756 State Rte 40Melrose, NY 12121

  • Retail properties
  • 1,356 SF
Off market
$3,406,300 Estimated

Property Details for 756 State Rte 40

Year built
1975
Lot size
0.34 AC
Property size (Sq ft)
1,356 SF
Zone code
HD
Property type
Retail properties
Property subtype
Auto shops
APN
384289 51.2-3-35
APU
384289512335

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $495,172
    6.5%
    $457,081
    7%
    $424,433
  • Comparable approach

    Method
    Valuation
    Relative Method
    $449,482
    Geo Method
    $446,481
  • Alternative Use

    Use
    Valuation
    Residential
    $385,565
    Hospitality
    $353,176
    Educational
    $293,838
    Medical
    $303,944
    Retail
    $457,081
756 State Rte 40, Melrose, New York
Leaflet | © OpenStreetMap contributors

Location Insight

City
Melrose
County
Rensselaer
State
New York
Latitude
42.8417
Longitude
-73.6234
CBSA code
10580
CBSA name
ALBANY-SCHENECTADY-TROY, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$7,500
$17,900
$25,400
-
$46,729
$111,526
$158,255

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