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Schenectady 12309
2314 Algonquin Road
Photo of 2314 Algonquin Road
Sold on Jul 21, 2023

1

Map

$379,000
● House - Off Market

2314 Algonquin Road

Niskayuna, NY 12309
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,624 Ft²
$359,018
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

This home located in the Niskayuna school district is loaded with surprises. Tucked away on a generous ( .8 acre ) and beautifully landscaped lot it is ready for new owners to simply move in. The home has a stunning and spacious kitchen w/ granite counters, tile backsplash, SS GE Monogram appliances ( including an Advantium oven ), recessed lighting, under cabinet lighting and hard wood floors. A great sunroom w/ gas heater opens to the backyard. Large living room with great picture window , hard wood floors and a dining room. Home has a first floor family room w/ full bath would make a great  master bedroom suite. Three bedrooms upstairs, each with built ins. Full bath on 2nd floor w/ skylights. Workshop space in basement. Yard has I/G pool w/ heater, central air and Generac generator.
Unit Size
1,624 Ft²
Days on Market
51 days
Land Size
0.80 acres
Price per sqft
$222
Property Type
House
Property Taxes
$708
HOA Dues
-
Year Built
1954

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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 days ago (Global MLS #202317711)

Price History

Date / Event Date Event Price
Aug 31, 2023 Sold
Premium
Sold
Jul 21, 2023 Sold
Premium
Sold
Jun 4, 2023 In contract -
In contract
May 31, 2023 Listed by eXp Realty $360,000
Listed by eXp Realty

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 34,848
  • Lot Size Depth Feet: 2,853
  • Lot Size Frontage Feet: 1,579
  • Total Building Area: 1,624
  • Building Area: 1,624
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,624
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000800
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Niskayuna Central School District
  • School Tax School District: NISKAYUNA
  • Census Tract: 032102

Zoning

  • Zoning: R1

Geography

  • District: 422400
  • Section: 50.16
  • Parcel: 422400 50.16-2-75
  • Block: 2
  • Lot: 75.000
  • Municipality: NISKAYUNA
  • Latitude: 42.794
  • Longitude: -73.871

    Address

  • Full Address: 2314 Algonquin Rd
  • Address - House Number: 2314
  • Address - Street Name: Algonquin
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C027
  • 4-Digit Zip Code: 1414
  • Zip Code: 12309

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,099,939
  • Tax Rate Code Area: 422401

    Appraisal Valuation

  • Standard Deviation: 0.1873
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 75
  • Final Value: 375,314
  • High Value: 445,615
  • Low Value: 305,013

    Market Valuation

  • Market Total Value: $310,100
  • Market Land Value: $71,386
  • Market Improvement Value: $238,714

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,000
  • Assessed Land Value: $56,400
  • Assessed Improvements Value: $188,600

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Aug 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 49699

    Financing

  • First Mortgage Financing Type: ADJ
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

1954 ft²

Average Home Age

82.5 years

Currently For Sale

344 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 3911 Albany Street, Schenectady, NY, 12304

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
3911 Albany Street, Schenectady, NY, 12304 Listing by Brian A Amaral

Rentals Near You

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

Listed by: Brian A Brosen
eXp Realty
Last Updated: 2 days ago
Data Source: Global MLS , MLS# 202317711
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 2314 Algonquin Road built and last sold?
The property at 2314 Algonquin Road was built in 1954 and last sold on Jul 21, 2023 for $379,000.
How much is this home worth?
The estimated value of the home located at 2314 Algonquin Road is $363,600.
What are some comparable homes to 2314 Algonquin Road?
There are currently no comparable homes to 2314 Algonquin Road.
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