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Albany
783 CR 1
$155,000
● House - Off Market

783 CR 1

Berne, NY 12023
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,292 Ft²
$805
Est. Monthly
14.43%
Cap Rate

About This Property

***Multiple offers, highest & best due Monday 8/12 by 7PM*****Incredible opportunity to own a cozy 3-bedroom, 1-bath home in the serene Hilltowns, just a short walk from Onderdonk Lake. This home features spacious rooms, beautiful hardwood floors, and a newer roof. A 2-car detached garage provides ample storage and parking. Located within the highly regarded BKW school district, this property offers both tranquility and convenience, all with the benefit of low taxes. Don't miss out on this rare find!
Unit Size
1,292 Ft²
Days on Market
41 days
Land Size
0.25 acres
Price per sqft
$108
Property Type
House
Property Taxes
$118
HOA Dues
-
Year Built
1950

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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: 2 years ago (Global MLS #202423101)

Price History

Date / Event Date Event Price
Sep 18, 2024 Sold
Premium
Sold
Aug 15, 2024 In contract -
In contract
Aug 8, 2024 Listed by CM Fox Real Estate $139,900
Listed by CM Fox Real Estate

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • 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: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Frontage Feet: 1,310
  • Total Building Area: 1,292
  • Building Area: 1,292
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,292
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: INCLUDES 115.3-1-8

Neighborhood

  • School District Name: Berne-Knox-Westerlo Central School District
  • School Tax School District: BERNE-KNOX
  • Census Tract: 014803

Zoning

  • Zoning: RH

Geography

  • Account Number: 11500300010070000000
  • District: 013800
  • Section: 115.03
  • Parcel: 013800 115.3-1-7
  • Block: 1
  • Lot: 7.000
  • Municipality: WESTERLO
  • Latitude: 42.5522
  • Longitude: -74.0846

    Address

  • Full Address: 783 County Route 1
  • Address - House Number: 783
  • Address - Street Name: County Route 1
  • State: NY
  • City Name: Berne
  • Carrier Code: R001
  • 4-Digit Zip Code: 4206
  • Zip Code: 12023

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $204,212
  • Tax Rate Code Area: 012001

    Appraisal Valuation

  • Standard Deviation: 0.1966
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 73
  • Final Value: 173,980
  • High Value: 208,201
  • Low Value: 139,759

    Market Valuation

  • Market Total Value: $113,300
  • Market Land Value: $23,441
  • Market Improvement Value: $89,859

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $725
  • Assessed Land Value: $150
  • Assessed Improvements Value: $575
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

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Global MLS

Listed by: Leanne Royer
CM Fox Real Estate
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202423101
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 783 County Rd 1 built and last sold?
The property at 783 County Rd 1 was built in 1950 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 783 County Rd 1 is $0.
What are some comparable homes to 783 County Rd 1?
There are currently no comparable homes to 783 County Rd 1.
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