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Schenectady 12302
215 Droms Road
$280,000
● House - Off Market

215 Droms Road

Glenville, NY 12302
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$249,218
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Open House Saturday, May 20th from 11-1. Move in just in time for your 4th of July BBQ, and entertain family and friends in this ideal backyard. With almost a half acre of space, it's perfect for socializing and outdoor games. Located in the heart of Glenville near the YMCA and Indian Meadows Park, this lovingly maintained ranch is a clean slate with endless possibilities. Galley kitchen with ample cabinet space and new plumbing under the sink. Spacious yet cozy main floor with built-ins and HW floors under carpet. Huge finished walk-out basement with new carpet and recently refreshed 1/2 bath. Clean walk-up attic with loads of room for storage. Close to stores, restaurants and houses of worship. Owners of 68 years ready to pass the torch!  Top rated Burnt Hills-Ballston Lake Schools.
Unit Size
-
Days on Market
-
Land Size
0.46 acres
Price per sqft
-
Property Type
House
Property Taxes
$100
HOA Dues
-
Year Built
1948

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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: 3 years ago (Global MLS #202316991)

Price History

Date / Event Date Event Price
Aug 7, 2023 Sold
Premium
Sold
May 18, 2023 Listed by Coldwell Banker Prime Properties $249,900
Listed by Coldwell Banker Prime Properties

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,000
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000459
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: HLGBW

Neighborhood

  • School District Name: Burnt Hills-Ballston Lake Central School District
  • Census Tract: 032503

Zoning

  • Zoning: RES

Geography

  • Account Number: C02320
  • District: 422289
  • Section: 15.03
  • Parcel: 422289 15.3-6-6
  • Block: 6
  • Lot: 6.000
  • Municipality: GLENVILLE (TOV)
  • Latitude: 42.8803
  • Longitude: -73.9475

    Address

  • Full Address: 215 Droms Rd
  • Address - House Number: 215
  • Address - Street Name: Droms
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: R001
  • 4-Digit Zip Code: 9721
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $119,756
  • Tax Rate Code Area: 412001

    Appraisal Valuation

  • Standard Deviation: 0.244
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 266,249
  • High Value: 331,237
  • Low Value: 201,260

    Market Valuation

  • Market Total Value: $191,471
  • Market Land Value: $47,794
  • Market Improvement Value: $143,677

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $130,200
  • Assessed Land Value: $32,500
  • Assessed Improvements Value: $97,700

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 14, 2023
  • Current Sale Recording Date: Aug 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 44459
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

Rentals Near You

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Global MLS

Listed by: Mary E Amodeo
Coldwell Banker Prime Properties
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202316991
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 215 Droms Road built and last sold?
The property at 215 Droms Road was built in 1948 and last sold on Jul 14, 2023 for $280,000.
How much is this home worth?
The estimated value of the home located at 215 Droms Road is $252,399.
What are some comparable homes to 215 Droms Road?
There are currently no comparable homes to 215 Droms Road.
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