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Albany 12211
5 Strathmore Drive
$415,000
● House - Off Market

5 Strathmore Drive

Colonie, NY 12211
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
$462,817
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

What a fabulous opportunity to own a 5 bedroom 2 1/2 bath center hall Colonial in the heart of Loudonville.  5 Strathmore Drive is located on a dead end street with neighborhood pool just a walk down the street.  All bedrooms fit queen/king beds with good-sized closets.  Chefs kitchen for those cooking enthusiasts.  The formal dining room leads to oversized family room with fireplace. Gorgeous Hardwood floors and moldings.  Quick close available and Showings start immediately.
Unit Size
-
Days on Market
-
Land Size
0.35 acres
Price per sqft
-
Property Type
House
Property Taxes
$663
HOA Dues
-
Year Built
1963

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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 #202222044)

Price History

Date / Event Date Event Price
Nov 7, 2022 Sold
Premium
Sold
Sep 9, 2022 Sold
Premium
Sold
Jul 7, 2022 Listed by eXp Realty $445,000
Listed by eXp Realty
Sep 24, 1997 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • 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: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 2,984
  • Building Area: 2,984
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,984
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STRATHMORE ESTATES INC
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 5 N-POWER CO E-3 C-28-65

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013706

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 05400200030030000000
  • District: 012689
  • Section: 54.02
  • Parcel: 012689 54.2-3-3
  • Block: 3
  • Lot: 3.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.6935
  • Longitude: -73.7553

    Address

  • Full Address: 5 Strathmore Dr
  • Address - House Number: 5
  • Address - Street Name: Strathmore
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Albany
  • Carrier Code: C001
  • 4-Digit Zip Code: 2022
  • Zip Code: 12211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $799,841
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.242
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 494,019
  • High Value: 613,589
  • Low Value: 374,448

    Market Valuation

  • Market Total Value: $393,100
  • Market Land Value: $98,226
  • Market Improvement Value: $294,874

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,500
  • Assessed Land Value: $50,100
  • Assessed Improvements Value: $150,400

    Sales

  • Current Sale Contract Date: Sep 05, 2022
  • Current Sale Recording Date: Nov 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 26057
  • Previous Sale Recording Date: Sep 24, 1997
  • Previous Sale Contract Date: Sep 18, 1997
  • Previous Sale Amount: $194,700
  • Previous 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 Albany

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$210

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2247 ft²

Average Home Age

95 years

Currently For Sale

695 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 7 Fenway Court, Loudonville, NY, 12211

$4,800 /mo

  • 5 Beds
  • 2 Baths
  • 2,800 ft²
7 Fenway Court, Loudonville, NY, 12211 Listing by David M Schrepper

Rentals Near You

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

Listed by: Jennifer C Wilson
eXp Realty
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202222044
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 Strathmore Drive built and last sold?
The property at 5 Strathmore Drive was built in 1963 and last sold on Sep 5, 2022 for $415,000.
How much is this home worth?
The estimated value of the home located at 5 Strathmore Drive is $449,450.
What are some comparable homes to 5 Strathmore Drive?
There are currently no comparable homes to 5 Strathmore Drive.
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