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Rensselaer 12153
49 Locksmith Way
Photo of 49 Locksmith Way
Sold on Aug 14, 2019

1

Map

$83,000
● House - Off Market

49 Locksmith Way

Sand Lake, NY 12153
bedrooms
4 Beds
bathrooms
1 Bath
square feet
2,175 Ft²
$123,899
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

One of two houses located on private rd ROW. Needs extensive rehab. Great FHA 203K rehab potential.Lg home w/great potential. Handicap ramp in front. Very private.Access by 4 wheel drive only. Poor Condition
Unit Size
2,175 Ft²
Days on Market
257 days
Land Size
2.00 acres
Price per sqft
$39
Property Type
House
Property Taxes
$635
HOA Dues
-
Year Built
1986

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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: 9 days ago (Global MLS #201834003)

Price History

Date / Event Date Event Price
Mar 3, 2021 Sold
Premium
Sold
Aug 24, 2020 Listed by Empire Real Estate Management LLC $299,900
Listed by Empire Real Estate Management LLC
Aug 13, 2019 Sold
Premium
Sold
Nov 28, 2018 Listed by Empire Real Estate Management LLC $84,500
Listed by Empire Real Estate Management LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 2,175
  • Building Area: 2,175
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,175
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002000
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 1986 MOMROW SURVEY

Neighborhood

  • School District Name: Averill Park Central School District
  • School Tax School District: AVERILL PARK
  • Census Tract: 052203

Geography

  • District: 384000
  • Section: 148.00
  • Parcel: 384000 148.-2-13.3
  • Block: 2
  • Lot: 13.003
  • Municipality: SAND LAKE
  • Latitude: 42.6486
  • Longitude: -73.5181

    Address

  • Full Address: 49 Locksmith Way
  • Address - House Number: 49
  • Address - Street Name: Locksmith
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Sand Lake
  • Zip Code: 12153

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $871,606
  • Tax Rate Code Area: 384001

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 387,914
  • High Value: 474,562
  • Low Value: 301,266

    Market Valuation

  • Market Total Value: $380,177
  • Market Land Value: $61,100
  • Market Improvement Value: $319,077

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $280,000
  • Assessed Land Value: $45,000
  • Assessed Improvements Value: $235,000

    Sales

  • Current Sale Contract Date: Feb 16, 2021
  • Current Sale Recording Date: Mar 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 52
  • Current Sale Input Document Number: 2021-584344
  • Previous Sale Recording Date: Aug 13, 2019
  • Previous Sale Contract Date: Jul 23, 2019
  • Previous Sale Amount: $83,000
  • 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

Rentals Near You

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Global MLS

Listed by: Todd A Drake
Empire Real Estate Management LLC
Last Updated: 9 days ago
Data Source: Global MLS , MLS# 201834003
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 49 Locksmith Way built and last sold?
The property at 49 Locksmith Way was built in 1986 and last sold on Feb 16, 2021 for $311,000.
How much is this home worth?
The estimated value of the home located at 49 Locksmith Way is $0.
What are some comparable homes to 49 Locksmith Way?
There are currently no comparable homes to 49 Locksmith Way.
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