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Albany 12208 Normanskill
36 MEADOW Lane
$254,900
● House - Off Market

36 MEADOW Lane

Albany, NY 12208
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$431,246
RealtyHop Estimate
69.18%
Since Nov 1, 2006
National-US
Primary Model

About This Property

This stately colonial has been impeccably maintained and is located in one of Albany's most desirable and convenient neighborhoods. Featuring a new roof; new flooring; gleaming hardwood floors; a bright interior with a pleasant flow; and a fenced park-like backyard including a  deck overlooking a 24' above ground pool.  This inviting home must be seen. Owners are NYS licensed agents. Excellent Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$463
HOA Dues
-
Year Built
1986

Payment Calculator

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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 #26116688)

Price History

Date / Event Date Event Price
Jul 19, 2023 Sold
Premium
Sold
May 30, 2023 In contract -
In contract
May 26, 2023 Price Decreased $337,500
↓ $12K (3.3%)
Price Decreased
May 13, 2023 Listed by Weichert Realtors Northeast Gp $349,000
Listed by Weichert Realtors Northeast Gp
Dec 14, 2012 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,625
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,656
  • Building Area: 1,656
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,656
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NORMANS KILL MEADOWS
  • Land Acres: 0000000244
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 1 WOOD & 2 CAR GAR 1612129

Neighborhood

  • School District Name: Albany City School District
  • School Tax School District: ALBANY
  • Census Tract: 001804

Zoning

  • Zoning: R1B

Geography

  • Account Number: 07401600020580000000
  • District: 010100
  • Section: 74.16
  • Parcel: 010100 74.16-2-58
  • Block: 2
  • Lot: 58.000
  • Municipality: ALBANY
  • Latitude: 42.6418
  • Longitude: -73.8359

    Address

  • Full Address: 36 Meadow Ln
  • Address - House Number: 36
  • Address - Street Name: Meadow
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Albany
  • Carrier Code: C022
  • 4-Digit Zip Code: 1011
  • Zip Code: 12208

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $900,907
  • Tax Rate Code Area: 010100

    Appraisal Valuation

  • Standard Deviation: 0.2357
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 337,264
  • High Value: 416,763
  • Low Value: 257,765

    Market Valuation

  • Market Total Value: $345,899
  • Market Land Value: $69,180
  • Market Improvement Value: $276,719

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,000
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $196,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2023
  • Current Sale Recording Date: Jul 19, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12817
  • Previous Sale Recording Date: Oct 26, 2006
  • Previous Sale Contract Date: Oct 23, 2006
  • Previous Sale Amount: $255,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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 Normanskill

Stats & Trends

Median Asking:

$364,450

Sale Price/ft²

$224

Above Asking

0.00%

Average Days on Market

61

Average Home Size

1667 ft²

Average Home Age

61 years

Currently For Sale

2 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 3 Minnowbrook Avenue, Delmar, NY, 12054

$1,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,050 ft²
3 Minnowbrook Avenue #APTA, Delmar, NY, 12054 Listing by Melissa Hems

Rentals Near You

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

Listed by: Brian Spindler
Weichert Realtors Northeast Gp
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 26116688
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 36 Meadow Lane built and last sold?
The property at 36 Meadow Lane was built in 1986 and last sold on Jul 7, 2023 for $335,000.
How much is this home worth?
The estimated value of the home located at 36 Meadow Lane is $0.
What are some comparable homes to 36 Meadow Lane?
There are currently no comparable homes to 36 Meadow Lane.
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