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Albany
5 Elinor Place
$300,000
● House - Off Market

5 Elinor Place

Colonie, NY 12110
bedrooms
3 Beds
bathrooms
1 Bath
square feet
932 Ft²
$1,713
Est. Monthly
6.70%
Cap Rate

About This Property

Fall in love with this adorable, move-in ready ranch in the heart of the North Colonie School District-just a stone's throw from Forts Ferry Elementary! Offering effortless one-level living, this 3-bed, 1-bath charmer features beautiful hardwood floors throughout, vinyl replacement windows, & a freshly painted interior. Step outside to enjoy a brand-new composite back deck overlooking a fully fenced backyard-perfect for pets, play, or peaceful evenings. Tucked away in a quiet, friendly neighborhood close to parks, schools, shopping, & dining; this home is ideal for first-time buyers, downsizers, or anyone seeking low-maintenance comfort in a prime location. Bonus perk? Low Colonie taxes! Come take a look for yourself!
Unit Size
932 Ft²
Days on Market
48 days
Land Size
0.18 acres
Price per sqft
$300
Property Type
House
Property Taxes
$338
HOA Dues
-
Year Built
1954

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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: 2 years ago (Global MLS #202516907)

Price History

Date / Event Date Event Price
Jun 25, 2025 Sold
Premium
Sold
May 13, 2025 In contract -
In contract
May 8, 2025 Listed by Berkshire Hathaway Home Services Blake $279,900
Listed by Berkshire Hathaway Home Services Blake
Jul 15, 2014 Sold
Premium
Sold
Jan 22, 1999 Sold
Premium
Sold
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Total Building Area: 932
  • Building Area: 932
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 932
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP #1 SALEM HILLS
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 41 N-3 E-3 C-9-92

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013512

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 01900500010130000000
  • District: 012689
  • Section: 19.05
  • Parcel: 012689 19.5-1-13
  • Block: 1
  • Lot: 13.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7636
  • Longitude: -73.7794

    Address

  • Full Address: 5 Elinor Pl
  • Address - House Number: 5
  • Address - Street Name: Elinor
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Latham
  • Carrier Code: C006
  • 4-Digit Zip Code: 1803
  • Zip Code: 12110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $371,320
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.2206
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 276,863
  • High Value: 337,962
  • Low Value: 215,765

    Market Valuation

  • Market Total Value: $180,400
  • Market Land Value: $45,100
  • Market Improvement Value: $135,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,000
  • Assessed Land Value: $23,000
  • Assessed Improvements Value: $69,000

    Sales

  • Current Sale Contract Date: Jul 02, 2014
  • Current Sale Recording Date: Jul 15, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11655936
  • Previous Sale Recording Date: Jan 22, 1999
  • Previous Sale Contract Date: Jan 11, 1999
  • Previous Sale Amount: $84,500
  • 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 Albany

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2278 ft²

Average Home Age

90.4 years

Currently For Sale

549 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 940 New Loudon Road, Latham, NY, 12110

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
940 New Loudon Road, Latham, NY, 12110 Listing by Quinn M Mitchell

Rentals Near You

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

Listed by: Gina Barrera
Berkshire Hathaway Home Services Blake
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202516907
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 Elinor Place built and last sold?
The property at 5 Elinor Place was built in 1954 and last sold on Jul 2, 2014 for $154,500.
How much is this home worth?
The estimated value of the home located at 5 Elinor Place is $0.
What are some comparable homes to 5 Elinor Place?
There are currently no comparable homes to 5 Elinor Place.
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