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East Glenville 12302
2 DROTT Drive
$261,500
● House - Off Market

2 DROTT Drive

Glenville, NY 12302
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,700 Ft²
$264,481
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Fantastic opportunity to purchase this large 4 bedroom 1 ½ bath Split Level within the Burnt School District. Gas Heat/Central Air budget plan $145 for 2020. Family room w/fireplace insert. 26' x 16' enclosed screen porch w/deck. Chain link fenced backyard. Upgraded electric panel, garage has 220-volt, new garage door w/opener. Good Condition
Unit Size
1,700 Ft²
Days on Market
118 days
Land Size
0.35 acres
Price per sqft
$138
Property Type
House
Property Taxes
$499
HOA Dues
-
Year Built
1960

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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 #202120699)

Price History

Date / Event Date Event Price
Oct 15, 2021 Sold
Premium
Sold
Jun 10, 2021 Listed by Clancy Real Estate $235,000
Listed by Clancy Real Estate

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 528
  • Garage Type: 1
  • Garage Square Area: 432
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,235
  • Lot Size Depth Feet: 1,731
  • Lot Size Frontage Feet: 880
  • Total Building Area: 1,700
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000349
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: KILE EST 3-L1 HLG

Neighborhood

  • School District Name: Burnt Hills-Ballston Lake Central School District
  • Census Tract: 032502

Zoning

  • Zoning: RES

Geography

  • Account Number: B11715
  • District: 422289
  • Section: 15.08
  • Parcel: 422289 15.8-6-36
  • Block: 6
  • Lot: 36.000
  • Municipality: GLENVILLE (TOV)
  • Latitude: 42.8932
  • Longitude: -73.9153

    Address

  • Full Address: 2 Drott Dr
  • Address - House Number: 2
  • Address - Street Name: Drott
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C018
  • 4-Digit Zip Code: 5702
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $646,370
  • Tax Rate Code Area: 412001

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 311,739
  • High Value: 384,915
  • Low Value: 238,563

    Market Valuation

  • Market Total Value: $248,971
  • Market Land Value: $37,059
  • Market Improvement Value: $211,912

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $169,300
  • Assessed Land Value: $25,200
  • Assessed Improvements Value: $144,100

    Sales

  • Current Sale Contract Date: Oct 06, 2021
  • Current Sale Recording Date: Oct 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 202151579
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 East Glenville

Stats & Trends

Median Asking:

$364,950

Sale Price/ft²

$222

Below Asking

0.02%

Average Days on Market

69

Average Home Size

2156 ft²

Average Home Age

59.5 years

Currently For Sale

10 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 123 Berkley Square, ATLANTIC CITY, NJ, 08401

$2,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
123 Berkley Square #2, ATLANTIC CITY, NJ, 08401 Listing by Philip R. Cavalcanto

Rentals Near You

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

Listed by: Kevin Clancy
Clancy Real Estate
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202120699
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 2 Drott Drive built and last sold?
The property at 2 Drott Drive was built in 1960 and last sold on Oct 6, 2021 for $261,500.
How much is this home worth?
The estimated value of the home located at 2 Drott Drive is $248,840.
What are some comparable homes to 2 Drott Drive?
There are currently no comparable homes to 2 Drott Drive.
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