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Albany 12205
5 VEEDER Drive
$200,000
● House - Off Market

5 VEEDER Drive

Colonie, NY 12205
bedrooms
3 Beds
bathrooms
2 Baths
$316,674
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

Charming cape with so much to offer. Quiet street, wrap around deck that leads to a huge backyard with plenty of room to play. Brand new roof with transferable warranty & 1st floor bathroom, newer windows, appliances & furnace. Hardwoods under carpet on first floor. Radiant flooring in kitchen, bathroom & hallway. Bright, open kitchen. Cozy living room with fireplace. Walking distance to Veeder Elementary.  Back on market pending releases. Inspections & appraisal already completed with no issues. Excellent Condition
Unit Size
-
Days on Market
-
Land Size
0.41 acres
Price per sqft
-
Property Type
House
Property Taxes
$297
HOA Dues
-
Year Built
1952

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 #201718540)

Price History

Date / Event Date Event Price
Dec 15, 2017 Sold
Premium
Sold
Sep 18, 2017 Listed by Berkshire Hathaway HomeServices Blake, REALTORS $199,900
Listed by Berkshire Hathaway HomeServices Blake, REALTORS
Nov 5, 2014 Sold
Premium
Sold
Jun 3, 2014 Listed by Berkshire Hathaway HomeServices Blake, REALTORS $189,900
Listed by Berkshire Hathaway HomeServices Blake, REALTORS

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,860
  • Total Building Area: 1,746
  • Building Area: 1,746
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,746
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VEEDER DRIVE
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 5 N-9 E-75 S-97-25

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013902

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 01700300020250000000
  • District: 012689
  • Section: 17.03
  • Parcel: 012689 17.3-2-25
  • Block: 2
  • Lot: 25.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7529
  • Longitude: -73.8662

    Address

  • Full Address: 5 Veeder Dr
  • Address - House Number: 5
  • Address - Street Name: Veeder
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Albany
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $449,955
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 299,112
  • High Value: 370,553
  • Low Value: 227,671

    Market Valuation

  • Market Total Value: $199,200
  • Market Land Value: $49,800
  • Market Improvement Value: $149,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,600
  • Assessed Land Value: $25,400
  • Assessed Improvements Value: $76,200

    Sales

  • Current Sale Contract Date: Dec 11, 2017
  • Current Sale Recording Date: Dec 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2017-30156
  • Previous Sale Recording Date: Nov 05, 2014
  • Previous Sale Contract Date: Oct 31, 2014
  • Previous Sale Amount: $181,000
  • 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

$208

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2254 ft²

Average Home Age

90.1 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 3911 Albany Street, Schenectady, NY, 12304

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
3911 Albany Street, Schenectady, NY, 12304 Listing by Brian A Amaral
Unit for rent at 21 Van Heusen Street, Albany, NY, 12205

$1,950 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
21 Van Heusen Street #2, Albany, NY, 12205 Listing by Daniel Shepard

Rentals Near You

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

Listed by: Claudine D Hodge
Berkshire Hathaway HomeServices Blake, REALTORS
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201718540
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 Veeder Drive built and last sold?
The property at 5 Veeder Drive was built in 1952 and last sold on Dec 11, 2017 for $200,000.
How much is this home worth?
The estimated value of the home located at 5 Veeder Drive is $0.
What are some comparable homes to 5 Veeder Drive?
There are currently no comparable homes to 5 Veeder Drive.
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