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Albany 12047
5 Welding Way
$834,150
● House - Off Market

5 Welding Way

Colonie, NY 12047
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2,514 Ft²
$4,247
Est. Monthly
6.26%
Cap Rate

About This Property

SPEC Home BEING built RIGHT NOW  in North Colonie w/ award winning CGM Builders. 4BR's 2.5 Baths w/ a great layout. Private - 7 home, cul-de-sac location. HURRY to make your selections without the LONG wait of a new build. Close to schools shopping, I-87 and the TOC Park (pool, bike trail, & boat launch)!  Sprinkler System, Pella Windows, solid core doors, wood staircase, Tile (flooring/master shower walls/bathrooms). Photos in this listing are examples of this builders previous work.
Unit Size
2,514 Ft²
Days on Market
227 days
Land Size
0.42 acres
Price per sqft
$330
Property Type
House
Property Taxes
$171
HOA Dues
-
Year Built
-

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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: 2 years ago (Global MLS #202430441)

Price History

Date / Event Date Event Price
Jul 28, 2025 Sold
Premium
Sold
Jun 3, 2025 In contract -
In contract
Dec 13, 2024 Listed by Field Realty $830,000
Listed by Field Realty

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000420
  • Standard Land Use Code: 8001
  • County Land Use Code: 311

Neighborhood

  • School District Name: Cohoes City School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013511

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 00900200010151230000
  • District: 012689
  • Section: 9.02
  • Parcel: 012689 9.2-1-15.123
  • Block: 1
  • Lot: 15.123
  • Municipality: COLONIE (TOV)
  • Latitude: 42.784
  • Longitude: -73.7459

    Address

  • Full Address: 5 Welding Way
  • Address - House Number: 5
  • Address - Street Name: Welding
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Cohoes
  • Carrier Code: R002
  • 4-Digit Zip Code: 5058
  • Zip Code: 12047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $66,890
  • Tax Rate Code Area: 012605

    Market Valuation

  • Market Total Value: $96,700
  • Market Land Value: $96,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,300
  • Assessed Land Value: $49,300
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

2268 ft²

Average Home Age

91.1 years

Currently For Sale

536 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

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Global MLS

Listed by: Michael J Field
Field Realty
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202430441
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 Welding Way built and last sold?
The property at 5 Welding Way was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 5 Welding Way is $0.
What are some comparable homes to 5 Welding Way?
There are currently no comparable homes to 5 Welding Way.
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