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Walden 12586
5 Northgate Drive
Photo of 5 Northgate Drive
Sold on May 1, 2026

11

Map

Photo of 5 Northgate Drive
Photo of 5 Northgate Drive
$213,000
● House - Off Market

5 Northgate Drive

Montgomery, NY 12586
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,360 Ft²
$1,547
Est. Monthly
11.98%
Cap Rate

About This Property

Check out this great 3BR townhouse-style home walking distance to the Village of Walden shops and restaurants.   Two-story home with a private and fenced back yard.  No HOA fees in this community!   Great opportunity to buy in to this tough real estate market! Sold as-is. Buyer to pay NYS and any local transfer taxes. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. **Please see agent remarks for access, showing instructions and offer presentation remarks.**
Unit Size
1,360 Ft²
Days on Market
352 days
Land Size
0.07 acres
Price per sqft
$158
Property Type
House
Property Taxes
$492
HOA Dues
-
Year Built
1983

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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: 7 months ago (OneKey MLS #KEY861740)

Price History

Date / Event Date Event Price
May 1, 2026 Sold
Premium
Sold
Nov 13, 2025 In contract -
In contract
Nov 1, 2025 Price Decreased $214,900
↓ $15K (6.5%)
Price Decreased
Sep 5, 2025 Price Decreased $229,900
↓ $10K (4.2%)
Price Decreased
Aug 7, 2025 Relisted $239,900
Relisted
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,040
  • Lot Size Depth Feet: 1,520
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,360
  • Building Area: 1,360
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 2
  • Heated Square Feet: 1,360
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000069
  • Standard Land Use Code: 1002
  • County Land Use Code: 210
  • Legal Description 1: LT 10 BLK B NORTHGATE

Neighborhood

  • School District Name: Valley Central School District (Montgomery)
  • School Tax School District: VALLEY-MONTGOME
  • Census Tract: 010702

Zoning

  • Zoning: RM1

Geography

  • District: 334205
  • Section: 301.00
  • Parcel: 334205 301-1-16
  • Block: 1
  • Lot: 16.000
  • Municipality: MONTGOMERY
  • Latitude: 41.5717
  • Longitude: -74.1845

    Address

  • Full Address: 5 Northgate Dr
  • Address - House Number: 5
  • Address - Street Name: Northgate
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Walden
  • Carrier Code: C004
  • 4-Digit Zip Code: 1003
  • Zip Code: 12586

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $576,387
  • Tax Rate Code Area: 334201

    Appraisal Valuation

  • Standard Deviation: 0.2738
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 60
  • Final Value: 250,400
  • High Value: 318,961
  • Low Value: 181,838

    Market Valuation

  • Market Total Value: $178,600
  • Market Land Value: $40,721
  • Market Improvement Value: $137,879

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $75,000
  • Assessed Land Value: $17,100
  • Assessed Improvements Value: $57,900

    Sales

  • Current Sale Contract Date: Jan 20, 2005
  • Current Sale Recording Date: Feb 04, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 Walden

Stats & Trends

Median Asking:

$378,000

Sale Price/ft²

$232

Below Asking

0.02%

Average Days on Market

99

Average Home Size

1923 ft²

Average Home Age

97.6 years

Currently For Sale

14 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.
OneKey

Last Updated: 7 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 5 Northgate Drive built and last sold?
The property at 5 Northgate Drive was built in 1983 and last sold on Jan 20, 2005 for $124,500.
How much is this home worth?
The estimated value of the home located at 5 Northgate Drive is $0.
What are some comparable homes to 5 Northgate Drive?
There are currently no comparable homes to 5 Northgate Drive.
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