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Albany 12309
51 TAMARACK Lane
$581,179
● House - Off Market

51 TAMARACK Lane

Colonie, NY 12309
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$554,497
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

Pending sale -- To Be Built Condition
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,042
HOA Dues
$128
Year Built
2022

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 #202128322)

Price History

Date / Event Date Event Price
Oct 7, 2022 Sold
Premium
Sold
Sep 13, 2021 Listed by Builders Pro Realty, LLC $533,150
Listed by Builders Pro Realty, LLC

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2022
  • Effective Year Built: 2022
  • 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: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 504
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,087
  • Total Building Area: 3,216
  • Building Area: 3,216
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,216
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TAMARACK LANE
  • Land Acres: 0000000530
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

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

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 01700200030230000000
  • District: 012689
  • Section: 17.02
  • Parcel: 012689 17.2-3-23
  • Block: 3
  • Lot: 23.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7626
  • Longitude: -73.8386

    Address

  • Full Address: 51 Tamarack Ln
  • Address - House Number: 51
  • Address - Street Name: Tamarack
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Colonie
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $298,118
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 598,086
  • High Value: 871,533
  • Low Value: 324,638

    Market Valuation

  • Market Total Value: $603,900
  • Market Land Value: $150,975
  • Market Improvement Value: $452,925

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $308,000
  • Assessed Land Value: $77,000
  • Assessed Improvements Value: $231,000

    Sales

  • Current Sale Contract Date: May 30, 2022
  • Current Sale Recording Date: Oct 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23775
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

$209

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2232 ft²

Average Home Age

92 years

Currently For Sale

570 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.
Global MLS

Listed by: Thomas Marks
Builders Pro Realty, LLC
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202128322
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 51 Tamarack Lane built and last sold?
The property at 51 Tamarack Lane was built in 2022 and last sold on May 30, 2022 for $533,500.
How much is this home worth?
The estimated value of the home located at 51 Tamarack Lane is $0.
What are some comparable homes to 51 Tamarack Lane?
There are currently no comparable homes to 51 Tamarack Lane.
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