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Rensselaer 12144
2 Mara Drive
Photo of 2 Mara Drive
Sold on Nov 8, 2024

1

Map

$490,000
● House - Off Market

2 Mara Drive

North Greenbush, NY 12144
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,920 Ft²
$3,065
Est. Monthly
2.86%
Cap Rate

About This Property

City close & country quiet. This stunning home is truly one of a kind. All you have to do is move in. With large, newer windows, the house is drenched in natural light and showcases the property. First floor features a living/dining room, laundry room, full bath, stunning updated kitchen, and a greenhouse with heated floors! The upstairs has vaulted ceilings throughout. Primary bedroom has a massive closet, a wall of windows & balcony. One bedroom has a loft! Enjoy the large family room, full bath w/ jacuzzi tub & third bedroom. Mini splits added in 2023, New hot water tank 2023, New well pump 2022, New Roof 2024. Situated on a quiet dead end on 5.33 acres, this property has a koi fish pond, large fenced garden, fruit trees, stream & a trail through the woods. 2 car garage has workshop!
Unit Size
1,920 Ft²
Days on Market
77 days
Land Size
5.33 acres
Price per sqft
$260
Property Type
House
Property Taxes
$610
HOA Dues
-
Year Built
1961

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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: 9 days ago (Global MLS #202424091)

Price History

Date / Event Date Event Price
Nov 8, 2024 Sold
Premium
Sold
Aug 28, 2024 In contract -
In contract
Aug 23, 2024 Listed by KW Platform $499,900
Listed by KW Platform
Feb 10, 2021 Sold
Premium
Sold
Jul 3, 1997 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 21
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 232,175
  • Lot Size Frontage Feet: 5,617
  • Total Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,920
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005330
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: East Greenbush Central School District
  • School Tax School District: EAST GREENBUSH
  • Census Tract: 052301

Geography

  • District: 383200
  • Section: 145.09
  • Parcel: 383200 145.9-2-20.1
  • Block: 2
  • Lot: 20.001
  • Municipality: NORTH GREENBUSH
  • Latitude: 42.6481
  • Longitude: -73.6854

    Address

  • Full Address: 2 Mara Dr
  • Address - House Number: 2
  • Address - Street Name: Mara
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Rensselaer
  • Carrier Code: R001
  • 4-Digit Zip Code: 9769
  • Zip Code: 12144

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $833,385
  • Tax Rate Code Area: 382401

    Appraisal Valuation

  • Standard Deviation: 0.2256
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 435,258
  • High Value: 533,459
  • Low Value: 337,057

    Market Valuation

  • Market Total Value: $332,987
  • Market Land Value: $94,026
  • Market Improvement Value: $238,961

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $64,100
  • Assessed Land Value: $18,100
  • Assessed Improvements Value: $46,000

    Sales

  • Current Sale Contract Date: Dec 30, 2020
  • Current Sale Recording Date: Feb 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021-583233
  • Previous Sale Recording Date: Jul 03, 1997
  • Previous Sale Contract Date: Jun 04, 1997
  • Previous Sale Amount: $120,000
  • 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 Rensselaer

Stats & Trends

Median Asking:

$308,250

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2205 ft²

Average Home Age

95.7 years

Currently For Sale

337 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: David T Schwartz
KW Platform
Last Updated: 9 days ago
Data Source: Global MLS , MLS# 202424091
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 Mara Drive built and last sold?
The property at 2 Mara Drive was built in 1961 and last sold on Dec 30, 2020 for $350,000.
How much is this home worth?
The estimated value of the home located at 2 Mara Drive is $499,580.
What are some comparable homes to 2 Mara Drive?
There are currently no comparable homes to 2 Mara Drive.
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