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Albany
4237 RIVER Road
Photo of 4237 RIVER Road
Sold on Nov 8, 2018

1

Map

$150,000
● Land - Off Market

4237 RIVER Road

Colonie, NY 12110
bedrooms
Studio
bathrooms
0 Bath
$265,595
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Build your dream home and watch the sunsets on this nearly one acre parcel overlooking the Mohawk River. It doesn't get any better than this! Located in the N. Colonie School district.
Unit Size
-
Days on Market
987 days
Land Size
0.93 acres
Price per sqft
-
Property Type
Land
Property Taxes
$106
HOA Dues
-
Year Built
2018

Payment Calculator

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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: 10 days ago (Global MLS #201603136)

Price History

Date / Event Date Event Price
Nov 8, 2018 Sold
Premium
Sold
Feb 24, 2016 Listed by Four Seasons Sothebys International Realty $175,000
Listed by Four Seasons Sothebys International Realty
Jan 31, 2001 Sold
Premium
Sold

Property Highlights

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • 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: 1
  • Garage Square Area: 558
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 41,382
  • Total Building Area: 2,960
  • Building Area: 2,960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000950
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT N-MUSEUM E-FTS FRY RD C-38-12

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013512

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 00800200020020020000
  • District: 012689
  • Section: 8.02
  • Parcel: 012689 8.2-2-2.2
  • Block: 2
  • Lot: 2.002
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7804
  • Longitude: -73.7899

    Address

  • Full Address: 4237 River Rd
  • Address - House Number: 4237
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Latham
  • Carrier Code: C010
  • 4-Digit Zip Code: 1214
  • Zip Code: 12110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,057,832
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.1966
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 644,642
  • High Value: 771,440
  • Low Value: 517,843

    Market Valuation

  • Market Total Value: $545,300
  • Market Land Value: $136,276
  • Market Improvement Value: $409,024

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $278,100
  • Assessed Land Value: $69,500
  • Assessed Improvements Value: $208,600

    Sales

  • Current Sale Contract Date: Jan 26, 2001
  • Current Sale Recording Date: Jan 31, 2001
  • 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 Albany

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$210

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2236 ft²

Average Home Age

91.4 years

Currently For Sale

574 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: Mary Lourdes Pinckney
Four Seasons Sothebys International Realty
Last Updated: 10 days ago
Data Source: Global MLS , MLS# 201603136
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 4237 River Road built and last sold?
The property at 4237 River Road was built in 2018 and last sold on Jan 26, 2001 for $60,000.
How much is this home worth?
The estimated value of the home located at 4237 River Road is $0.
What are some comparable homes to 4237 River Road?
There are currently no comparable homes to 4237 River Road.
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