2 Harold Drive, Altamont, NY 12009
MULTI_FAMILY - Other - Altamont, NY
- Added:
- Mar 12, 2026
- Days on Market:
- 110
- Last Refresh:
- Jun 29 at 1:06 am
Property Features for 2 Harold Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2
- Parking
- 8
- Parking features
- Garage
- Patio and Porch features
- Porch
- Fireplace
- 1
- Basement
- Full, Sump Pump, Unfinished
- Standard status
- Active
- APN
- 013200 69.-1-10
- Size
- 1,632 SF
- Lot size
- 11.00 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6675
Utilities
- Sewer type
- Septic Tank
- Heating system
- Forced Air, Propane (Heating)
- Water source
- Well
- Water front features
- Pond
Building Details
- Year built
- 1952
- Number of units
- 3
- Flooring type
- Hardwood, Vinyl
- Building materials
- Vinyl Siding
- Roof type
- Shingle, Asphalt, Metal
- Architectural style
- Other
- Additional Structures
- Greenhouse
Listing agent Nicholas Khachadourian License #10301220908 (518) 649-2989
Listing office KW Platform 935 New Loudon Rd, Latham, NY (518) 724-5800
Listing date Mar 12, 2026
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two parcels totaling 11.48 acres, just minutes from the Village of Altamont
- Updated single‑family home with 4 bedrooms and 1 bath
- Hardwood floors and a brick fireplace in the single‑family home
- Includes a gutted two‑family residence for renovation and additional income potential
- Multiple outbuildings plus a private pond
- Well water and septic tank; propane forced‑air heating; vinyl siding; metal/shingle/asphalt roof
Overview
The property is located at 2 Harold Drive in Altamont, New York (Albany County). A private pond is also on-site, adding to the overall countryside setting.
For buyers and operators looking for a blended-use residential setup, the combination of a move-in ready single-family home and a second residence framed for renovation can support a variety of occupancy and income scenarios. The presence of outbuildings may be helpful for day-to-day storage needs or plans related to farming or livestock, depending on what the buyer chooses to implement.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.4k | $17.40 |
| − Vacancy | −$1.5k | −$0.90 |
| EGI | $26.9k | $16.50 |
| − OpEx | −$8.1k | −$4.95 |
| NOI | $18.8k | $11.55 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Altamont
- County
- Albany
- State
- New York
- Longitude
- -74.088714
- Latitude
- 42.647738
