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Menands 12204
7 GIBBS Circle
$435,000
● House - Off Market

7 GIBBS Circle

Menands, NY 12204
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$985,757
RealtyHop Estimate
119.11%
Since Aug 1, 2011
National-US
Primary Model

About This Property

STUNNING NEW KITCHEN,STAINLESS APPLIANCES AND GRANITE ALSO FEATURING AN OPEN AND BRIGHT FLOOR PLAN, TWO FIREPLACES,GLEAMING HARDWOOD FLOORS.NEW FURNACE,CA,CARPET,FRESHLY PAINTED,MULTI-LEVEL DECKS,BEAUTIFUL WOODED LOT  ON CUL DE SAC,WELL MANICURED GARDEN.IMMEDIATELY AVAILABLE. Superior Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$866
HOA Dues
-
Year Built
1985

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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 #201028849)

Price History

Date / Event Date Event Price
Jul 27, 2011 Sold
Premium
Sold
Sep 14, 2010 Listed by Coldwell Banker Prime Properties $449,900
Listed by Coldwell Banker Prime Properties
Jul 24, 2002 Sold
Premium
Sold
May 1, 2002 Listed by Coldwell Banker Prime Properties $379,000
Listed by Coldwell Banker Prime Properties

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • 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: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 624
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0
  • Location Influence Type: 22

    Dimensions

  • Lot Size Square Feet: 26,136
  • Total Building Area: 3,159
  • Building Area: 3,159
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,159
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK HILL ESTATES SUBDIVISION
  • Land Acres: 0000000600
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 8 N-PARK CIRCLE E-9 N-31-41

Neighborhood

  • School District Name: Menands Union Free School District
  • School Tax School District: MENANDS
  • Census Tract: 013602

Zoning

  • Zoning: 72

Geography

  • Account Number: 05500900020080000000
  • District: 012603
  • Section: 55.09
  • Parcel: 012603 55.9-2-8
  • Block: 2
  • Lot: 8.000
  • Municipality: MENANDS
  • Latitude: 42.6894
  • Longitude: -73.7371

    Address

  • Full Address: 7 Gibbs Cir
  • Address - House Number: 7
  • Address - Street Name: Gibbs
  • Address - Suffix Type: Cir
  • State: NY
  • City Name: Albany
  • Carrier Code: C003
  • 4-Digit Zip Code: 2234
  • Zip Code: 12204

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,316,274
  • Tax Rate Code Area: 012615

    Appraisal Valuation

  • Standard Deviation: 0.2351
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 675,242
  • High Value: 834,039
  • Low Value: 516,445

    Market Valuation

  • Market Total Value: $637,300
  • Market Land Value: $159,325
  • Market Improvement Value: $477,975

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,000
  • Assessed Land Value: $81,250
  • Assessed Improvements Value: $243,750

    Sales

  • Current Sale Contract Date: Jul 22, 2011
  • Current Sale Recording Date: Jul 27, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10928286
  • Previous Sale Recording Date: Jul 24, 2002
  • Previous Sale Contract Date: Jul 15, 2002
  • Previous Sale Amount: $379,000
  • 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 Menands

Stats & Trends

Median Asking:

$569,500

Sale Price/ft²

$226

Below Asking

0.02%

Average Days on Market

75

Average Home Size

2782 ft²

Average Home Age

71.5 years

Currently For Sale

10 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: Jeanne M Fitzgerald
Coldwell Banker Prime Properties
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201028849
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 7 Gibbs Circle built and last sold?
The property at 7 Gibbs Circle was built in 1985 and last sold on Jul 22, 2011 for $435,000.
How much is this home worth?
The estimated value of the home located at 7 Gibbs Circle is $0.
What are some comparable homes to 7 Gibbs Circle?
There are currently no comparable homes to 7 Gibbs Circle.
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