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Troy 12180
6 COTTAGE Street
$131,655
● House - Off Market

6 COTTAGE Street

Troy, NY 12180
bedrooms
4 Beds
bathrooms
2 Baths
$254,049
RealtyHop Estimate
81.59%
Since Jan 1, 2008
National-US
Primary Model

About This Property

An opportunity like this does not come along often. This 3000 square foot home, which was once PS 20 has been renovated and offers a great location, large kitchen, an amazing great room and a large fenced in yard on a private corner lot.  Don't let this one get away. Home uses wood to heat through pellet/wood stoves. No showings until open house on 10/21 from 1-3. Excellent Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$257
HOA Dues
-
Year Built
1881

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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 #27122497)

Price History

Date / Event Date Event Price
Jan 2, 2008 Sold
Premium
Sold
Oct 12, 2007 Listed by Howard Hanna $139,900
Listed by Howard Hanna
Nov 2, 2005 Sold
Premium
Sold
Sep 23, 2005 Sold
Premium
Sold
Nov 22, 2004 Listed by Howard Hanna $79,900
Listed by Howard Hanna
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1881
  • Effective Year Built: 1881
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • 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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,050
  • Building Area: 3,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,050
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000180
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: FRM HSE /118

Neighborhood

  • School District Name: Troy City School District
  • School Tax School District: TROY
  • Census Tract: 041000

Zoning

  • Zoning: R3

Geography

  • Account Number: 0601840
  • District: 381700
  • Section: 122.28
  • Parcel: 381700 122.28-1-1
  • Block: 1
  • Lot: 1.000
  • Municipality: TROY
  • Latitude: 42.699
  • Longitude: -73.6981

    Address

  • Full Address: 6 Cottage St
  • Address - House Number: 6
  • Address - Street Name: Cottage
  • Address - Suffix Type: St
  • State: NY
  • City Name: Troy
  • Carrier Code: C011
  • 4-Digit Zip Code: 6334
  • Zip Code: 12180

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $456,002
  • Tax Rate Code Area: 381700

    Appraisal Valuation

  • Standard Deviation: 0.1397
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 239,189
  • High Value: 272,621
  • Low Value: 205,756

    Market Valuation

  • Market Total Value: $195,000
  • Market Land Value: $25,714
  • Market Improvement Value: $169,286

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $136,500
  • Assessed Land Value: $18,000
  • Assessed Improvements Value: $118,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 21, 2007
  • Current Sale Recording Date: Jan 02, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Nov 02, 2005
  • Previous Sale Contract Date: Sep 28, 2005
  • Previous Sale Amount: $65,000
  • 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 Troy

Stats & Trends

Median Asking:

$249,900

Sale Price/ft²

$134

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2575 ft²

Average Home Age

117.9 years

Currently For Sale

108 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 65 3rd Street, Troy, NY, 12180

$2,795 /mo

  • 2 Beds
  • 1 Bath
  • 1,300 ft²
65 3rd Street #305, Troy, NY, 12180 Listing by Franca DiCrescenzo
Unit for rent at 26 Glenwood Road, Menands, NY, 12204

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,424 ft²
26 Glenwood Road, Menands, NY, 12204 Listing by Susan Lansley

Rentals Near You

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

Listed by: Jennifer Franze
Howard Hanna
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 27122497
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 6 Cottage Street built and last sold?
The property at 6 Cottage Street was built in 1881 and last sold on Dec 21, 2007 for $131,655.
How much is this home worth?
The estimated value of the home located at 6 Cottage Street is $0.
What are some comparable homes to 6 Cottage Street?
There are currently no comparable homes to 6 Cottage Street.
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