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Rensselaer 12123
54 Loweree Road
$500,000
● House - Off Market

54 Loweree Road

Nassau, NY 12123
bedrooms
4 Beds
bathrooms
2 Baths
$550,853
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Beautiful 100 acres of usuable land with 2 ponds.
Unit Size
-
Days on Market
-
Land Size
99.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$583
HOA Dues
-
Year Built
1965

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #202140567)

Price History

Date / Event Date Event Price
Oct 5, 2023 Sold
Premium
Sold
Aug 19, 2023 In contract -
In contract
Jul 28, 2023 Listed by Vera Cohen Realty, LLC $379,000
Listed by Vera Cohen Realty, LLC
Dec 30, 2021 Listed by Vera Cohen Realty, LLC $500,000
Listed by Vera Cohen Realty, LLC
Jun 28, 2021 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 252
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,312,440
  • Lot Size Frontage Feet: 9,210
  • Total Building Area: 2,368
  • Building Area: 2,368
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,368
  • Heating Fuel Type: 9

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000099000
  • Standard Land Use Code: 1008
  • County Land Use Code: 240
  • Legal Description 1: INTERIOR RENOVATION

Neighborhood

  • School District Name: East Greenbush Central School District
  • School Tax School District: EAST GREENBUSH
  • Census Tract: 052502

Zoning

  • Zoning: RA

Geography

  • Account Number: 325J177880
  • District: 384489
  • Section: 201.00
  • Parcel: 384489 201.-2-30
  • Block: 2
  • Lot: 30.000
  • Municipality: SCHODACK (TOV)
  • Latitude: 42.5247
  • Longitude: -73.6298

    Address

  • Full Address: 54 Loweree Rd
  • Address - House Number: 54
  • Address - Street Name: Loweree
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Nassau
  • Carrier Code: R002
  • 4-Digit Zip Code: 3801
  • Zip Code: 12123

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,309,552
  • Tax Rate Code Area: 382401

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 458,617
  • High Value: 561,058
  • Low Value: 356,177

    Market Valuation

  • Market Total Value: $478,528
  • Market Land Value: $214,582
  • Market Improvement Value: $263,946

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $357,700
  • Assessed Land Value: $160,400
  • Assessed Improvements Value: $197,300

    Sales

  • Current Sale Contract Date: Oct 02, 2023
  • Current Sale Recording Date: Oct 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2023-633178
  • Previous Sale Recording Date: Jun 28, 2021
  • Previous Sale Contract Date: Jun 15, 2021
  • Previous Sale Amount: $500,000
  • 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 Rensselaer

Stats & Trends

Median Asking:

$299,950

Sale Price/ft²

$196

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2258 ft²

Average Home Age

94.7 years

Currently For Sale

339 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

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Global MLS

Listed by: Brandon W Oot
Vera Cohen Realty, LLC
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202140567
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 54 Loweree Road built and last sold?
The property at 54 Loweree Road was built in 1965 and last sold on Oct 2, 2023 for $375,000.
How much is this home worth?
The estimated value of the home located at 54 Loweree Road is $382,790.
What are some comparable homes to 54 Loweree Road?
There are currently no comparable homes to 54 Loweree Road.
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