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Albany 12303
1324 Kings Road
$400,000
● House - Off Market

1324 Kings Road

Guilderland, NY 12303
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$2,357
Est. Monthly
4.21%
Cap Rate

About This Property

Completely renovated 3 bed, 2 bath ranch-rambler offers modern comfort on over half an acre of serene land. Step inside to find an open-concept living area featuring a brand-new kitchen with sleek countertops and stainless steel appliances. The spacious master bedroom boasts an updated bathroom, while two additional bedrooms provide plenty of space for family or guests. Outside, the expansive yard offers endless possibilities for outdoor living, gardening, or entertaining. Nestled in a peaceful neighborhood, this home is a perfect blend of style, space, and tranquility!

Key features include a bonus family room, gas fireplace, a full clean basement, central air, new furnace, new roof, new siding along with a generator to ensure peace of mind and worry-free living for years to come.
Unit Size
-
Days on Market
-
Land Size
0.53 acres
Price per sqft
-
Property Type
House
Property Taxes
$393
HOA Dues
-
Year Built
1965

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Cap Rate Calculator

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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: 2 years ago (Global MLS #202427106)

Price History

Date / Event Date Event Price
Dec 20, 2024 Sold
Premium
Sold
Oct 18, 2024 In contract -
In contract
Oct 9, 2024 Listed by Monticello L.R.E.B. $400,000
Listed by Monticello L.R.E.B.
Apr 29, 2022 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 560
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 23,040
  • Lot Size Depth Feet: 2,560
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,680
  • Building Area: 1,680
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,680
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000528
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 10

Neighborhood

  • School District Name: Rotterdam-Mohonasen Central School District
  • Census Tract: 014617

Zoning

  • Zoning: R40

Geography

  • Account Number: 02801500010030000000
  • District: 013089
  • Section: 28.15
  • Parcel: 013089 28.15-1-3
  • Block: 1
  • Lot: 3.000
  • Municipality: GUILDERLAND (TOV)
  • Latitude: 42.7314
  • Longitude: -73.8837

    Address

  • Full Address: 1324 Kings Rd
  • Address - House Number: 1324
  • Address - Street Name: Kings
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C017
  • 4-Digit Zip Code: 2816
  • Zip Code: 12303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,440,415
  • Tax Rate Code Area: 422803

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 342,268
  • High Value: 425,546
  • Low Value: 258,990

    Market Valuation

  • Market Total Value: $280,000
  • Market Land Value: $56,471
  • Market Improvement Value: $223,529

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,000
  • Assessed Land Value: $48,000
  • Assessed Improvements Value: $190,000

    Sales

  • Current Sale Contract Date: Apr 19, 2022
  • Current Sale Recording Date: Apr 29, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: R2022-11020
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:

$329,900

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2268 ft²

Average Home Age

91.1 years

Currently For Sale

536 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 21 Van Heusen Street, Albany, NY, 12205

$1,950 /mo

  • 2 Beds
  • 1 Bath
  • 800 ft²
21 Van Heusen Street #2, Albany, NY, 12205 Listing by Daniel Shepard

Rentals Near You

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

Listed by: Sharon Phanisnaraine
Monticello L.R.E.B.
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202427106
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 1324 Kings Road built and last sold?
The property at 1324 Kings Road was built in 1965 and last sold on Apr 19, 2022 for $216,500.
How much is this home worth?
The estimated value of the home located at 1324 Kings Road is $0.
What are some comparable homes to 1324 Kings Road?
There are currently no comparable homes to 1324 Kings Road.
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