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Schenectady 12302
187 Spring Road
$289,000
● House - Off Market

187 Spring Road

Glenville, NY 12302
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,344 Ft²
$2,037
Est. Monthly

About This Property

Fantastic 3 bedroom, 1.5 bath raised ranch located ideally in Burnt Hills Ballston Lake school district! Features hardwood floors throughout, 2 year old windows, 2 yr old breaker panel, 2 yr old fridge and 4 yr old stove and microwave, water heater 8 yrs old, new vanity, floor and toilet in full bath, 1/2 bath ensuite to primary bedroom, large flex space in lower level with woodburning fireplace, fully fenced generous size backyard, rear enclosed porch and a 1 car attached garage with oversize storage. Some photos are virtually staged. Deck needs replacing. Don't miss this great opportunity!
Unit Size
1,344 Ft²
Days on Market
50 days
Land Size
0.60 acres
Price per sqft
$215
Property Type
House
Property Taxes
$617
HOA Dues
-
Year Built
1970

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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: 7 months ago (Global MLS #202612267)

Price History

Date / Event Date Event Price
May 4, 2026 Sold
Premium
Sold
Mar 18, 2026 In contract -
In contract
Mar 16, 2026 Price Decreased $289,000
↓ $11K (3.6%)
Price Decreased
Mar 16, 2026 Relisted $299,900
Relisted
Feb 26, 2026 In contract -
In contract
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 728
  • Garage Type: 3
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 26,150
  • Lot Size Depth Feet: 2,615
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,072
  • Building Area: 2,072
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,072
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000600
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: HLGCPSP

Neighborhood

  • School District Name: Burnt Hills-Ballston Lake Central School District
  • Census Tract: 032404

Zoning

  • Zoning: RES

Geography

  • Account Number: C09115
  • District: 422289
  • Section: 22.01
  • Parcel: 422289 22.1-1-55
  • Block: 1
  • Lot: 55.000
  • Municipality: GLENVILLE (TOV)
  • Latitude: 42.874
  • Longitude: -73.9595

    Address

  • Full Address: 187 Spring Rd
  • Address - House Number: 187
  • Address - Street Name: Spring
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C012
  • 4-Digit Zip Code: 3824
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $686,090
  • Tax Rate Code Area: 412001

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 325,024
  • High Value: 401,318
  • Low Value: 248,729

    Market Valuation

  • Market Total Value: $262,941
  • Market Land Value: $48,823
  • Market Improvement Value: $214,118

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,800
  • Assessed Land Value: $33,200
  • Assessed Improvements Value: $145,600

    Sales

  • Current Sale Contract Date: Feb 17, 2023
  • Current Sale Recording Date: Mar 15, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 14666
  • Previous Sale Recording Date: Nov 06, 2017
  • Previous Sale Contract Date: Oct 27, 2017
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: 71
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 Schenectady

Stats & Trends

Median Asking:

$299,800

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1949 ft²

Average Home Age

82.1 years

Currently For Sale

338 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 620 Sacandaga Road, Glenville, NY, 12302

$4,250 /mo

  • 4 Beds
  • 2 Baths
  • 3,534 ft²
620 Sacandaga Road, Glenville, NY, 12302 Listing by Christopher Iwinski

Rentals Near You

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

Listed by: Jennifer R Johnson
Julie & Co Realty LLC
Last Updated: 7 months ago
Data Source: Global MLS , MLS# 202612267
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 187 Spring Road built and last sold?
The property at 187 Spring Road was built in 1970 and last sold on Feb 17, 2023 for $220,000.
How much is this home worth?
The estimated value of the home located at 187 Spring Road is $290,763.
What are some comparable homes to 187 Spring Road?
There are currently no comparable homes to 187 Spring Road.
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