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Fulton 12010
340 McKay Road
$270,000
● House - Off Market

340 McKay Road

Perth, NY 12010
bedrooms
3 Beds
bathrooms
1 Bath
$1,484
Est. Monthly
10.73%
Cap Rate

About This Property

Starting out or sizing down? Great Location! Close to shopping/ restaurants. 3 BR ranch in BP school district. Many new upgrades, fresh paint, molding. Hardwood floors  throughout w/ tile in BA. One BA, 2 car  attached  garage, 3 season room, nice spacious backyard with a large composite deck for entertaining! Come take a look..it won't last long!
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1951

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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 #202421853)

Price History

Date / Event Date Event Price
Aug 30, 2024 Sold
Premium
Sold
Jul 24, 2024 In contract -
In contract
Jul 22, 2024 Listed by Inglenook Realty Inc $239,900
Listed by Inglenook Realty Inc
Jan 25, 2012 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • 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: 5
  • 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: 1
  • Garage Square Area: 1,050
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,560
  • Total Building Area: 1,404
  • Building Area: 1,404
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,404
  • 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: S SD MCQUEEN RD OLD PARCEL =03-01- 324.00

Neighborhood

  • School District Name: Broadalbin-Perth Central School District
  • School Tax School District: BROADALBIN-PERT
  • Census Tract: 971400

Zoning

  • Zoning: 01 - NOT Z

Geography

  • District: 173600
  • Section: 178.00
  • Parcel: 173600 178.-1-15
  • Block: 1
  • Lot: 15.000
  • Municipality: PERTH
  • Latitude: 42.9941
  • Longitude: -74.2132

    Address

  • Full Address: 340 Mckay Rd
  • Address - House Number: 340
  • Address - Street Name: Mckay
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Amsterdam
  • Carrier Code: R006
  • 4-Digit Zip Code: 6326
  • Zip Code: 12010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $321,900
  • Tax Rate Code Area: 172201

    Appraisal Valuation

  • Standard Deviation: 0.1266
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 74
  • Final Value: 188,892
  • High Value: 212,814
  • Low Value: 164,969

    Market Valuation

  • Market Total Value: $178,108
  • Market Land Value: $38,378
  • Market Improvement Value: $139,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,900
  • Assessed Land Value: $14,200
  • Assessed Improvements Value: $51,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 25, 2012
  • Current Sale Recording Date: Jan 25, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
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 Fulton

Stats & Trends

Median Asking:

$207,000

Sale Price/ft²

$129

Below Asking

0.03%

Average Days on Market

75

Average Home Size

1914 ft²

Average Home Age

88.8 years

Currently For Sale

175 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

Rentals Near You

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

Listed by: Amber Hill
Inglenook Realty Inc
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202421853
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 340 McKay Road built and last sold?
The property at 340 McKay Road was built in 1951 and last sold on Jan 25, 2012 for $106,400.
How much is this home worth?
The estimated value of the home located at 340 McKay Road is $0.
What are some comparable homes to 340 McKay Road?
There are currently no comparable homes to 340 McKay Road.
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