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Albany
217 Troy Schenectady Road
$299,000
● House - Off Market

217 Troy Schenectady Road

Colonie, NY 12110
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$1,766
Est. Monthly
6.43%
Cap Rate

About This Property

LOCATION, LOCATION, LOCATION. 3 Bedroom, 1.5 Bath Cape Cod in N Colonie School District. Fenced in backyard with shed, above ground pool w deck, perennial gardens & a unique outdoor dining area. Cozy family room with gas fireplace & pine cathedral ceiling. Kitchen with Bosch dishwasher, kitchen nook/table area & walk-in pantry.  First floor bedroom(currently being used as a bar area). Hardwood floors throughout. Beautiful dining room with built-ins, living room with original woodwork & french doors. Long driveway. Convenient to everything.
Unit Size
-
Days on Market
-
Land Size
0.24 acres
Price per sqft
-
Property Type
House
Property Taxes
$298
HOA Dues
-
Year Built
1940

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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: 2 years ago (Global MLS #202329378)

Price History

Date / Event Date Event Price
Feb 2, 2024 Sold
Premium
Sold
Dec 11, 2023 In contract -
In contract
Dec 8, 2023 Listed by Red Dog Realty $299,000
Listed by Red Dog Realty
Jan 18, 1994 Sold
Premium
Sold

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 1,635
  • Building Area: 1,635
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,635
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-223 E-215 C-34-29

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013510

Zoning

  • Zoning: 12

Geography

  • Account Number: 03100800050170000000
  • District: 012689
  • Section: 31.08
  • Parcel: 012689 31.8-5-17
  • Block: 5
  • Lot: 17.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7406
  • Longitude: -73.7371

    Address

  • Full Address: 217 Troy Schenectady Rd
  • Address - House Number: 217
  • Address - Street Name: Troy Schenectady
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Latham
  • Carrier Code: C004
  • 4-Digit Zip Code: 3414
  • Zip Code: 12110

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $411,768
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.1105
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 88
  • Final Value: 308,290
  • High Value: 342,243
  • Low Value: 274,337

    Market Valuation

  • Market Total Value: $193,700
  • Market Land Value: $48,425
  • Market Improvement Value: $145,275

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $98,800
  • Assessed Land Value: $24,700
  • Assessed Improvements Value: $74,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 01, 2024
  • Current Sale Recording Date: Feb 08, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2321
  • Previous Sale Recording Date: Jan 18, 1994
  • Previous Sale Contract Date: Jan 14, 1994
  • Previous Sale Amount: $87,000
  • 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 Albany

Stats & Trends

Median Asking:

$331,000

Sale Price/ft²

$210

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2228 ft²

Average Home Age

91.2 years

Currently For Sale

581 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 940 New Loudon Road, Latham, NY, 12110

$1,800 /mo

  • 2 Beds
  • 2 Baths
  • 1,300 ft²
940 New Loudon Road, Latham, NY, 12110 Listing by Quinn M Mitchell

Rentals Near You

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

Listed by: Joyce Brown
Red Dog Realty
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202329378
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 217 Troy Schenectady Road built and last sold?
The property at 217 Troy Schenectady Road was built in 1940 and last sold on Feb 1, 2024 for $299,000.
How much is this home worth?
The estimated value of the home located at 217 Troy Schenectady Road is $0.
What are some comparable homes to 217 Troy Schenectady Road?
There are currently no comparable homes to 217 Troy Schenectady Road.
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