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Colonie 12205
7 PINE Avenue
$201,240
● House - Off Market

7 PINE Avenue

Colonie, NY 12205
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,352 Ft²
$278,678
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

If your dream is to live in the Village of Colonie in a home surrounded by a white picket fence and spend those cold winter nights cuddled around the two wood burning fireplaces, and get all that for under $200,000, WELCOME HOME! This home has hardwoods on both floors, open feel throughout, newer siding and windows, and a nice family room for entertaining with kitchenette, fireplace & ½ bath in basement. Owner can heat the entire home with the L.R. fireplace and save big bucks on heating costs. Next day notice preferred. Available for a quick closing. Excellent Condition
Unit Size
1,352 Ft²
Days on Market
28 days
Land Size
0.12 acres
Price per sqft
$140
Property Type
House
Property Taxes
$299
HOA Dues
-
Year Built
1940

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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: 9 months ago (Global MLS #201923140)

Price History

Date / Event Date Event Price
Jul 19, 2019 Sold
Premium
Sold
Jun 21, 2019 Listed by McCurdy Real Estate Group, Inc $189,900
Listed by McCurdy Real Estate Group, Inc

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • 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: 4
  • Garage Square Area: 320
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BIRCHWOOD PARK
  • Land Acres: 0000000120
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 22 N-7A E-6 S-50-28

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013902

Zoning

  • Zoning: 45

Geography

  • Account Number: 02901900030040000000
  • District: 012601
  • Section: 29.19
  • Parcel: 012601 29.19-3-4
  • Block: 3
  • Lot: 4.000
  • Municipality: COLONIE
  • Latitude: 42.7268
  • Longitude: -73.8419

    Address

  • Full Address: 7 Pine Ave
  • Address - House Number: 7
  • Address - Street Name: Pine
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Albany
  • Carrier Code: C008
  • 4-Digit Zip Code: 4303
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $344,243
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2564
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 275,334
  • High Value: 345,938
  • Low Value: 204,730

    Market Valuation

  • Market Total Value: $174,500
  • Market Land Value: $34,900
  • Market Improvement Value: $139,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $89,000
  • Assessed Land Value: $17,800
  • Assessed Improvements Value: $71,200
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 Colonie

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$244

Above Asking

0.00%

Average Days on Market

54

Average Home Size

1663 ft²

Average Home Age

78.5 years

Currently For Sale

8 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 21 Van Heusen Street, Albany, NY, 12205

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
21 Van Heusen Street #2, Albany, NY, 12205 Listing by Daniel Shepard

Rentals Near You

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

Listed by: Patrick M Devaney
McCurdy Real Estate Group, Inc
Last Updated: 9 months ago
Data Source: Global MLS , MLS# 201923140
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 Pine Avenue built and last sold?
The property at 7 Pine Avenue was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 7 Pine Avenue is $0.
What are some comparable homes to 7 Pine Avenue?
There are currently no comparable homes to 7 Pine Avenue.
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