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Glens Falls 12801
5 CHERRY Street
$60,000
● House - Off Market

5 CHERRY Street

Glens Falls, NY 12801
bedrooms
3 Beds
bathrooms
1 Bath
$117,148
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

PC#34118 Spacious rooms and nice layout.  A little work could make this a nice family home. Fair Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$222
HOA Dues
-
Year Built
1920

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 #201830435)

Price History

Date / Event Date Event Price
Dec 21, 2018 Sold
Premium
Sold
Nov 19, 2018 Sold
Premium
Sold
Sep 30, 2018 Listed by Howard Hanna $77,000
Listed by Howard Hanna

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • 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: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,864
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 520
  • Total Building Area: 1,346
  • Building Area: 1,346
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,346
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000135
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: RES.&GAR 50X116 52.-3-23

Neighborhood

  • School District Name: Glens Falls Common School District
  • School Tax School District: GLENS FALLS COM
  • Census Tract: 070500

Zoning

  • Zoning: GC1

Geography

  • District: 520500
  • Section: 303.17
  • Parcel: 520500 303.17-11-25
  • Block: 11
  • Lot: 25.000
  • Municipality: GLENS FALLS
  • Latitude: 43.3121
  • Longitude: -73.6399

    Address

  • Full Address: 5 Cherry St
  • Address - House Number: 5
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: NY
  • City Name: Glens Falls
  • Carrier Code: C013
  • 4-Digit Zip Code: 3701
  • Zip Code: 12801

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $347,153
  • Tax Rate Code Area: 523418

    Appraisal Valuation

  • Standard Deviation: 0.1757
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 64
  • Final Value: 80,251
  • High Value: 94,356
  • Low Value: 66,145

    Market Valuation

  • Market Total Value: $145,851
  • Market Land Value: $31,170
  • Market Improvement Value: $114,681

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,100
  • Assessed Land Value: $29,300
  • Assessed Improvements Value: $107,800

    Sales

  • Current Sale Contract Date: Nov 14, 2018
  • Current Sale Recording Date: Nov 19, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 2018-7578
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 Glens Falls

Stats & Trends

Median Asking:

$269,900

Sale Price/ft²

$166

Below Asking

0.01%

Average Days on Market

63

Average Home Size

2110 ft²

Average Home Age

100.6 years

Currently For Sale

33 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 16 Marion Avenue, Glens Falls, NY, 12801

$1,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,175 ft²
16 Marion Avenue #1, Glens Falls, NY, 12801 Listing by Angelisha Davis

Rentals Near You

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

Listed by: Sandra Poulos
Howard Hanna
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201830435
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 Cherry Street built and last sold?
The property at 5 Cherry Street was built in 1920 and last sold on Nov 14, 2018 for $60,000.
How much is this home worth?
The estimated value of the home located at 5 Cherry Street is $0.
What are some comparable homes to 5 Cherry Street?
There are currently no comparable homes to 5 Cherry Street.
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