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Albany 12211
7 ROBINSON Lane
$238,500
● House - Off Market

7 ROBINSON Lane

Colonie, NY 12211
bedrooms
3 Beds
bathrooms
1 Bath
$264,299
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Beautifully UPDATED!! 3 BDRM, 1 FULL BATH CAPE COD STYLE! Large DOUBLE LOT making this desirable-- could potentially be subdivided. Complete remodel with brand new bath. All new wood vinyl flooring. WOOD CEILING BEAMS. NEW CARPETING. FRESHLY PAINTED. NEWER VINYL REPLACEMENT WINDOWS. 1ST FLR LAUNDRY RM. 12 X20 HEATED MUD RM. SLIDING GLASS DOOR EXITS TO CONCRETE PATIO.   MODERN choices gives this home a RUSTIC FARMHOUSE FEEL --FINISH THIS BEAUTY WITH YOUR DECOR!!   List agent two is owner. Very Good Condition
Unit Size
-
Days on Market
-
Land Size
0.27 acres
Price per sqft
-
Property Type
House
Property Taxes
$353
HOA Dues
-
Year Built
1932

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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 #202126461)

Price History

Date / Event Date Event Price
Dec 10, 2021 Sold
Premium
Sold
Aug 18, 2021 Listed by KW Platform $239,900
Listed by KW Platform
Apr 22, 2021 Sold
Premium
Sold
Dec 23, 2020 Listed by KW Platform $129,900
Listed by KW Platform

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 260
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,220
  • Building Area: 1,220
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,220
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-3 E-ROBINSON LA S-68-94

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013706

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 04300300010470000000
  • District: 012689
  • Section: 43.03
  • Parcel: 012689 43.3-1-47
  • Block: 1
  • Lot: 47.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7059
  • Longitude: -73.7735

    Address

  • Full Address: 7 Robinson Ln
  • Address - House Number: 7
  • Address - Street Name: Robinson
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Albany
  • Zip Code: 12211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $424,453
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2381
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 279,219
  • High Value: 345,717
  • Low Value: 212,720

    Market Valuation

  • Market Total Value: $190,600
  • Market Land Value: $47,650
  • Market Improvement Value: $142,950

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,200
  • Assessed Land Value: $24,300
  • Assessed Improvements Value: $72,900

    Sales

  • Current Sale Contract Date: Dec 07, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 37487
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

2231 ft²

Average Home Age

91.4 years

Currently For Sale

569 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 28 Everett Rd Ext, Colonie, NY, 12205

$1,850 /mo

  • 1 Bed
  • 1 Bath
  • 832 ft²
28 Everett Rd Ext, Colonie, NY, 12205 Listing by Laura Crisafulli

Rentals Near You

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

Listed by: Joseph F Lombardo
KW Platform
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202126461
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 Robinson Lane built and last sold?
The property at 7 Robinson Lane was built in 1932 and last sold on Dec 7, 2021 for $238,500.
How much is this home worth?
The estimated value of the home located at 7 Robinson Lane is $242,299.
What are some comparable homes to 7 Robinson Lane?
There are currently no comparable homes to 7 Robinson Lane.
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