40 Loudon Pkwy Albany, NY 12211

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4 beds · 2 baths · 2,064 sq ft · Lot Size: 17,860 sq ft · Single Family Home · Loudonville
Est. Property Value: $538,684

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40 Loudon Pkwy is in the Loudonville neighborhood of Albany, NY. It is located in Albany County and ZIP code 12211. This Single Family Home was built in 1940 and is approximately 85 years old. The single family home spans 2064 sq ft with 4 bedrooms and 2 bathrooms and sits on a 17860 sq ft lot. According to public records, it has a tax-assessed value of $358,800, which is $261 per sq ft. The Loudonville area of Albany has 1504 residential homes with an average size of 2356 sq ft. Analyze and compare real estate investment strategies for properties like this home at 40 Loudon Pkwy Albany, NY 12211 with Property Intel by Whitepages.

40 Loudon Pkwy

Albany, NY 12211

Owner Info

Owners & Occupancy for 40 Loudon Pkwy

This property is owned by Donna G Reed. Owner contact information includes 4 phone numbers and 4 email addresses.

Property Owners

Cell Phone(518) ***-****View Cell Phone
Residence**********
Landline(585) 396-1902
Distance from Property**********
Email Address*******@nycap.rr.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1************ age 74
Resident 2************** age 68

Property Financials for 40 Loudon Pkwy

40 Loudon Pkwy, Albany, NY has no known mortgage. The Albany county assessment for 2023 values it at $358,800, with annual taxes of $7,318.

Property Tax

Property Tax Amount$7,318 in 2024
Assessed Value$358,800 on 2023

Investment Potential for 40 Loudon Pkwy

The property has a current estimated value of $538,684, which is 6% below the neighborhood median. Projected long-term rental income is $34,200 annually ($2,850 per month) with a 94% occupancy rate.

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Long-Term

Gross Rental
$34,200 per year($2,850 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 12211 zip code
 
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Property Details for 40 Loudon Pkwy

Property Details

Property Sq Ft

Living Area

2,064 sq ft

12% below market

Lot Size

17,860 sq ft

5% above market

Price Per Sq Ft

Living Area

$261 / sq ft

4% above market

Lot Size Area

$30 / sq ft

10% below market

Property condition, age, exterior, etc. for 40 Loudon …
Longitude: -73.762339 Latitude: 42.700036 Parcel Number (APN): 012689-043-003-0008-013-000-0000…

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Market Benchmarks

Compare data for 40 Loudon Pkwy in Albany County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$538,684
$358,873
$179,811 (50%)
$559,592
$620,813 (111%)
YoY Price Change
2.27%
-214%
Year Built
1940
1964
-24 years
Living Space
2,064 sq ft
2,207 sq ft
-143 (-6%)
$ Per Living Sq Ft
$261
$163
$98 (60%)
Lot Size
17,860 sq ft
20,473 sq ft
-2613 (-13%)
$ Per Lot Sq Ft
$30
$19
$12 (63%)

Net Operating Income
$21,431
-$3,034 (-14%)
Annual Revenue
$34,200
$38,400
-$4,200 (-11%)
$15,793
$10 (0%)
Net Operating Income
$21,431
-$3,034 (-14%)
Cap Rate
6.54%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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