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Cohoes 12047
8 Hamilton Place
$313,000
● House - Off Market

8 Hamilton Place

Cohoes, NY 12047
bedrooms
4 Beds
bathrooms
2 Baths
$325,341
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Possibilities are endless in this huge ~4,000sqft home in heart of Cohoes w/ 6 garages (2 which are 2x in height and length!). All garages stay well above freezing all winter- a perfect place to store motorized toys, work/hobby projects, or, rent out for extra income. The main house offers several large living areas, family room w/ fireplace, pool table room, the list goes on. Throughout you'll find rich, flawless woodwork, refinished hardwoods, 4-yr young windows & a newer roof. A private trex deck and manicured courtyard-style yard are the perfect addition. Currently a large single family w/ in-law, this property is zoned multi-family and can easily convert to a 2-family or 3+unit w/ city approval. Built solid and strong w/ poured concrete walls, it is very unique and not to be missed!
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$568
HOA Dues
-
Year Built
1900

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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: 3 years ago (Global MLS #202218609)

Price History

Date / Event Date Event Price
Jul 27, 2022 Sold
Premium
Sold
May 25, 2022 Listed by Field Realty $318,000
Listed by Field Realty
Dec 29, 2021 No longer available -
No longer available
Nov 17, 2021 Price Decreased $289,900
↓ $10K (3.3%)
Price Decreased
Sep 27, 2021 Listed by Field Realty $299,900
Listed by Field Realty
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 2
  • 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: 17
  • Parking Space Count: 6
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,145
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,015
  • Total Building Area: 3,960
  • Building Area: 3,960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,960
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000232
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Cohoes City School District
  • School Tax School District: COHOES
  • Census Tract: 012900

Zoning

  • Zoning: 03 - MULTI

Geography

  • Account Number: 01004200010120000000
  • District: 010300
  • Section: 10.42
  • Parcel: 010300 10.42-1-12
  • Block: 1
  • Lot: 12.000
  • Municipality: COHOES
  • Latitude: 42.7796
  • Longitude: -73.7093

    Address

  • Full Address: 8 Hamilton Pl
  • Address - House Number: 8
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Cohoes
  • Carrier Code: C004
  • 4-Digit Zip Code: 1908
  • Zip Code: 12047

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $581,839
  • Tax Rate Code Area: 010300

    Appraisal Valuation

  • Standard Deviation: 0.1105
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 88
  • Final Value: 299,496
  • High Value: 332,611
  • Low Value: 266,380

    Market Valuation

  • Market Total Value: $267,000
  • Market Land Value: $24,000
  • Market Improvement Value: $243,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,800
  • Assessed Land Value: $9,600
  • Assessed Improvements Value: $97,200

    Sales

  • Current Sale Contract Date: Jul 25, 2022
  • Current Sale Recording Date: Jul 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17741
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 Cohoes

Stats & Trends

Median Asking:

$260,000

Sale Price/ft²

$150

Below Asking

0.02%

Average Days on Market

70

Average Home Size

1977 ft²

Average Home Age

111.9 years

Currently For Sale

20 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 12 White Street, Cohoes, NY, 12047

$2,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,790 ft²
12 White Street #3132, Cohoes, NY, 12047 Listing by Todd A Drake

Rentals Near You

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

Listed by: Johanna Clarke
Field Realty
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202218609
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 Hamilton Place built and last sold?
The property at 8 Hamilton Place was built in 1900 and last sold on Jul 25, 2022 for $313,000.
How much is this home worth?
The estimated value of the home located at 8 Hamilton Place is $321,180.
What are some comparable homes to 8 Hamilton Place?
There are currently no comparable homes to 8 Hamilton Place.
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