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Albany 12205
65 McNutt Avenue
$231,000
● House - Off Market

65 McNutt Avenue

Colonie, NY 12205
bedrooms
3 Beds
bathrooms
1 Bath
$1,562
Est. Monthly
6.85%
Cap Rate

About This Property

Ranch in South Colonie Schools! 3-bedroom 1 bath with a bright and spacious living room. Large eat in kitchen, lots of storage in the mudroom and a full basement, No maintenance vinyl fenced in yard. The home is sold as is.
Unit Size
-
Days on Market
-
Land Size
0.13 acres
Price per sqft
-
Property Type
House
Property Taxes
$398
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 #202425440)

Price History

Date / Event Date Event Price
Nov 22, 2024 Sold
Premium
Sold
Sep 28, 2024 In contract -
In contract
Sep 25, 2024 Price Decreased $237,000
↓ $10K (4.1%)
Price Decreased
Sep 13, 2024 Listed by Vera Cohen Realty, LLC $247,000
Listed by Vera Cohen Realty, LLC

Property Highlights

Garage
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: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 1,154
  • Building Area: 1,154
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,154
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-MC NUTT AV E-67 S-106-96

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 014002

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 05300600050260000000
  • District: 012689
  • Section: 53.06
  • Parcel: 012689 53.6-5-26
  • Block: 5
  • Lot: 26.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7
  • Longitude: -73.804

    Address

  • Full Address: 65 Mcnutt Ave
  • Address - House Number: 65
  • Address - Street Name: Mcnutt
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Albany
  • Carrier Code: C004
  • 4-Digit Zip Code: 2921
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $445,159
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2545
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 278,267
  • High Value: 349,098
  • Low Value: 207,435

    Market Valuation

  • Market Total Value: $198,000
  • Market Land Value: $49,402
  • Market Improvement Value: $148,598

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $101,000
  • Assessed Land Value: $25,200
  • Assessed Improvements Value: $75,800
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:

$330,000

Sale Price/ft²

$210

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2236 ft²

Average Home Age

91.4 years

Currently For Sale

574 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 831 Washington Ave, Albany, NY, 12206

$1,700 /mo

  • 3 Beds
  • 1 Bath
  • 1,184 ft²
831 Washington Ave #2, Albany, NY, 12206 Listing by Coty L Demers
Unit for rent at 4 Katherine Road, Colonie, NY, 12205

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 908 ft²
4 Katherine Road, Colonie, NY, 12205 Listing by Wayne A Newcomb, Jr.

Rentals Near You

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

Listed by: Alvis Milligan
Vera Cohen Realty, LLC
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202425440
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 65 McNutt Avenue built and last sold?
The property at 65 McNutt Avenue was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 65 McNutt Avenue is $239,370.
What are some comparable homes to 65 McNutt Avenue?
There are currently no comparable homes to 65 McNutt Avenue.
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