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Albany 12053
1309 Knox Cave Road
$434,900
● House - Off Market

1309 Knox Cave Road

Knox, NY 12053
bedrooms
3 Beds
bathrooms
2 Baths
$2,713
Est. Monthly
3.79%
Cap Rate

About This Property

Nestled in a woodland meadow 30 min from Albany, this log home offers a perfect blend of rustic charm and modern comfort. The two-story great room features a cozy wood stove for efficient winter warmth, seamlessly connecting to a remodeled custom kitchen, with a massive island perfect for cooking or entertaining. Step through the slider to a large deck and a three-season room providing 360-degree views, equipped with lights & power.. The first floor is designed with two BR and a full BA, the upper level boasts a private primary BR and another full BA. The loft area adds charm with custom storage cabinets, a daybed, and flexible space. A 24x32-foot pole barn is ready for your adventures. The 13-acres includes meadows, trail, and forest adjoining conservancy land. Boiler is 2.5 years old.
Unit Size
-
Days on Market
-
Land Size
13.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$578
HOA Dues
-
Year Built
1973

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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: 2 years ago (Global MLS #202423187)

Price History

Date / Event Date Event Price
Oct 8, 2024 Sold
Premium
Sold
Aug 15, 2024 In contract -
In contract
Aug 9, 2024 Listed by Howard Hanna $434,900
Listed by Howard Hanna
Mar 24, 2022 Sold
Premium
Sold
Jan 10, 2022 Listed by Howard Hanna $350,000
Listed by Howard Hanna
Show More

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 187,308
  • Total Building Area: 1,913
  • Building Area: 1,913
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,913
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000004300
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Berne-Knox-Westerlo Central School District
  • School Tax School District: BERNE-KNOX
  • Census Tract: 014700

Geography

  • Account Number: 03500000010270000000
  • District: 013200
  • Section: 35.00
  • Parcel: 013200 35.-1-27
  • Block: 1
  • Lot: 27.000
  • Municipality: KNOX
  • Latitude: 42.705
  • Longitude: -74.1328

    Address

  • Full Address: 1309 Knox Cave Rd
  • Address - House Number: 1309
  • Address - Street Name: Knox Cave
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Delanson
  • Carrier Code: R001
  • 4-Digit Zip Code: 1929
  • Zip Code: 12053

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $633,921
  • Tax Rate Code Area: 012001

    Appraisal Valuation

  • Standard Deviation: 0.2095
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 408,044
  • High Value: 493,551
  • Low Value: 322,538

    Market Valuation

  • Market Total Value: $355,897
  • Market Land Value: $41,333
  • Market Improvement Value: $314,564

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $138,800
  • Assessed Land Value: $16,120
  • Assessed Improvements Value: $122,680

    Sales

  • Current Sale Contract Date: Mar 22, 2022
  • Current Sale Recording Date: Mar 24, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8081
  • Previous Sale Recording Date: Sep 20, 1991
  • Previous Sale Contract Date: Sep 18, 1991
  • Previous Sale Amount: $158,000
  • Previous Sale Document Type: 27
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

$209

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2231 ft²

Average Home Age

91.3 years

Currently For Sale

576 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

Rentals Near You

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

Listed by: Jonathan DiCesare
Howard Hanna
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202423187
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 1309 Knox Cave Road built and last sold?
The property at 1309 Knox Cave Road was built in 1973 and last sold on Mar 22, 2022 for $350,000.
How much is this home worth?
The estimated value of the home located at 1309 Knox Cave Road is $439,249.
What are some comparable homes to 1309 Knox Cave Road?
There are currently no comparable homes to 1309 Knox Cave Road.
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