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Schenectady 12302
232 Spring Road
$435,000
● House - Off Market

232 Spring Road

Glenville, NY 12302
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$2,795
Est. Monthly
4.17%
Cap Rate

About This Property

Bright & spacious 3-bed, 2.5-bath Colonial sits on a gorgeous FULL ACRE lot within Burnt Hills-Ballston Lake Schools! Enjoy a sparkling inground pool, gas fireplace in the family room, & a partially finished basement. Recent updates include new heating & cooling systems, new gutters, newer carpeting, newer garage door. Roof 8 yrs old. Desirable neighborhood with easy access to parks, shopping & major routes. Don't miss this MOVE-IN READY gem!
Unit Size
-
Days on Market
-
Land Size
1.00 acres
Price per sqft
-
Property Type
House
Property Taxes
$757
HOA Dues
-
Year Built
1988

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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 years ago (Global MLS #202514293)

Price History

Date / Event Date Event Price
May 6, 2025 Sold
Premium
Sold
Apr 2, 2025 In contract -
In contract
Mar 28, 2025 Listed by Howard Hanna Capital Inc. $415,000
Listed by Howard Hanna Capital Inc.
Sep 9, 2022 Sold
Premium
Sold
Jun 21, 2022 Listed by Howard Hanna Capital Inc. $379,900
Listed by Howard Hanna Capital Inc.
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • 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: 17
  • 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: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 43,600
  • Lot Size Depth Feet: 4,360
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,818
  • Building Area: 1,818
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,818
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: ORCHARD HILL SEC 2 L4 HLG SP

Neighborhood

  • School District Name: Burnt Hills-Ballston Lake Central School District
  • Census Tract: 032404

Zoning

  • Zoning: RES

Geography

  • District: 422289
  • Section: 15.03
  • Parcel: 422289 15.3-1-24
  • Block: 1
  • Lot: 24.000
  • Municipality: GLENVILLE (TOV)
  • Latitude: 42.88
  • Longitude: -73.957

    Address

  • Full Address: 232 Spring Rd
  • Address - House Number: 232
  • Address - Street Name: Spring
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C012
  • 4-Digit Zip Code: 3706
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $776,574
  • Tax Rate Code Area: 412001

    Appraisal Valuation

  • Standard Deviation: 0.2362
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 371,223
  • High Value: 458,924
  • Low Value: 283,522

    Market Valuation

  • Market Total Value: $330,882
  • Market Land Value: $50,000
  • Market Improvement Value: $280,882

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $225,000
  • Assessed Land Value: $34,000
  • Assessed Improvements Value: $191,000

    Sales

  • Current Sale Contract Date: Aug 29, 2022
  • Current Sale Recording Date: Sep 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 48099
  • Previous Sale Recording Date: Mar 07, 2006
  • Previous Sale Contract Date: Mar 07, 2006
  • Previous Sale Amount: $252,500
  • 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 Schenectady

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1985 ft²

Average Home Age

81.8 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

Rentals Near You

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Global MLS

Listed by: Cynthia Martin
Howard Hanna Capital Inc.
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202514293
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 232 Spring Road built and last sold?
The property at 232 Spring Road was built in 1988 and last sold on Aug 29, 2022 for $365,000.
How much is this home worth?
The estimated value of the home located at 232 Spring Road is $419,150.
What are some comparable homes to 232 Spring Road?
There are currently no comparable homes to 232 Spring Road.
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