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Albany
3867 State Route 85
$50,000
● Land - Off Market

3867 State Route 85

Westerlo, NY 12193
bedrooms
Studio
bathrooms
0 Bath
$262
Est. Monthly
45.57%
Cap Rate

About This Property

Fantastic opportunity to build your dream home on this approved 2-acre lot! Currently, there's a well-maintained manufactured home on the property, providing a comfortable living space while you plan your new construction. Benefit from the existing well and septic system already in place, as well as the electricity already run to the site. Don't miss out on this prime location to create your perfect haven!
Unit Size
-
Days on Market
-
Land Size
2.00 acres
Price per sqft
-
Property Type
Land
Property Taxes
$16
HOA Dues
-
Year Built
-

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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 #202424419)

Price History

Date / Event Date Event Price
Oct 7, 2024 Sold
Premium
Sold
Aug 26, 2024 Listed by Clancy Real Estate $50,000
Listed by Clancy Real Estate

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Lot Size Frontage Feet: 1,871
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000002000
  • Standard Land Use Code: 8001
  • County Land Use Code: 314

Neighborhood

  • School District Name: Berne-Knox-Westerlo Central School District
  • School Tax School District: BERNE-KNOX
  • Census Tract: 014803

Zoning

  • Zoning: RDA

Geography

  • Account Number: 12700000020270300000
  • District: 013800
  • Section: 127.00
  • Parcel: 013800 127.-2-27.30
  • Block: 2
  • Lot: 27.030
  • Municipality: WESTERLO
  • Latitude: 42.5408
  • Longitude: -74.0616

    Address

  • Full Address: 3867 State Route 85
  • Address - House Number: 3867
  • Address - Street Name: State Route 85
  • State: NY
  • City Name: Westerlo
  • Carrier Code: R002
  • 4-Digit Zip Code: 2117
  • Zip Code: 12193

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $28,167
  • Tax Rate Code Area: 012001

    Market Valuation

  • Market Total Value: $15,600
  • Market Land Value: $15,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $100
  • Assessed Land Value: $100
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

2268 ft²

Average Home Age

91.1 years

Currently For Sale

536 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

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Global MLS

Listed by: Garret P Hebert
Clancy Real Estate
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202424419
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 3867 State Route 85 built and last sold?
The property at 3867 State Route 85 was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3867 State Route 85 is $0.
What are some comparable homes to 3867 State Route 85?
There are currently no comparable homes to 3867 State Route 85.
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