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Troy 12182
362 2nd Avenue
$167,000
● House - Off Market

362 2nd Avenue

Troy, NY 12182
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
$988
Est. Monthly
32.25%
Cap Rate

About This Property

Check out the perfect blend of comfort and convenience in this charming five-bedroom, one-and-a-half bath home with over 1,900 sq ft. Boasting hardwood floors throughout, spacious formal dining room, eat-in-kitchen with new stainless steel appliances. Enjoy the inviting atmosphere for gatherings in the roomy living room. Two staircases, front porch and rear porch add to the functionally of this home. Security Camera/System remains with the house. Washer/Dryer included. Furnace (2 yrs old)  and Hot Water Heater (1 yr old).  Enjoy the fenced-in private yard and other conveniences, walkable to stores, eateries, bus line and more.
Unit Size
-
Days on Market
-
Land Size
0.07 acres
Price per sqft
-
Property Type
House
Property Taxes
$203
HOA Dues
-
Year Built
1910

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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 #202329593)

Price History

Date / Event Date Event Price
Mar 28, 2024 Sold
Premium
Sold
Jan 24, 2024 In contract -
In contract
Dec 30, 2023 Price Decreased $159,900
↓ $8K (4.8%)
Price Decreased
Dec 14, 2023 Listed by Red Dog Realty $167,900
Listed by Red Dog Realty
Dec 11, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 19
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,049
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 250
  • Total Building Area: 1,936
  • Building Area: 1,936
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,936
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000070
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 2 STY FR HSE 253-5/N1/2 20

Neighborhood

  • School District Name: Lansingburgh Central School District
  • School Tax School District: LANSINGBURGH
  • Census Tract: 040200

Zoning

  • Zoning: B2

Geography

  • Account Number: 1601570
  • District: 381700
  • Section: 80.79
  • Parcel: 381700 80.79-4-10
  • Block: 4
  • Lot: 10.000
  • Municipality: TROY
  • Latitude: 42.7667
  • Longitude: -73.6806

    Address

  • Full Address: 362 2nd Ave
  • Address - House Number: 362
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Troy
  • Carrier Code: C037
  • 4-Digit Zip Code: 3112
  • Zip Code: 12182

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $182,546
  • Tax Rate Code Area: 381701

    Appraisal Valuation

  • Standard Deviation: 0.1556
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 88
  • Final Value: 155,155
  • High Value: 172,797
  • Low Value: 137,512

    Market Valuation

  • Market Total Value: $120,000
  • Market Land Value: $12,571
  • Market Improvement Value: $107,429

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,000
  • Assessed Land Value: $8,800
  • Assessed Improvements Value: $75,200

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2000
  • Current Sale Recording Date: Jul 03, 2000
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 Troy

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$134

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2566 ft²

Average Home Age

115.9 years

Currently For Sale

103 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 12 White Street, Cohoes, NY, 12047

$2,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,790 ft²
12 White Street #3132, Cohoes, NY, 12047 Listing by Todd A Drake

Rentals Near You

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

Listed by: Nicole Wilkie
Red Dog Realty
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202329593
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 362 2nd Avenue built and last sold?
The property at 362 2nd Avenue was built in 1910 and last sold on May 12, 2000 for $54,998.
How much is this home worth?
The estimated value of the home located at 362 2nd Avenue is $161,499.
What are some comparable homes to 362 2nd Avenue?
There are currently no comparable homes to 362 2nd Avenue.
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