NOT LISTED FOR SALE

235 Old Loudon Rd Latham, NY 12110

5 Beds
5 Baths
2,280 Sq Ft
0.53 Acres

Last Sold January 01, 2014

Last sale price $205,000 $90 Per Sq Ft

94 Days on Market

Highlights

  • Senior Community
  • No HOA
  • Heating System Uses Natural Gas
  • Corner Lot
  • Window Unit Cooling System

About This Home

As of January 2014

Extremely rare 5 unit property in the heart of Latham! Just seconds from the Latham Circle and Northway. Great money maker with a current 10% Cap rate. The property needs some cosmetic work but the bones are solid! Don't miss out on this gem! Contact listing agent for a full Pro Forma and more information. Need 24 hour notice before all showings.

Last Agent to Sell the Property

Peter Tryon

Field Realty Listed on: 08/06/2013

Last Buyer's Agent

Peter Tryon

Field Realty Listed on: 08/06/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,509

Year Built

  • Built in 1939

Lot Details

  • 0.53 Acre Lot
  • Corner Lot

Parking

  • 5 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • Basement Fills Entire Space Under The House

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System

Listing and Financial Details

  • Legal Lot and Block 1 / 6
  • Assessor Parcel Number 012689 19-6-1

Community Details

Overview

  • Senior Community
  • No Home Owners Association

Building Details

  • Insurance Expense $1,331

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,509

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 1547.0
  • Year Built: 1939
  • Directions: TAKE EXIT 6 OFF OF THE NORTHWAY. MAKE LEFT ON OLD LOUDON RD. HOUSE IS ON CORNER OF OLD LOUDON RD AND AUSTIN AVE.
  • Above Grade Finished Sq Ft: 2280.0
  • Architectural Style: Other, See Remarks
  • Financial Details General Taxes: 1784.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 2806.0
  • Lot Size Acres: 0.53
  • Parking Features Parking Total: 5.0
  • Possession Possession Legacy: CLOSING
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Electric Expense Description: Actual
  • Gas Expense Description: Actual
  • Insurance Expense Description: Actual
  • Income: 38160.0
  • Number of Refrigerators: 5
  • Unit Information Number Of Stoves: 5
  • Special Features: None

Interior Features

  • Basement: Full
  • Below Grade Sq Ft: 1680.0
  • Living Area: 2280.0
  • Full Basement: Yes
  • Unit 2 Owner Furnish Features:Electricity5: Yes
  • Unit 2 Owner Furnish Features:Gas7: Yes
  • Unit 2 Owner Furnish Features:Heat4: Yes
  • Unit 2 Owner Furnish Features:Hot Water5: Yes
  • Unit 1 Owner Furnish Features:Heat3: Yes
  • Unit 1 Owner Furnish Features:Hot Water4: Yes
  • Unit 3 Owner Furnish Features:Heat5: Yes
  • Unit 3 Owner Furnish Features:Hot Water6: Yes
  • Unit 4 Owner Furnish Features:Heat6: Yes
  • Unit 4 Owner Furnish Features:Hot Water7: Yes
  • Unit 5 Owner Furnish Features:Heat7: Yes
  • Unit 5 Owner Furnish Features:Hot Water8: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 1 Owner Furnish Features:Electricity4: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 5 Owner Furnish Features:Trash6: Yes
  • Unit 1 Owner Furnish Features:Gas6: Yes
  • Unit 3 Owner Furnish Features:Electricity6: Yes
  • Unit 3 Owner Furnish Features:Gas8: Yes
  • Unit 4 Owner Furnish Features:Electricity7: Yes
  • Unit 4 Owner Furnish Features:Gas9: Yes
  • Unit 5 Owner Furnish Features:Electricity8: Yes
  • Unit 5 Owner Furnish Features:Gas10: Yes

Exterior Features

  • Construction Type: Vinyl Siding
  • Lot Features:Corner Lot: Yes
  • Construction Materials:Vinyl Siding: Yes

Garage/Parking

  • Total Parking Spaces: 5.0

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Radiant, Natural Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Radiant: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 2656.0

Schools

  • Junior High Dist: North Colonie (including Maplewood)

Lot Info

  • Lot Features: Corner Lot
  • Parcel #: 012689 19-6-1
  • Lot Size Sq Ft: 23086.8
  • ResoLotSizeUnits: Acres

Multi Family

  • Insurance Expense: 1331.0

Tax Info

  • Tax Annual Amount: 4509.0
  • Tax Block: 6
  • Tax Lot: 1
  • Tax Tract: 19

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/01/2014 01/01/14 Sold $205,000 -18.0% $90 / Sq Ft
11/08/2013 11/08/13 Pending -- -- --
08/06/2013 08/06/13 For Sale $249,900 -- $110 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 201326029

Global MLS