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Albany 12203 Campus Area
47 Beacon Avenue
$279,900
● House - Off Market

47 Beacon Avenue

Albany, NY 12203
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
$282,070
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Beautiful two story 5 Bedroom, 1.5 Bath home in desirable Albany neighborhood. Convenient location to schools, university's and parks. Easy to see. Open House cancelled -property in contract.   Sold as Is.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$610
HOA Dues
-
Year Built
1945

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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 #202314962)

Price History

Date / Event Date Event Price
Jun 13, 2023 Sold
Premium
Sold
Apr 16, 2023 Listed by Community Partners Realty Group, LLC $279,900
Listed by Community Partners Realty Group, LLC

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Bedroom Count: 4
  • 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: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 180
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,279
  • Building Area: 1,279
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,279
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Albany City School District
  • School Tax School District: ALBANY
  • Census Tract: 001802

Zoning

  • Zoning: R1B

Geography

  • Account Number: 06403900020050000000
  • District: 010100
  • Section: 64.39
  • Parcel: 010100 64.39-2-5
  • Block: 2
  • Lot: 5.000
  • Municipality: ALBANY
  • Latitude: 42.6713
  • Longitude: -73.8159

    Address

  • Full Address: 47 Beacon Ave
  • Address - House Number: 47
  • Address - Street Name: Beacon
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Albany
  • Carrier Code: C019
  • 4-Digit Zip Code: 2705
  • Zip Code: 12203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $671,889
  • Tax Rate Code Area: 010100

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 294,791
  • High Value: 360,017
  • Low Value: 229,564

    Market Valuation

  • Market Total Value: $262,601
  • Market Land Value: $52,238
  • Market Improvement Value: $210,363

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $186,000
  • Assessed Land Value: $37,000
  • Assessed Improvements Value: $149,000

    Sales

  • Current Sale Contract Date: May 31, 2023
  • Current Sale Recording Date: Jun 13, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 10438
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 Campus Area

Stats & Trends

Median Asking:

$339,000

Sale Price/ft²

$214

Below Asking

0.01%

Average Days on Market

60

Average Home Size

1765 ft²

Average Home Age

58.8 years

Currently For Sale

18 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: Jacob Peterson
Community Partners Realty Group, LLC
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202314962
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 47 Beacon Avenue built and last sold?
The property at 47 Beacon Avenue was built in 1945 and last sold on May 31, 2023 for $280,000.
How much is this home worth?
The estimated value of the home located at 47 Beacon Avenue is $282,699.
What are some comparable homes to 47 Beacon Avenue?
There are currently no comparable homes to 47 Beacon Avenue.
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