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Saratoga 12065
48 PINE TREE Place
$215,000
● House - Off Market

48 PINE TREE Place

Clifton Park, NY 12065
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,284 Ft²
$231,038
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Multiple Offers. Deadline Monday 6/28 @ 12PM. HANDYMAN SPECIAL. Investors take note, this house has flip potential! Great location in the heart of Clifton Park. Raised Ranch floorplan with 3 beds, 1.5 baths and extra space to make completely your own. Hardwood under the carpet upstairs. Ample sized bedrooms. Large deck, fenced-in yard and two car garage. Private backyard, shielded from your neighbors. Just off Exit 8A, convenient to Halfmoon, Exit 9 amenities, Clifton Park, Saratoga or Albany. House has a very serious mold problem that the buyer will need to address. Assessment report and quote available upon request. Mold is from bathroom fan not venting outside when roof was replaced 10 yrs ago. Price takes remediation cost into account. Sold as-is. Easy to show. Fair Condition
Unit Size
2,284 Ft²
Days on Market
33 days
Land Size
0.49 acres
Price per sqft
$88
Property Type
House
Property Taxes
$446
HOA Dues
-
Year Built
1969

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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: 5 months ago (Global MLS #202122128)

Price History

Date / Event Date Event Price
Feb 3, 2022 Sold
Premium
Sold
Dec 29, 2021 Sold
Premium
Sold
Oct 11, 2021 Listed by Romeo Team Realty $379,900
Listed by Romeo Team Realty
Aug 4, 2021 Sold
Premium
Sold
Jun 25, 2021 Listed by Romeo Team Realty $199,900
Listed by Romeo Team Realty

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,002
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,344
  • Lot Size Depth Feet: 1,702
  • Lot Size Frontage Feet: 1,265
  • Total Building Area: 2,284
  • Building Area: 2,284
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,284
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000490
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Shenendehowa Central School District
  • School Tax School District: SHENENDEHOWA
  • Census Tract: 062503

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 5CJ02190
  • District: 412400
  • Section: 278.09
  • Parcel: 412400 278.9-1-20
  • Block: 1
  • Lot: 20.000
  • Municipality: CLIFTON PARK
  • Latitude: 42.8456
  • Longitude: -73.7786

    Address

  • Full Address: 48 Pine Tree Pl
  • Address - House Number: 48
  • Address - Street Name: Pine Tree
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Clifton Park
  • Carrier Code: R016
  • 4-Digit Zip Code: 5417
  • Zip Code: 12065

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $530,117
  • Tax Rate Code Area: 412402

    Appraisal Valuation

  • Standard Deviation: 0.1969
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 73
  • Final Value: 435,838
  • High Value: 521,685
  • Low Value: 349,990

    Market Valuation

  • Market Total Value: $320,513
  • Market Land Value: $87,436
  • Market Improvement Value: $233,077

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,000
  • Assessed Land Value: $34,100
  • Assessed Improvements Value: $90,900

    Sales

  • Current Sale Contract Date: Dec 29, 2021
  • Current Sale Recording Date: Feb 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4461
  • Previous Sale Recording Date: Aug 04, 2021
  • Previous Sale Contract Date: Jul 28, 2021
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: 71
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 Saratoga

Stats & Trends

Median Asking:

$472,450

Sale Price/ft²

$260

Below Asking

0.01%

Average Days on Market

61

Average Home Size

3461 ft²

Average Home Age

81.9 years

Currently For Sale

848 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: Victoria Romeo
Romeo Team Realty
Last Updated: 5 months ago
Data Source: Global MLS , MLS# 202122128
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 Pine Tree Place built and last sold?
The property at 48 Pine Tree Place was built in 1969 and last sold on Dec 29, 2021 for $370,000.
How much is this home worth?
The estimated value of the home located at 48 Pine Tree Place is $383,699.
What are some comparable homes to 48 Pine Tree Place?
There are currently no comparable homes to 48 Pine Tree Place.
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