1
Map
$825,000
●
House -
Off Market
118 Spring Road
Glenville, NY 12302
5 Beds
4 Baths,
1
Half Bath
6,088 Ft²
$4,905
Est. Monthly
5.73%
Cap Rate
About This Property
OPEN HOUSE FOR MAY 18th HAS BEEN CANCELED Custom Home Designed for
Living Well! Set on 2 acres in the Scotia-Glenville School
District, this warm and character-filled home features hardwood
flooring, an updated kitchen, 5 bedrooms (one on the main level),
lofts in every upstairs room, and over 4,000 sq ft of living space.
Host epic game nights in the 1,700 sq ft recreation room with space
for billiards, movie nights, and more. Step outside to an
entertainer's dream with an inground pool, hot tub, and a 60x70
garden ready for your veggies, fruit, and flowers. The 6-car garage
is perfect for hobbyists or car lovers. Geothermal heating/cooling
offers year-round efficiency. An adjacent parcel is also available,
inquire for pricing.
Unit Size
6,088 Ft²
Days on Market
75 days
Land Size
2.00 acres
Price per sqft
$123
Property Type
House
Property Taxes
$1,226
HOA Dues
-
Year Built
1987
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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: 10 days ago (Global MLS #202517344)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 28, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Listed by Howard Hanna Capital Inc | $894,000 | |
| Listed by Howard Hanna Capital Inc | |||
| | |||
|
OPEN HOUSE FOR MAY 18th HAS BEEN CANCELED. A Custom Home Designed for Living Well. Set on a beautifully maintained 22 +/- acre lot in the Scotia-Glenville School District, this one-of-a-kind home offers warmth, character, and craftsmanship. Enjoy summers by the inground pool, relax in the hot tub, grow vegetables/fruit in the 60x70 garden, or host epic game nights in the show-stopping 1,700 sq ft recreation room. With over 4,000 sq ft of living space in the main home, 5 bedrooms (including one on the main level), and lofts in every upstairs room, there's room for all. The 6-car garage is ideal for car lovers or hobbyists, and geothermal heating and cooling keep things efficient year-round. Need more space? Just 25 minutes to Saratoga Springs, 20 to Albany, and 15 to GE in Schenectady.
| |||
| Feb 24, 2016 | Sold | ||
| Sold | |||
| Aug 5, 2015 | Listed by Howard Hanna Capital Inc | $349,000 | |
| Listed by Howard Hanna Capital Inc | |||
Property Highlights
Parking Available
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Schenectady
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Listed by: Rebekah O'Neil
Howard Hanna Capital Inc
Last Updated: 10 days ago
Data Source: Global MLS , MLS# 202517344
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.
Howard Hanna Capital Inc
Last Updated: 10 days ago
Data Source: Global MLS , MLS# 202517344
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017