dec 13, 2024 Sold
Premium
Sold
Nov 13, 2024 In contract -
In contract
Sep 26, 2024 Price Decreased $359,990
↓ $10K (2.7%)
Price Decreased
Sep 16, 2024 Relisted $369,990
Relisted
Sep 13, 2024 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • 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: 4
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 1,508
  • Building Area: 1,508
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,508
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 63-4 N-48 E-35 S-76-65

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 014001

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 04201800010610000000
  • District: 012689
  • Section: 42.18
  • Parcel: 012689 42.18-1-61
  • Block: 1
  • Lot: 61.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.6989
  • Longitude: -73.8175

    Address

  • Full Address: 33 Cherry St
  • Address - House Number: 33
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: NY
  • City Name: Albany
  • Carrier Code: C022
  • 4-Digit Zip Code: 5238
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $477,890
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 304,340
  • High Value: 377,030
  • Low Value: 231,650

    Market Valuation

  • Market Total Value: $213,700
  • Market Land Value: $42,740
  • Market Improvement Value: $170,960

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,000
  • Assessed Land Value: $21,800
  • Assessed Improvements Value: $87,200

    Sales

  • Current Sale Contract Date: Dec 18, 2019
  • Current Sale Recording Date: Dec 23, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: R2019-27454
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

$209

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2246 ft²

Average Home Age

94.5 years

Currently For Sale

701 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 69 Winthrop Avenue, Albany, NY, 12203

$1,995 /mo

  • 6 Beds
  • 2 Baths
  • 2,800 ft²
69 Winthrop Avenue #2, Albany, NY, 12203 Listing by Daniel Oh
Unit for rent at 4 Katherine Road, Colonie, NY, 12205

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 908 ft²
4 Katherine Road, Colonie, NY, 12205 Listing by Wayne A Newcomb, Jr.

Rentals Near You

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

Listed by: Binglin Li
KW Platform
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202424907
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 33 Cherry Street built and last sold?
The property at 33 Cherry Street was built in 1955 and last sold on Dec 18, 2019 for $238,000.
How much is this home worth?
The estimated value of the home located at 33 Cherry Street is $0.
What are some comparable homes to 33 Cherry Street?
There are currently no comparable homes to 33 Cherry Street.
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