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Albany 12211
346 Loudon Road
$674,000
● House - Off Market

346 Loudon Road

Colonie, NY 12211
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
4,768 Ft²
$1,024,912
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

An extremely rare opportunity to own one of Loudonville's finest homes!  This classic 5 BR, 4.5 BA Georgian Colonial is sure to please all with its wonderful features and amenities including newer stainless steel appliances (17), 3 Fireplaces, greenhouse, front and back staircase, spacious Living Room, Family Room w/ separate entrance creates the perfect solution for home office/studio. Unfinished attic. Walkable neighborhood. Taxes have been substantially  reduced! Welcome Home to this Loudonville Gem! Excellent Condition
Unit Size
4,768 Ft²
Days on Market
188 days
Land Size
0.81 acres
Price per sqft
$147
Property Type
House
Property Taxes
$1,391
HOA Dues
-
Year Built
1929

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #201913010)

Price History

Date / Event Date Event Price
Aug 29, 2019 Sold
Premium
Sold
Feb 22, 2019 Listed by Better Homes and Gardens Tech $699,000
Listed by Better Homes and Gardens Tech
Jul 19, 2005 Sold
Premium
Sold
Apr 8, 2005 Listed by Better Homes and Gardens Tech $997,000
Listed by Better Homes and Gardens Tech
Jul 23, 1999 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1929
  • Effective Year Built: 1929
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • 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: 506
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 35,284
  • Total Building Area: 4,768
  • Building Area: 4,768
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000810
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT N-ROSS CT E-LOUDON RD C-14-88

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013706

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 05400200040320000000
  • District: 012689
  • Section: 54.02
  • Parcel: 012689 54.2-4-32
  • Block: 4
  • Lot: 32.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.6915
  • Longitude: -73.7536

    Address

  • Full Address: 346 Loudon Rd
  • Address - House Number: 346
  • Address - Street Name: Loudon
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Albany
  • Carrier Code: C001
  • 4-Digit Zip Code: 1733
  • Zip Code: 12211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,723,523
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.2255
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 988,583
  • High Value: 1,211,528
  • Low Value: 765,637

    Market Valuation

  • Market Total Value: $882,400
  • Market Land Value: $294,133
  • Market Improvement Value: $588,267

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $450,000
  • Assessed Land Value: $150,000
  • Assessed Improvements Value: $300,000

    Sales

  • Current Sale Contract Date: Jul 14, 2005
  • Current Sale Recording Date: Jul 19, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Previous Sale Recording Date: Jan 17, 1996
  • Previous Sale Contract Date: Jan 16, 1996
  • Previous Sale Amount: $445,000
  • 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

2250 ft²

Average Home Age

91.3 years

Currently For Sale

550 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 7 Fenway Court, Loudonville, NY, 12211

$4,800 /mo

  • 5 Beds
  • 2 Baths
  • 2,800 ft²
7 Fenway Court, Loudonville, NY, 12211 Listing by David M Schrepper

Rentals Near You

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

Listed by: Steven Girvin
Better Homes and Gardens Tech
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 201913010
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 346 Loudon Road built and last sold?
The property at 346 Loudon Road was built in 1929 and last sold on Jul 14, 2005 for $910,000.
How much is this home worth?
The estimated value of the home located at 346 Loudon Road is $705,990.
What are some comparable homes to 346 Loudon Road?
There are currently no comparable homes to 346 Loudon Road.
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