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Albany 12211
45 HILLS Road
$915,000
● House - Off Market

45 HILLS Road

Albany, NY 12211
bedrooms
8 Beds
bathrooms
7 Baths
$2,741,667
RealtyHop Estimate
213.33%
Since Nov 1, 1999
National-US
Primary Model

About This Property

GLORIOUS ENGLISH COUNTRY ESTATE ON 5 PRIVATE GATED ACRES HIGH CEILINGS/LG GRACIOUS ROOMS/EXTENDED TERRACES AND VISTAS/PROFESSIONALLY LANDSCAPED/LG OUTBUILDINGS AND GARAGES/HAS THREE TENNIS COURTS -- Excellent Condition
Unit Size
-
Days on Market
-
Land Size
9.00 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1928

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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 #9838488)

Price History

Date / Event Date Event Price
Aug 27, 2013 Sold
Premium
Sold
May 8, 2013 Listed by Howard Hanna $1,595,000
Listed by Howard Hanna
Oct 20, 1999 Sold
Premium
Sold
Dec 17, 1998 Listed by Howard Hanna $875,000
Listed by Howard Hanna

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Bedroom Count: 6
  • Bathroom Count: 7
  • Full Bathrooms: 6
  • Partial Bathrooms: 7
  • Building Condition: 3
  • Building Quality: 1
  • 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: 10
  • Garage Square Area: 2,964
  • Parking Space Count: 12
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 418,176
  • Total Building Area: 6,084
  • Building Area: 6,084
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 6,084
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000009600
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-88 E-HILLS RD C-44-02

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013707

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 03100300090130000000
  • District: 012689
  • Section: 31.03
  • Parcel: 012689 31.3-9-13
  • Block: 9
  • Lot: 13.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7239
  • Longitude: -73.7655

    Address

  • Full Address: 45 Hills Rd
  • Address - House Number: 45
  • Address - Street Name: Hills
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Albany
  • Carrier Code: C010
  • 4-Digit Zip Code: 1320
  • Zip Code: 12211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,577,574
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 699,295
  • High Value: 1,019,016
  • Low Value: 379,573

    Market Valuation

  • Market Total Value: $1,831,400
  • Market Land Value: $457,850
  • Market Improvement Value: $1,373,550

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $934,000
  • Assessed Land Value: $233,500
  • Assessed Improvements Value: $700,500

    Sales

  • Current Sale Contract Date: Aug 20, 2013
  • Current Sale Recording Date: Aug 27, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11464960
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

2238 ft²

Average Home Age

91.5 years

Currently For Sale

570 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

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

Listed by: E. Janet D'Agostino
Howard Hanna
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 9838488
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 45 Hills Road built and last sold?
The property at 45 Hills Road was built in 1928 and last sold on Aug 20, 2013 for $1,550,000.
How much is this home worth?
The estimated value of the home located at 45 Hills Road is $0.
What are some comparable homes to 45 Hills Road?
There are currently no comparable homes to 45 Hills Road.
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