For SaleRisky Deal7 days on market
408 New Karner Road
408 New Karner Road, Albany, NY 12205, Colonie, NY 12205
$495,000
Estimate®:$488,300
Listing Price
408 New Karner Road, Albany, NY 12205
Loc: Colonie, NY
Days Listed
7
Tax Assessed
$430k
Estimate®
$488k
Market Rate
Lot Size
0.37 acres
Rent Estimate
$3,023/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
9
Saddlewood Elementary School
PK-4
0.6 mi away
6
Lisha Kill Middle School
5-8
1 mi away
8
Colonie Central High School
9-12
2.6 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
split-levelcolonial-stylevinyl-sidingred-shuttersresidentiallandscaped-lawnlarge-front-yardsuburbanornamental-treeconcrete-stepsmulti-levelwell-maintainedcontemporary-classic
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
3.80%
Total ROI
41.4%
Cash Flow
$-1,001/mo
DSCR
0.61
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-1,001/mo net cash flow with a 3.8% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Colonie, NY
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-17 | Listed for sale | $495,000 | $226 |
| 2023-09-08 | Sold | $475,000 | $217 |
| 2023-07-29 | Pending sale | $439,000 | $200 |
| 2023-07-26 | Listed for sale | $439,000 | $200 |
| 2004-03-15 | Sold | $169,900 | $78 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $0 | $188,000 |
| 2024 | $0 | $188,000 |
| 2023 | $0 | $170,000 |
| 2022 | $0 | $170,000 |
| 2021 | $0 | $170,000 |
| 2020 | $0 | $170,000 |
| 2019 | $0 | $170,000 |
| 2018 | $0 | $170,000 |
| 2017 | $0 | $170,000 |
| 2016 | $0 | $170,000 |
| 2015 | $0 | $170,000 |
| 2014 | $0 | $170,000 |
| 2013 | $0 | $170,000 |
| 2012 | $0 | $170,000 |
| 2011 | $0 | $170,000 |
| 2010 | $0 | $170,000 |
| 2009 | $0 | $163,000 |
| 2008 | $0 | $163,000 |
| 2007 | $0 | $163,000 |
| 2006 | $0 | $163,000 |
| 2005 | $0 | $163,000 |
| 2004 | $0 | $163,000 |
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