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Albany 12205
47 LOCKROW Boulevard
$172,000
● House - Off Market

47 LOCKROW Boulevard

Colonie, NY 12205
bedrooms
2 Beds
bathrooms
1 Bath
$194,572
RealtyHop Estimate
21.61%
Since May 1, 2021
National-US
Primary Model

About This Property

Move right in to this cozy, well maintained, South Colonie, single story Cape Cod style home with welcoming front porch & detached single car garage.  Tucked into a neighborhood between Central & Fuller Rd you can be on the highway or downtown Albany in just a few minutes. Come see the gleaming hardwood floors & unfinished basement that is full of possibilities.  Schedule your private showing today! Excellent Condition
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$268
HOA Dues
-
Year Built
1944

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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 #202112911)

Price History

Date / Event Date Event Price
Apr 20, 2021 Sold
Premium
Sold
Mar 1, 2021 Listed by Berkshire Hathaway HomeServices Blake, REALTORS $160,000
Listed by Berkshire Hathaway HomeServices Blake, REALTORS

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1944
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • 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: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 768
  • Building Area: 768
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 768
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-45 E-1264 S-85-07

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 014001

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 05300500030400000000
  • District: 012689
  • Section: 53.05
  • Parcel: 012689 53.5-3-40
  • Block: 3
  • Lot: 40.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.6965
  • Longitude: -73.8161

    Address

  • Full Address: 47 Lockrow Blvd
  • Address - House Number: 47
  • Address - Street Name: Lockrow
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: Albany
  • Carrier Code: C022
  • 4-Digit Zip Code: 5243
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $330,602
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2728
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 60
  • Final Value: 208,694
  • High Value: 265,646
  • Low Value: 151,741

    Market Valuation

  • Market Total Value: $143,100
  • Market Land Value: $28,620
  • Market Improvement Value: $114,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $73,000
  • Assessed Land Value: $14,600
  • Assessed Improvements Value: $58,400
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

$209

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2233 ft²

Average Home Age

91.7 years

Currently For Sale

579 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 79b Wertman Lane, Albany, NY, 12211

$1,400 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
79b Wertman Lane, Albany, NY, 12211 Listing by Hassan Khan

Rentals Near You

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

Listed by: Maria C Connally
Berkshire Hathaway HomeServices Blake, REALTORS
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202112911
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 Lockrow Boulevard built and last sold?
The property at 47 Lockrow Boulevard was built in 1944 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 47 Lockrow Boulevard is $161,600.
What are some comparable homes to 47 Lockrow Boulevard?
There are currently no comparable homes to 47 Lockrow Boulevard.
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