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Albany 12159
5 GAILES Drive
$374,500
● House - Off Market

5 GAILES Drive

Slingerlands, NY 12159
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$927,133
RealtyHop Estimate
147.57%
Since Sep 1, 2002
National-US
Primary Model

About This Property

STUNNING COLONIAL IN MINT CONDITION,DRAMATIC FAMILY ROOM MANY UPDATES,STUDY WITH FRENCH DOORS AND BUILT IN CABINETS.VAULTED,TRAY,AND CATHEDRAL CEILINGS LARGE DECK. NO SHOWINGS UNTIL 4/21/02 -- Superior Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$599
HOA Dues
-
Year Built
2000

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 #2214668)

Price History

Date / Event Date Event Price
Jul 26, 2023 Sold
Premium
Sold
Apr 5, 2023 Listed by Howard Hanna $549,900
Listed by Howard Hanna
Nov 6, 2014 Sold
Premium
Sold
Apr 11, 2014 Listed by Howard Hanna $399,900
Listed by Howard Hanna
Sep 18, 2002 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • 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: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,553
  • Lot Size Depth Feet: 1,719
  • Lot Size Frontage Feet: 1,004
  • Total Building Area: 3,152
  • Building Area: 3,152
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,152
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CEDAR RIDGE
  • Land Acres: 0000000380
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: CEDAR RIDGE SEC 3 LOT 59 (#36 OR 5) SLING

Neighborhood

  • School District Name: Bethlehem Central School District
  • School Tax School District: BETHLEHEM
  • Census Tract: 014202

Zoning

  • Zoning: RA

Geography

  • Account Number: 08401600020190000000
  • District: 012200
  • Section: 84.16
  • Parcel: 012200 84.16-2-19
  • Block: 2
  • Lot: 19.000
  • Municipality: BETHLEHEM
  • Latitude: 42.6219
  • Longitude: -73.8758

    Address

  • Full Address: 5 Gailes Dr
  • Address - House Number: 5
  • Address - Street Name: Gailes
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Slingerlands
  • Carrier Code: R003
  • 4-Digit Zip Code: 9283
  • Zip Code: 12159

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,219,558
  • Tax Rate Code Area: 012206

    Appraisal Valuation

  • Standard Deviation: 0.2511
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 574,640
  • High Value: 718,986
  • Low Value: 430,294

    Market Valuation

  • Market Total Value: $513,333
  • Market Land Value: $99,200
  • Market Improvement Value: $414,133

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $385,000
  • Assessed Land Value: $74,400
  • Assessed Improvements Value: $310,600

    Sales

  • Current Sale Contract Date: Jul 17, 2023
  • Current Sale Recording Date: Jul 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 13211
  • Previous Sale Recording Date: Nov 06, 2014
  • Previous Sale Contract Date: Nov 04, 2014
  • Previous Sale Amount: $385,000
  • 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 Albany

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$209

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2244 ft²

Average Home Age

93 years

Currently For Sale

713 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 93 Cherry Avenue, Delmar, NY, 12054

$2,600 /mo

  • 4 Beds
  • 2 Baths
  • 1,561 ft²
93 Cherry Avenue, Delmar, NY, 12054 Listing by Douglas S Schenk

Rentals Near You

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

Listed by: Sally L Izzard
Howard Hanna
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 2214668
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 Gailes Drive built and last sold?
The property at 5 Gailes Drive was built in 2000 and last sold on Jul 17, 2023 for $629,500.
How much is this home worth?
The estimated value of the home located at 5 Gailes Drive is $0.
What are some comparable homes to 5 Gailes Drive?
There are currently no comparable homes to 5 Gailes Drive.
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