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Albany 12211
74 SOUTHGATE Road
$230,000
● House - Off Market

74 SOUTHGATE Road

Colonie, NY 12211
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$340,171
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model

About This Property

This home is located in a much desired neighborhood in North Colonie. Has been very well maintained and loved for many years! Gorgeous hardwood floors throughout. Huge 3 season sun room with ornamental wood stove. Recessed lighting. Kitchen has stainless appliances. Paddle fans throughout. Central air conditioning. Spacious bedrooms. Lots of closet space plus extra built-in storage space. Basement is partially finished with rec room, bar area for entertaining, work shop and laundry area. Large private yard with covered patio. Short distance to the Crossings and schools a huge plus!! Open House 6/29...11-1pm. Very Good Condition
Unit Size
-
Days on Market
-
Land Size
0.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1953

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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 #201923439)

Price History

Date / Event Date Event Price
Aug 16, 2019 Sold
Premium
Sold
Jun 25, 2019 Listed by Neudecker Realty $232,000
Listed by Neudecker Realty

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 220
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,410
  • Building Area: 1,410
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,410
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LF EST CONBOY SYLVIA G N-76 E-SO GATE RD C-19-96

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013707

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 03100300060110000000
  • District: 012689
  • Section: 31.03
  • Parcel: 012689 31.3-6-11
  • Block: 6
  • Lot: 11.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.723
  • Longitude: -73.7818

    Address

  • Full Address: 74 Southgate Rd
  • Address - House Number: 74
  • Address - Street Name: Southgate
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Albany
  • Carrier Code: C003
  • 4-Digit Zip Code: 1107
  • Zip Code: 12211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $449,401
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 308,825
  • High Value: 383,965
  • Low Value: 233,684

    Market Valuation

  • Market Total Value: $213,700
  • Market Land Value: $53,327
  • Market Improvement Value: $160,373

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,000
  • Assessed Land Value: $27,200
  • Assessed Improvements Value: $81,800
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

$209

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2231 ft²

Average Home Age

91.3 years

Currently For Sale

576 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 42 Oakwood Drive, Colonie, NY, 12205

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 825 ft²
42 Oakwood Drive, Colonie, NY, 12205 Listing by Bryan Gautie
Unit for rent at 940 New Loudon Road, Latham, NY, 12110

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
940 New Loudon Road, Latham, NY, 12110 Listing by Quinn M Mitchell

Rentals Near You

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

Listed by: Donald A Neudecker
Neudecker Realty
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201923439
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 74 Southgate Road built and last sold?
The property at 74 Southgate Road was built in 1953 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 74 Southgate Road is $0.
What are some comparable homes to 74 Southgate Road?
There are currently no comparable homes to 74 Southgate Road.
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