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Albany
5 Magdalen Road
Photo of 5 Magdalen Road
Sold on Jan 10, 2025

1

Map

$311,000
● House - Off Market

5 Magdalen Road

Bethlehem, NY 12054
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,188 Ft²
$1,752
Est. Monthly
5.68%
Cap Rate

About This Property

This corner lot ranch is located in the highly desirable Bethlehem Central School District and is just a short walk away from Slingerlands Elementary School.  Special features of this home include one floor living, primary bedroom with full bath and two closets, hardwood floors, tankless hot water heater, newer HVAC system, and outdoor shed for additional storage.  Conveniently located near local businesses and shopping centers.
Unit Size
1,188 Ft²
Days on Market
46 days
Land Size
0.31 acres
Price per sqft
$244
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1955

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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: 10 days ago (Global MLS #202429681)

Price History

Date / Event Date Event Price
Jan 10, 2025 Sold
Premium
Sold
Nov 27, 2024 In contract -
In contract
Nov 24, 2024 Listed by ECO Realty LLC $289,900
Listed by ECO Realty LLC
Aug 23, 2002 Sold
Premium
Sold
Jul 9, 2002 Listed by ECO Realty LLC $125,000
Listed by ECO Realty LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • 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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 981
  • Total Building Area: 1,188
  • Building Area: 1,188
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,188
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 5 OR 62 BLK C

Neighborhood

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

Zoning

  • Zoning: CR

Geography

  • Account Number: 08501400020060000000
  • District: 012200
  • Section: 85.14
  • Parcel: 012200 85.14-2-6
  • Block: 2
  • Lot: 6.000
  • Municipality: BETHLEHEM
  • Latitude: 42.624
  • Longitude: -73.8577

    Address

  • Full Address: 5 Magdalen Rd
  • Address - House Number: 5
  • Address - Street Name: Magdalen
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Delmar
  • Carrier Code: C009
  • 4-Digit Zip Code: 2407
  • Zip Code: 12054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $466,937
  • Tax Rate Code Area: 012206

    Appraisal Valuation

  • Standard Deviation: 0.2354
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 282,094
  • High Value: 348,519
  • Low Value: 215,669

    Market Valuation

  • Market Total Value: $222,533
  • Market Land Value: $84,667
  • Market Improvement Value: $137,866

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,900
  • Assessed Land Value: $63,500
  • Assessed Improvements Value: $103,400

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 09, 2002
  • Current Sale Recording Date: Aug 23, 2002
  • Current Sale Price:
    Premium
  • Current 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:

$330,000

Sale Price/ft²

$210

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2236 ft²

Average Home Age

91.4 years

Currently For Sale

574 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 3 Minnowbrook Avenue, Delmar, NY, 12054

$1,950 /mo

  • 2 Beds
  • 1 Bath
  • 1,050 ft²
3 Minnowbrook Avenue #APTA, Delmar, NY, 12054 Listing by Melissa Hems

Rentals Near You

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

Listed by: Michael Berben
ECO Realty LLC
Last Updated: 10 days ago
Data Source: Global MLS , MLS# 202429681
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 Magdalen Road built and last sold?
The property at 5 Magdalen Road was built in 1955 and last sold on Aug 9, 2002 for $123,000.
How much is this home worth?
The estimated value of the home located at 5 Magdalen Road is $0.
What are some comparable homes to 5 Magdalen Road?
There are currently no comparable homes to 5 Magdalen Road.
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