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Troy 12180
4 ALDER Avenue
$239,900
● House - Off Market

4 ALDER Avenue

Troy, NY 12180
bedrooms
3 Beds
bathrooms
2 Baths
$339,049
RealtyHop Estimate
41.33%
Since Jun 1, 2020
National-US
Primary Model

About This Property

Beautifully Renovated three-bedroom two bath home in the heart of Troy's east side. Gleaming hardwood throughout. Modern eat in Kitchen with new appliances. Second floor laundry Over sized sunny windows high ceilings. Large front porch easy for entertaining. Excellent Condition
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$768
HOA Dues
-
Year Built
1890

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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 #202013241)

Price History

Date / Event Date Event Price
May 21, 2020 Sold
Premium
Sold
Feb 20, 2020 Listed by Get Listed Realty $239,900
Listed by Get Listed Realty
Jul 5, 2019 Sold
Premium
Sold

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1890
  • Effective Year Built: 1890
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 250
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,186
  • Building Area: 2,186
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,186
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 2 STY FR HSE & FR GAR 490-41/4

Neighborhood

  • School District Name: Troy City School District
  • School Tax School District: TROY
  • Census Tract: 041200

Zoning

  • Zoning: R2

Geography

  • Account Number: 0500110
  • District: 381700
  • Section: 112.49
  • Parcel: 381700 112.49-1-8
  • Block: 1
  • Lot: 8.000
  • Municipality: TROY
  • Latitude: 42.7119
  • Longitude: -73.6693

    Address

  • Full Address: 4 Alder Ave
  • Address - House Number: 4
  • Address - Street Name: Alder
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Troy
  • Carrier Code: C005
  • 4-Digit Zip Code: 5122
  • Zip Code: 12180

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $717,272
  • Tax Rate Code Area: 381700

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 318,427
  • High Value: 367,921
  • Low Value: 268,932

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $24,286
  • Market Improvement Value: $275,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,000
  • Assessed Land Value: $17,000
  • Assessed Improvements Value: $193,000

    Sales

  • Current Sale Contract Date: May 14, 2020
  • Current Sale Recording Date: May 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-568528
  • Previous Sale Recording Date: Jul 05, 2019
  • Previous Sale Contract Date: May 30, 2019
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: 33
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:

$249,000

Sale Price/ft²

$134

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2599 ft²

Average Home Age

116.9 years

Currently For Sale

105 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 122 Pinewoods Avenue, Rensselaer, NY, 12180

$1,900 /mo

  • 6 Beds
  • 1 Bath
  • 1,224 ft²
122 Pinewoods Avenue #2, Rensselaer, NY, 12180 Listing by Dylan Rafferty
Unit for rent at 155 River St, Troy, NY, 12180

$2,100 /mo

  • 5 Beds
  • 1 Bath
  • 1,002 ft²
155 River St #C2, Troy, NY, 12180 Listing by Emily Benazzi

Rentals Near You

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

Listed by: Kris Lippi
Get Listed Realty
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202013241
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 4 Alder Avenue built and last sold?
The property at 4 Alder Avenue was built in 1890 and last sold on May 14, 2020 for $239,900.
How much is this home worth?
The estimated value of the home located at 4 Alder Avenue is $0.
What are some comparable homes to 4 Alder Avenue?
There are currently no comparable homes to 4 Alder Avenue.
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