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Troy 12180
7 LOCUST Avenue
$147,000
● House - Off Market

7 LOCUST Avenue

Troy, NY 12180
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$345,375
RealtyHop Estimate
109.45%
Since May 1, 2004
National-US
Primary Model

About This Property

Lovely home near Emma Willard School. Newer cherry cabinet kitchen with dining area, skylite & slider to 3 tiered deck w/pergola, gleaming hardwood floors, lg. bright LR w/blt-in bookcases, custom blinds and shades thru-out. Fenced yard w/shed. Vinyl siding & replcment windows Roof at end of service life - owner concession will be offered. Tax reflects STAR exemption. Very Good Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$236
HOA Dues
-
Year Built
1900

Payment Calculator

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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 #24101796)

Price History

Date / Event Date Event Price
May 19, 2022 Sold
Premium
Sold
Oct 19, 2021 Listed by Garry Doyle Real Estate $220,000
Listed by Garry Doyle Real Estate
Jul 17, 2020 Sold
Premium
Sold
Mar 10, 2020 Listed by Garry Doyle Real Estate $204,900
Listed by Garry Doyle Real Estate
Dec 12, 2011 Sold
Premium
Sold
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,503
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,776
  • Building Area: 1,776
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,776
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 2 STY FR HSE 489-11/19

Neighborhood

  • School District Name: Troy City School District
  • School Tax School District: TROY
  • Census Tract: 041200

Zoning

  • Zoning: R2

Geography

  • Account Number: 0508820
  • District: 381700
  • Section: 112.41
  • Parcel: 381700 112.41-1-16
  • Block: 1
  • Lot: 16.000
  • Municipality: TROY
  • Latitude: 42.7136
  • Longitude: -73.6683

    Address

  • Full Address: 7 Locust Ave
  • Address - House Number: 7
  • Address - Street Name: Locust
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Troy
  • Carrier Code: C005
  • 4-Digit Zip Code: 5123
  • Zip Code: 12180

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $619,193
  • Tax Rate Code Area: 381700

    Appraisal Valuation

  • Standard Deviation: 0.2755
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 60
  • Final Value: 275,307
  • High Value: 351,176
  • Low Value: 199,437

    Market Valuation

  • Market Total Value: $258,600
  • Market Land Value: $24,288
  • Market Improvement Value: $234,312

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,000
  • Assessed Land Value: $17,000
  • Assessed Improvements Value: $164,000

    Sales

  • Current Sale Contract Date: Apr 28, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022-611227
  • Previous Sale Recording Date: Jul 17, 2020
  • Previous Sale Contract Date: Jun 29, 2020
  • Previous Sale Amount: $191,600
  • 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:

$244,900

Sale Price/ft²

$134

Below Asking

0.02%

Average Days on Market

68

Average Home Size

2679 ft²

Average Home Age

119.6 years

Currently For Sale

141 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 122 Pinewoods Avenue, Rensselaer, NY, 12180

$1,900 /mo

  • 6 Beds
  • 1 Bath
  • 1,224 ft²
122 Pinewoods Avenue #2, Rensselaer, NY, 12180 Listing by Dylan Rafferty
Unit for rent at 155 S River St, Troy, NY, 12180

$1,850 /mo

  • 1 Bed
  • 1 Bath
  • 1,330 ft²
155 S River St #DB, Troy, NY, 12180 Listing by Emily Benazzi

Rentals Near You

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

Listed by: Garry Doyle
Garry Doyle Real Estate
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 24101796
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 Locust Avenue built and last sold?
The property at 7 Locust Avenue was built in 1900 and last sold on Apr 28, 2022 for $260,000.
How much is this home worth?
The estimated value of the home located at 7 Locust Avenue is $0.
What are some comparable homes to 7 Locust Avenue?
There are currently no comparable homes to 7 Locust Avenue.
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