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Albany 12159
5929 Johnston Road
$355,000
● House - Off Market

5929 Johnston Road

Guilderland, NY 12159
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,322 Ft²
$2,378
Est. Monthly
4.17%
Cap Rate

About This Property

Significant price reduction: a remarkable $20,000 off! This classic colonial boasts a unique floor plan in a tremendous locale with gleaming hardwood floors! The spacious chef's kitchen offers granite counters, a center island, 2 pantries, & a dedicated dining area. Enjoy the sunlit Sunken Family Room w/ 9 ft ceilings, overlooking a private yard w/ a wood stove. Cozy nook/reading area w/ french doors leading to a wooden stairway. Upstairs, find a primary bedroom w/ its own bath, two large bedrooms, an open loft suitable for a home office/play area, & a newly refurbished half bath. Relax on the deck w/ gazebo, backing onto woods w/ beautiful gardens & a storage shed. Perfectly situated near major highways, shopping centers, and sought-after Guilderland schools!
Unit Size
2,322 Ft²
Days on Market
50 days
Land Size
0.48 acres
Price per sqft
$158
Property Type
House
Property Taxes
$571
HOA Dues
-
Year Built
1952

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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: 8 months ago (Global MLS #202324643)

Price History

Date / Event Date Event Price
Feb 9, 2024 Sold
Premium
Sold
Dec 8, 2023 In contract -
In contract
Dec 7, 2023 Relisted $368,000
Relisted
Nov 29, 2023 In contract -
In contract
Oct 19, 2023 Price Decreased $368,000
↓ $20K (5.2%)
Price Decreased
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 273
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,900
  • Lot Size Depth Feet: 1,900
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 2,322
  • Building Area: 2,322
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,322
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000479
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 5903 JOHNSTON RD

Neighborhood

  • School District Name: Guilderland Central School District
  • School Tax School District: GUILDERLAND
  • Census Tract: 014614

Zoning

  • Zoning: R20

Geography

  • Account Number: 06200000020520000000
  • District: 013089
  • Section: 62.00
  • Parcel: 013089 62.00-2-52
  • Block: 2
  • Lot: 52.000
  • Municipality: GUILDERLAND (TOV)
  • Latitude: 42.67
  • Longitude: -73.8861

    Address

  • Full Address: 5929 Johnston Rd
  • Address - House Number: 5929
  • Address - Street Name: Johnston
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Slingerlands
  • Carrier Code: R004
  • 4-Digit Zip Code: 9717
  • Zip Code: 12159

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $621,692
  • Tax Rate Code Area: 013002

    Appraisal Valuation

  • Standard Deviation: 0.1105
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 88
  • Final Value: 391,698
  • High Value: 434,837
  • Low Value: 348,559

    Market Valuation

  • Market Total Value: $305,882
  • Market Land Value: $61,176
  • Market Improvement Value: $244,706

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $260,000
  • Assessed Land Value: $52,000
  • Assessed Improvements Value: $208,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 26, 2024
  • Current Sale Recording Date: Feb 09, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2395
  • Previous Sale Recording Date: May 17, 2023
  • Previous Sale Contract Date: May 08, 2023
  • Previous Sale Amount: $368,000
  • 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

$210

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2251 ft²

Average Home Age

95 years

Currently For Sale

702 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 3 Salem Court, New Scotland, NY, 12203

$2,000 /mo

  • 2 Beds
  • 2 Baths
  • 1,400 ft²
3 Salem Court #3D, New Scotland, NY, 12203 Listing by Robert LaDuke

Rentals Near You

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

Listed by: Dawn M McCurdy
McCurdy Real Estate Group, Inc
Last Updated: 8 months ago
Data Source: Global MLS , MLS# 202324643
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 5929 Johnston Road built and last sold?
The property at 5929 Johnston Road was built in 1952 and last sold on Jan 26, 2024 for $355,000.
How much is this home worth?
The estimated value of the home located at 5929 Johnston Road is $0.
What are some comparable homes to 5929 Johnston Road?
There are currently no comparable homes to 5929 Johnston Road.
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