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Albany 12211
5 ANDOVER Road
$313,900
● House - Off Market

5 ANDOVER Road

Colonie, NY 12211
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$614,605
RealtyHop Estimate
95.80%
Since Dec 1, 2004
National-US
Primary Model

About This Property

Last Phase Open in East Hills! To Be Built Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$708
HOA Dues
$150
Year Built
2004

Payment Calculator

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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 #24104383)

Price History

Date / Event Date Event Price
Jan 7, 2005 Sold
Premium
Sold
Nov 19, 2004 Sold
Premium
Sold
Apr 1, 2004 Listed by Richard G Rosetti Real Estate $313,900
Listed by Richard G Rosetti Real Estate

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 2,624
  • Building Area: 2,624
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,624
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: SCHUYLER LANDING PHASE 3 2 EAST HILLS BLVD OR 5 ANDOVER DR

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013604

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 03200300040940000000
  • District: 012689
  • Section: 32.03
  • Parcel: 012689 32.3-4-94
  • Block: 4
  • Lot: 94.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7229
  • Longitude: -73.7291

    Address

  • Full Address: 5 Andover Dr
  • Address - House Number: 5
  • Address - Street Name: Andover
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Albany
  • Carrier Code: C013
  • 4-Digit Zip Code: 2636
  • Zip Code: 12211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,233,021
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 637,930
  • High Value: 793,146
  • Low Value: 482,714

    Market Valuation

  • Market Total Value: $588,200
  • Market Land Value: $153,520
  • Market Improvement Value: $434,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $300,000
  • Assessed Land Value: $78,300
  • Assessed Improvements Value: $221,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 19, 2004
  • Current Sale Recording Date: Jan 07, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 09397948
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:

$329,900

Sale Price/ft²

$210

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2246 ft²

Average Home Age

94.5 years

Currently For Sale

701 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

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

Listed by: Brian Marchand
Richard G Rosetti Real Estate
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 24104383
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 5 Andover Drive built and last sold?
The property at 5 Andover Drive was built in 2004 and last sold on Nov 19, 2004 for $314,000.
How much is this home worth?
The estimated value of the home located at 5 Andover Drive is $317,039.
What are some comparable homes to 5 Andover Drive?
There are currently no comparable homes to 5 Andover Drive.
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