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Albany
57 Bailey Avenue
$230,000
● House - Off Market

57 Bailey Avenue

Colonie, NY 12110
bedrooms
3 Beds
bathrooms
1 Bath
square feet
975 Ft²
$230,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

A perfect starter home in Latham, NY!  Down the road from Burns-Whitney Park, while only minutes from all your local conveniences and shopping.  This house is located in the coveted North Colonie School District, so don't miss out on this fantastic opportunity!  This house features 3 Beds, 1 Bath, and an above ground pool.  Schedule your showing today!
Unit Size
975 Ft²
Days on Market
108 days
Land Size
0.17 acres
Price per sqft
$236
Property Type
House
Property Taxes
$358
HOA Dues
-
Year Built
1950

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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 #202322048)

Price History

Date / Event Date Event Price
Nov 20, 2023 Sold
Premium
Sold
Aug 20, 2023 In contract -
In contract
Aug 4, 2023 Listed by Core Real Estate Team $230,000
Listed by Core Real Estate Team
Jun 26, 2017 Sold
Premium
Sold
Mar 16, 2017 Listed by Core Real Estate Team $151,000
Listed by Core Real Estate Team
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 975
  • Building Area: 975
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 975
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 11 N-4 E-46 C-33-47

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013512

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 01900500020430000000
  • District: 012689
  • Section: 19.05
  • Parcel: 012689 19.5-2-43
  • Block: 2
  • Lot: 43.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.762
  • Longitude: -73.7798

    Address

  • Full Address: 57 Bailey Ave
  • Address - House Number: 57
  • Address - Street Name: Bailey
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Latham
  • Carrier Code: C006
  • 4-Digit Zip Code: 2441
  • Zip Code: 12110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $341,808
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.1105
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 88
  • Final Value: 234,424
  • High Value: 260,344
  • Low Value: 208,503

    Market Valuation

  • Market Total Value: $164,700
  • Market Land Value: $41,175
  • Market Improvement Value: $123,525

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $84,000
  • Assessed Land Value: $21,000
  • Assessed Improvements Value: $63,000

    Sales

  • Current Sale Contract Date: Jun 23, 2017
  • Current Sale Recording Date: Jun 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2017-14563
  • Previous Sale Recording Date: Aug 16, 2005
  • Previous Sale Contract Date: Aug 12, 2005
  • Previous Sale Amount: $140,000
  • 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

$209

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2249 ft²

Average Home Age

93.1 years

Currently For Sale

714 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 940 New Loudon Road, Latham, NY, 12110

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
940 New Loudon Road, Latham, NY, 12110 Listing by Quinn M Mitchell

Rentals Near You

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

Listed by: Ethan Harris
Core Real Estate Team
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202322048
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 57 Bailey Avenue built and last sold?
The property at 57 Bailey Avenue was built in 1950 and last sold on Jun 23, 2017 for $160,060.
How much is this home worth?
The estimated value of the home located at 57 Bailey Avenue is $0.
What are some comparable homes to 57 Bailey Avenue?
There are currently no comparable homes to 57 Bailey Avenue.
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