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Rensselaer 12198
48 Indian Pipe Drive
Photo of 48 Indian Pipe Drive
Sold on Apr 15, 2022

1

Map

$640,000
● House - Off Market

48 Indian Pipe Drive

North Greenbush, NY 12198
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,082 Ft²
$674,113
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Meticulously maintained Colonial nestled in the desirable Pond Hill Estates. The manicured landscaping welcomes you right into this 4bed 2.5bath home. First floor features a formal dining room off the large eat in kitchen, family room with 2 story ceilings and fireplace, formal executive office, spacious living room, oversized mudroom w/ laundry and a half bath! Full basement. Coveted Pond Hill neighborhood conveniently located within minutes to Albany, major highways, train station, hospitals & 25 minutes from Albany International Airport. Public water, sewer and natural gas hookup at the road! East Greenbush schools. Bell Top Elementary! Open House Sunday 11am-1pm.
Unit Size
3,082 Ft²
Days on Market
52 days
Land Size
1.85 acres
Price per sqft
$216
Property Type
House
Property Taxes
$1,261
HOA Dues
-
Year Built
1999

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Cap Rate Calculator

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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 #202212402)

Price History

Date / Event Date Event Price
May 17, 2022 Sold
Premium
Sold
Apr 15, 2022 Sold
Premium
Sold
Feb 22, 2022 Listed by Vera Cohen Realty LLC $665,000
Listed by Vera Cohen Realty LLC
Sep 7, 2016 Sold
Premium
Sold
May 24, 2016 Listed by Vera Cohen Realty LLC $450,000
Listed by Vera Cohen Realty LLC
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1999
  • Effective Year Built: 1999
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • 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: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 80,586
  • Lot Size Frontage Feet: 2,002
  • Total Building Area: 3,082
  • Building Area: 3,082
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,082
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001850
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 1988-157 LOT 56

Neighborhood

  • School District Name: East Greenbush Central School District
  • School Tax School District: EAST GREENBUSH
  • Census Tract: 052306

Zoning

  • Zoning: AGRU

Geography

  • District: 383200
  • Section: 134.02
  • Parcel: 383200 134.2-1-56
  • Block: 1
  • Lot: 56.000
  • Municipality: NORTH GREENBUSH
  • Latitude: 42.6717
  • Longitude: -73.6585

    Address

  • Full Address: 48 Indian Pipe Dr
  • Address - House Number: 48
  • Address - Street Name: Indian Pipe
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Wynantskill
  • Carrier Code: R004
  • 4-Digit Zip Code: 7820
  • Zip Code: 12198

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,447,083
  • Tax Rate Code Area: 382401

    Appraisal Valuation

  • Standard Deviation: 0.2449
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 669,239
  • High Value: 833,167
  • Low Value: 505,311

    Market Valuation

  • Market Total Value: $561,039
  • Market Land Value: $29,740
  • Market Improvement Value: $531,299

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $108,000
  • Assessed Land Value: $5,725
  • Assessed Improvements Value: $102,275

    Sales

  • Current Sale Contract Date: Apr 15, 2022
  • Current Sale Recording Date: May 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-611053
  • Previous Sale Recording Date: Sep 07, 2016
  • Previous Sale Contract Date: Sep 01, 2016
  • Previous Sale Amount: $460,000
  • Previous 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 Rensselaer

Stats & Trends

Median Asking:

$308,250

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2205 ft²

Average Home Age

95.7 years

Currently For Sale

337 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

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Global MLS

Listed by: Vera V Cohen
Vera Cohen Realty LLC
Last Updated: 10 days ago
Data Source: Global MLS , MLS# 202212402
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 48 Indian Pipe Drive built and last sold?
The property at 48 Indian Pipe Drive was built in 1999 and last sold on Apr 15, 2022 for $640,000.
How much is this home worth?
The estimated value of the home located at 48 Indian Pipe Drive is $0.
What are some comparable homes to 48 Indian Pipe Drive?
There are currently no comparable homes to 48 Indian Pipe Drive.
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