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Albany 12203
117 Marjorie Drive
Photo of 117 Marjorie Drive
Sold on Nov 26, 2024

1

Map

$374,900
● House - Off Market

117 Marjorie Drive

Guilderland, NY 12203
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,700 Ft²
$2,393
Est. Monthly
3.68%
Cap Rate

About This Property

Imagine owning a home in a peaceful neighborhood that's close to everything. This move-in ready house boasts three bedrooms, an updated kitchen, and 2.5 bathrooms. The massive primary suite comes with a huge closet. The backyard is perfect for entertaining, featuring a large Trex deck and an in-ground pool with a new liner, main drain, and skimmer installed in the last two years. The front and back gardens are adorned with beautiful roses and hydrangeas. Additionally, the house has a dry basement with French drains and a newly installed sump pump with a new battery backup.
Unit Size
1,700 Ft²
Days on Market
49 days
Land Size
0.26 acres
Price per sqft
$221
Property Type
House
Property Taxes
$551
HOA Dues
-
Year Built
1949

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 11 days ago (Global MLS #202427005)

Price History

Date / Event Date Event Price
Nov 26, 2024 Sold
Premium
Sold
Oct 27, 2024 In contract -
In contract
Oct 23, 2024 Price Decreased $374,900
↓ $25K (6.3%)
Price Decreased
Oct 8, 2024 Listed by KW Platform $399,900
Listed by KW Platform
Oct 27, 2014 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 11,200
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,700
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000257
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 17 MA 17 MARJORIE DR

Neighborhood

  • School District Name: Guilderland Central School District
  • School Tax School District: GUILDERLAND
  • Census Tract: 014609

Zoning

  • Zoning: R15

Geography

  • Account Number: 06301100020270000000
  • District: 013089
  • Section: 63.11
  • Parcel: 013089 63.11-2-27
  • Block: 2
  • Lot: 27.000
  • Municipality: GUILDERLAND (TOV)
  • Latitude: 42.6703
  • Longitude: -73.8438

    Address

  • Full Address: 117 Marjorie Dr
  • Address - House Number: 117
  • Address - Street Name: Marjorie
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Albany
  • Carrier Code: C022
  • 4-Digit Zip Code: 5924
  • Zip Code: 12203

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $691,086
  • Tax Rate Code Area: 013002

    Appraisal Valuation

  • Standard Deviation: 0.2403
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 335,401
  • High Value: 416,020
  • Low Value: 254,781

    Market Valuation

  • Market Total Value: $288,235
  • Market Land Value: $57,647
  • Market Improvement Value: $230,588

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,000
  • Assessed Land Value: $49,000
  • Assessed Improvements Value: $196,000

    Sales

  • Current Sale Contract Date: Oct 14, 2014
  • Current Sale Recording Date: Oct 27, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11715943
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Albany

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$210

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2236 ft²

Average Home Age

91.4 years

Currently For Sale

574 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 17 Henry Street, Guilderland, NY, 12203

$1,700 /mo

  • 2 Beds
  • 1 Bath
  • 1,103 ft²
17 Henry Street, Guilderland, NY, 12203 Listing by Vincent F Padula

Rentals Near You

Click here to view more rentals in the neighborhood.
Global MLS

Listed by: David T Schwartz
KW Platform
Last Updated: 11 days ago
Data Source: Global MLS , MLS# 202427005
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 117 Marjorie Drive built and last sold?
The property at 117 Marjorie Drive was built in 1949 and last sold on Oct 14, 2014 for $219,000.
How much is this home worth?
The estimated value of the home located at 117 Marjorie Drive is $378,649.
What are some comparable homes to 117 Marjorie Drive?
There are currently no comparable homes to 117 Marjorie Drive.
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