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Rensselaer 12198
2 Michael Street
$473,000
● House - Off Market

2 Michael Street

North Greenbush, NY 12198
bedrooms
3 Beds
bathrooms
4 Baths, 2 Half Baths
$462,296
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

REDUCED - Meticulously maintained 1 owner home, custom built by Van Vleck Builders, this property is located in the Hills of North Greenbush development, 3 floors of living, beautiful large family room w/ gas fireplace, gleaming hardwood floors through-out, 2nd floor master-suite, 2nd floor laundry, finished basement w/ gas fireplace, wet bar & addt'l storage room, attached 2 car garage w/ pull-down storage, large trex deck overlooking private back yard, call for your appt today!
Unit Size
-
Days on Market
-
Land Size
1.15 acres
Price per sqft
-
Property Type
House
Property Taxes
$773
HOA Dues
-
Year Built
2001

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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: 4 years ago (Global MLS #202317032)

Price History

Date / Event Date Event Price
Sep 14, 2023 Sold
Premium
Sold
Aug 9, 2023 Sold
Premium
Sold
Jun 27, 2023 In contract -
In contract
Jun 20, 2023 Price Decreased $464,900
↓ $5K (1.1%)
Price Decreased
Jun 6, 2023 Price Decreased $469,900
↓ $5K (1.1%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 50,094
  • Lot Size Frontage Feet: 2,023
  • Total Building Area: 1,974
  • Building Area: 1,974
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,974
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001150
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 1996/78 LOT 4

Neighborhood

  • School District Name: Averill Park Central School District
  • School Tax School District: AVERILL PARK
  • Census Tract: 052303

Zoning

  • Zoning: AR

Geography

  • District: 383200
  • Section: 135.11
  • Parcel: 383200 135.11-8-4
  • Block: 8
  • Lot: 4.000
  • Municipality: NORTH GREENBUSH
  • Latitude: 42.6699
  • Longitude: -73.6232

    Address

  • Full Address: 2 Michael St
  • Address - House Number: 2
  • Address - Street Name: Michael
  • Address - Suffix Type: St
  • State: NY
  • City Name: Wynantskill
  • Carrier Code: C046
  • 4-Digit Zip Code: 2809
  • Zip Code: 12198

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $996,190
  • Tax Rate Code Area: 384001

    Appraisal Valuation

  • Standard Deviation: 0.2595
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 441,977
  • High Value: 556,689
  • Low Value: 327,264

    Market Valuation

  • Market Total Value: $431,169
  • Market Land Value: $45,195
  • Market Improvement Value: $385,974

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,000
  • Assessed Land Value: $8,700
  • Assessed Improvements Value: $74,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 09, 2023
  • Current Sale Recording Date: Sep 14, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-632315
  • Previous Sale Recording Date: Aug 10, 2001
  • Previous Sale Contract Date: Aug 10, 2001
  • Previous Sale Amount: $207,749
  • 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:

$299,900

Sale Price/ft²

$196

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2281 ft²

Average Home Age

96 years

Currently For Sale

332 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

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Global MLS

Listed by: Chasity McGivern
Crystal Coleman Realty LLC
Last Updated: 4 years ago
Data Source: Global MLS , MLS# 202317032
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 Michael Street built and last sold?
The property at 2 Michael Street was built in 2001 and last sold on Aug 9, 2023 for $473,000.
How much is this home worth?
The estimated value of the home located at 2 Michael Street is $0.
What are some comparable homes to 2 Michael Street?
There are currently no comparable homes to 2 Michael Street.
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