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Altamont 12009
5 Gregg Road
$365,000
● House - Off Market

5 Gregg Road

Altamont, NY 12009
bedrooms
2 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,495 Ft²
$2,354
Est. Monthly
3.32%
Cap Rate

About This Property

Modern style meets small-town charm in this bright and airy 2-bedroom contemporary located in the heart of the Village of Altamont. Soaring cathedral ceilings, abundant skylights, and an open-concept layout create a warm, inviting atmosphere. A spacious loft offers flexibility and can easily be converted into a third bedroom or home office. Located within the award-winning Altamont Elementary School district, this home offers both character and convenience-just a short drive to Albany. 3D Virtual Tour available.
Unit Size
1,495 Ft²
Days on Market
70 days
Land Size
0.52 acres
Price per sqft
$251
Property Type
House
Property Taxes
$513
HOA Dues
-
Year Built
1990

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 2 years ago (Global MLS #202521262)

Price History

Date / Event Date Event Price
Sep 17, 2025 Sold
Premium
Sold
Aug 8, 2025 In contract -
In contract
Jul 9, 2025 Listed by Clancy Real Estate $374,900
Listed by Clancy Real Estate
Oct 6, 2020 Sold
Premium
Sold
Aug 26, 2020 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • 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: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 29,117
  • Lot Size Depth Feet: 2,812
  • Lot Size Frontage Feet: 1,036
  • Total Building Area: 1,495
  • Building Area: 1,495
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,495
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SEVERSON ACRES
  • Land Acres: 0000000668
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: SEVERSON ACRES LOT 5

Neighborhood

  • School District Name: Guilderland Central School District
  • School Tax School District: GUILDERLAND
  • Census Tract: 014612

Zoning

  • Zoning: R20

Geography

  • Account Number: 03701400020340000000
  • District: 013001
  • Section: 37.14
  • Parcel: 013001 37.14-2-34
  • Block: 2
  • Lot: 34.000
  • Municipality: ALTAMONT
  • Latitude: 42.7084
  • Longitude: -74.0316

    Address

  • Full Address: 5 Gregg Rd
  • Address - House Number: 5
  • Address - Street Name: Gregg
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Altamont
  • Carrier Code: R005
  • 4-Digit Zip Code: 9467
  • Zip Code: 12009

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $643,689
  • Tax Rate Code Area: 013002

    Appraisal Valuation

  • Standard Deviation: 0.2477
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 312,801
  • High Value: 390,309
  • Low Value: 235,292

    Market Valuation

  • Market Total Value: $297,647
  • Market Land Value: $60,000
  • Market Improvement Value: $237,647

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $253,000
  • Assessed Land Value: $51,000
  • Assessed Improvements Value: $202,000

    Sales

  • Current Sale Contract Date: Jul 28, 2020
  • Current Sale Recording Date: Aug 26, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2020-18712
  • Previous Sale Recording Date: Dec 15, 2014
  • Previous Sale Contract Date: Dec 05, 2014
  • Previous Sale Amount: $228,000
  • 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 Altamont

Stats & Trends

Median Asking:

$412,400

Sale Price/ft²

$208

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1764 ft²

Average Home Age

137 years

Currently For Sale

5 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: Kevin Clancy
Clancy Real Estate
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202521262
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 Gregg Road built and last sold?
The property at 5 Gregg Road was built in 1990 and last sold on Jul 28, 2020 for $202,500.
How much is this home worth?
The estimated value of the home located at 5 Gregg Road is $0.
What are some comparable homes to 5 Gregg Road?
There are currently no comparable homes to 5 Gregg Road.
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