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Rensselaer
62 MEADOWS Drive
$308,000
● House - Off Market

62 MEADOWS Drive

Pittstown, NY 12121
bedrooms
3 Beds
bathrooms
5 Baths, 2 Half Baths
$478,714
RealtyHop Estimate
47.52%
Since Jun 1, 2019
National-US
Primary Model

About This Property

Beautiful contemporary home with panoramic views of the Adirondack Mountains and the Tomhannock Reservoir, located in The Meadows. Three levels of living, gourmet kitchen.  Sold as is, proof of funds required with offer submission -- Excellent Condition
Unit Size
-
Days on Market
-
Land Size
3.93 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,403
HOA Dues
-
Year Built
1992

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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 #201829236)

Price History

Date / Event Date Event Price
May 14, 2019 Sold
Premium
Sold
Sep 14, 2018 Listed by Trevett Group LLC $324,500
Listed by Trevett Group LLC

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 380
  • Garage Type: 1
  • Garage Square Area: 1,006
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 239,144
  • Lot Size Frontage Feet: 4,623
  • Total Building Area: 4,568
  • Building Area: 4,568
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,568
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005490
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 1990/8 MEADOWS LOT 3

Neighborhood

  • School District Name: Brunswick Central School District (Brittonkill)
  • School Tax School District: BRUNSWICK
  • Census Tract: 051800

Geography

  • District: 383689
  • Section: 53.00
  • Parcel: 383689 53.-1-15.43
  • Block: 1
  • Lot: 15.043
  • Municipality: PITTSTOWN (TOV)
  • Latitude: 42.8299
  • Longitude: -73.5424

    Address

  • Full Address: 62 Meadows Dr
  • Address - House Number: 62
  • Address - Street Name: Meadows
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Melrose
  • Carrier Code: R001
  • 4-Digit Zip Code: 2920
  • Zip Code: 12121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,527,720
  • Tax Rate Code Area: 382202

    Appraisal Valuation

  • Standard Deviation: 0.2219
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 537,008
  • High Value: 656,171
  • Low Value: 417,846

    Market Valuation

  • Market Total Value: $616,216
  • Market Land Value: $122,378
  • Market Improvement Value: $493,838

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $285,000
  • Assessed Land Value: $56,600
  • Assessed Improvements Value: $228,400

    Sales

  • Current Sale Contract Date: Apr 12, 2019
  • Current Sale Recording Date: May 14, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2019-551040
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:

$299,900

Sale Price/ft²

$196

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2281 ft²

Average Home Age

96 years

Currently For Sale

332 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

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Global MLS

Listed by: Thomas R Trevett
Trevett Group LLC
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201829236
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 62 Meadows Drive built and last sold?
The property at 62 Meadows Drive was built in 1992 and last sold on Apr 12, 2019 for $308,000.
How much is this home worth?
The estimated value of the home located at 62 Meadows Drive is $327,745.
What are some comparable homes to 62 Meadows Drive?
There are currently no comparable homes to 62 Meadows Drive.
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