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    Property profile & analytics

    162 Overlook Ln Duanesburg, NY 12056

    • Commercial real estate
    • 4,200 SF
    • 30.00 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-0512415
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 162 Overlook Ln

    Year built
    1840
    Lot size
    30.00 lot acres
    Property size
    4,200 SF
    Property type
    Commercial real estate

    Description

    This exceptional 30-acre property in Duanesburg, NY, presents a unique opportunity. The main attraction is a charming 4,200 square-foot, six-bedroom, 3.5-bathroom farmhouse, boasting a gourmet kitchen designed for twelve, a spacious living area with a floor-to-ceiling stone fireplace, and a state-of-the-art theater room. A large two-car garage and a new deck complete with a hot tub provide ample space for relaxation and enjoyment of the stunning sunsets. Beyond the main house, a substantial three-bedroom, two-bathroom renovated guest house offers comfortable accommodations for family or guests. A dedicated recreation building features a bar, pool table, and game tables, perfect for entertaining. A private five-acre stocked lake, complete with a boathouse and two electric boat lifts, adds to the property's allure. The expansive acreage allows for a variety of activities, including horse riding, trail creation, skiing, hiking, swimming, and gardening. Established gardens, artistic stonework, and a beautiful Koi pond with a multi-level waterfall enhance the property's aesthetic appeal. A golf cart is included for convenient navigation of the grounds. The property is zoned GR-3 and offers potential for both investment and primary residence use. Built in 1840, with renovations in 1980, 2001, and 2020, this property comprises four buildings across two stories. The asking price is $765,000. Sellers may include furniture and additional amenities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Duanesburg
    County
    Schenectady
    State
    New York
    Longitude
    -74.0732561
    Latitude
    42.788865

    Comparable in this City

    • Contact for pricing

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      Land with Garage in Altamont

      Land with a 24x40 garage in Altamont, NY.
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    Similar Nearby for Sale

    • Contact for pricing

      6.44 Acre Commercial Parcel

      6.44 acre commercial parcel with high visibility and access.
      Duanesburg Rd, Duanesburg, NY 12056
      View Details
    • $675,000
      5,162 SF

      Duanesburg Commercial Property For Sale

      Income-producing commercial property suitable for office or retail use.
      2241-2275 Duanesburg Rd, Duanesburg, NY 12056
      View Details
    • $80,000

      Cleared Acreage Ready For Building

      1.37 acre approved building lot in a rural area.
      1741 Scotch Ridge Rd, Princetown, NY 12056
      View Details
    • $249,000
      1,804 SF

      Commercial Building Near Retail Hub

      Tenant-occupied commercial building suitable for various small businesses.
      4301 State Highway 30, Esperance, NY 12056
      View Details
    • $119,000
      0.25 Acres

      Land with Garage in Altamont

      Land with a 24x40 garage in Altamont, NY.
      L12.1 Western Tpke, Altamont, NY 12056
      View Details
    • $69,900
      22.05 Acres

      Duanesburg Land with Woods

      22.05 acres with woods, open spaces, well, and electricity.
      L16.4 Duanesberg Rd, Duanesburg, NY 12056
      View Details
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    162 Overlook Ln
    Duanesburg, NY 12056
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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