38 Loudon Pkwy Albany, NY 12211

3 beds · 2 baths · 1,899 sq ft · Lot Size: 17,424 sq ft · Single Family Home · Loudonville
Est. Property Value: $510,967

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38 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 1942 and is approximately 83 years old. The single family home spans 1899 sq ft with 3 bedrooms and 2 bathrooms and sits on a 17424 sq ft lot. According to public records, it was last sold in 2024 for $437,000 and has a tax-assessed value of $351,000, which is $269 per sq ft. The Loudonville area of Albany has 1646 residential homes with an average size of 1540 sq ft. Analyze and compare real estate investment strategies for properties like this home at 38 Loudon Pkwy Albany, NY 12211 with Property Intel by Whitepages.

38 Loudon Pkwy

Albany, NY 12211

Neighborhood

Owners & Occupancy for 38 Loudon Pkwy

No contact information is available.

Occupancy

Resident 1******************* age 34

Property Financials for 38 Loudon Pkwy

38 Loudon Pkwy, Albany, NY has a mortgage from Cliffco Mtg Bankers (orig. October 07, 2024). The Albany county assessment for 2023 values it at $351,000, with annual taxes of $7,410.

Mortgage & Equity Information

Loan Amount$******
LenderCliffco Mtg Bankers
Origination DateOctober 07, 2024
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date*****************
Equity
View Equity

Property Tax

Purchase DateOctober 07, 2024
Property Tax Amount$7,410 in 2024
Purchase Price$437,000
Assessed Value$351,000 on 2023

Investment Potential for 38 Loudon Pkwy

The property has a current estimated value of $510,967, which is 31% above the neighborhood median, based on public records. It last sold on October 07, 2024 for $437K. Projected long-term
is $58,800 annually ($4,900 per month) with a 94% occupancy rate.

Discover more Single Family Homes in Loudonville.

Long-Term

Gross Rental
$58,800 per year($4,900 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 12211 zip code
 
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Property Details for 38 Loudon Pkwy

Property Details

Property Sq Ft

Living Area

1,899 sq ft

23% above market

Lot Size

17,424 sq ft

25% above market

Price Per Sq Ft

Living Area

$269 / sq ft

4% above market

Lot Size Area

$29 / sq ft

2% above market

Property condition, age, exterior, etc. for 38 Loudon …
Longitude: -73.762473 Latitude: 42.700267 Parcel Number (APN): 012689-043-003-0008-012-000-0000…

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Market Benchmarks

Compare data for 38 Loudon Pkwy in Albany County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$510,967
$232,020
$278,946 (120%)
$371,867
$747,801 (201%)
YoY Price Change
2.53%
-211%
Year Built
1942
1960
-18 years
Living Space
1,899 sq ft
1,541 sq ft
358 (23%)
$ Per Living Sq Ft
$269
$155
$114 (74%)
Lot Size
17,424 sq ft
16,117 sq ft
1307 (8%)
$ Per Lot Sq Ft
$29
$15
$15 (98%)

Net Operating Income
$23,800
$15,983 (67%)
Annual Revenue
$58,800
$36,000
$22,800 (63%)
$11,879
$7,138 (60%)
Net Operating Income
$23,800
$15,983 (67%)
Cap Rate
10.54%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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