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Albany 12211
8 Ethel Drive
$375,000
● House - Off Market

8 Ethel Drive

Colonie, NY 12211
bedrooms
4 Beds
bathrooms
2 Baths
$334,732
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Seller is related to the agent.  Wonderful Ashley Ranch on quiet dead end street in Loudonville!  4 bedroom, 2 full bath, hardwood floors throughout the main floor.  4th bedroom above the garage is carpeted.  Dining room has sliders to a deck overlooking the flat fenced in back yard.   Full dry basement walks out to a mudroom off of the 1 car attached garage.  Large rooms, big closets! Central air, ceramic tiled bathrooms.  Open Sunday 4/2  12-2 pm
Unit Size
-
Days on Market
-
Land Size
0.28 acres
Price per sqft
-
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1969

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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 #202313818)

Price History

Date / Event Date Event Price
May 3, 2023 Sold
Premium
Sold
Mar 27, 2023 Listed by North 40 Real Estate LLC $329,000
Listed by North 40 Real Estate LLC

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,294
  • Building Area: 1,294
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,294
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-6 E-448 S-93-97

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013709

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 04301700030220000000
  • District: 012689
  • Section: 43.17
  • Parcel: 012689 43.17-3-22
  • Block: 3
  • Lot: 22.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7014
  • Longitude: -73.7772

    Address

  • Full Address: 8 Ethel Dr
  • Address - House Number: 8
  • Address - Street Name: Ethel
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Albany
  • Carrier Code: C007
  • 4-Digit Zip Code: 2208
  • Zip Code: 12211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $410,712
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.1105
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 88
  • Final Value: 390,186
  • High Value: 433,329
  • Low Value: 347,043

    Market Valuation

  • Market Total Value: $209,800
  • Market Land Value: $52,548
  • Market Improvement Value: $157,252

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $107,000
  • Assessed Land Value: $26,800
  • Assessed Improvements Value: $80,200

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 27, 2023
  • Current Sale Recording Date: May 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 8019
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:

$329,900

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2249 ft²

Average Home Age

91.1 years

Currently For Sale

551 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 13 Southgate Road, Loudonville, NY, 12211

$2,800 /mo

  • 4 Beds
  • 1 Bath
  • 1,400 ft²
13 Southgate Road, Loudonville, NY, 12211 Listing by Linda Yetto

Rentals Near You

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

Listed by: Karen Relation
North 40 Real Estate LLC
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202313818
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 8 Ethel Drive built and last sold?
The property at 8 Ethel Drive was built in 1969 and last sold on Apr 27, 2023 for $375,000.
How much is this home worth?
The estimated value of the home located at 8 Ethel Drive is $0.
What are some comparable homes to 8 Ethel Drive?
There are currently no comparable homes to 8 Ethel Drive.
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