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Rensselaer
280 Marpe Rd.
$355,000
● House - Off Market

280 Marpe Rd.

Pittstown, NY 12094
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$361,083
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Move right into this meticulous country home featuring four bedrooms and 2.5 baths..  All tlhe work has been done - new roof, gutters, log-wood siding, decking on upper deck, above ground pool, pool deck, granite counter tops, country sink along with sliders to large yard with apple and peach trees.  There are three outbuildings - 12 x 8 log-sided shed, 12 x 10 Amish shed and 12 x 20 shed.  Even Fido will love this house and its ''dobby door'' access to fully fenced dog kennel.
Unit Size
-
Days on Market
-
Land Size
5.49 acres
Price per sqft
-
Property Type
House
Property Taxes
$544
HOA Dues
-
Year Built
2002

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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: 3 years ago (Global MLS #202310341)

Price History

Date / Event Date Event Price
Apr 26, 2023 Sold
Premium
Sold
Jan 8, 2023 Listed by Marker's Octagon Realty $354,900
Listed by Marker's Octagon Realty
Mar 31, 2021 Sold
Premium
Sold
Dec 10, 2020 Listed by Marker's Octagon Realty $279,000
Listed by Marker's Octagon Realty
Feb 26, 2002 Sold
Premium
Sold

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 3
  • Basement Area: 1,200
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 239,144
  • Lot Size Frontage Feet: 6,850
  • Total Building Area: 1,458
  • Building Area: 1,458
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,458
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000005490
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 1 MARPE RD EST 1995/39

Neighborhood

  • School District Name: Hoosic Valley Central School District
  • School Tax School District: HOOSIC VALLEY
  • Census Tract: 051800

Geography

  • District: 383689
  • Section: 14.00
  • Parcel: 383689 14.-2-12.12
  • Block: 2
  • Lot: 12.012
  • Municipality: PITTSTOWN (TOV)
  • Latitude: 42.9242
  • Longitude: -73.4882

    Address

  • Full Address: 280 Marpe Rd
  • Address - House Number: 280
  • Address - Street Name: Marpe
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Johnsonville
  • Carrier Code: R002
  • 4-Digit Zip Code: 3637
  • Zip Code: 12094

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $532,492
  • Tax Rate Code Area: 384201

    Appraisal Valuation

  • Standard Deviation: 0.2219
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 342,777
  • High Value: 418,839
  • Low Value: 266,714

    Market Valuation

  • Market Total Value: $287,594
  • Market Land Value: $44,757
  • Market Improvement Value: $242,837

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $133,012
  • Assessed Land Value: $20,700
  • Assessed Improvements Value: $112,312

    Sales

  • Current Sale Contract Date: Apr 11, 2023
  • Current Sale Recording Date: Apr 26, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023-626624
  • Previous Sale Recording Date: Mar 31, 2021
  • Previous Sale Contract Date: Mar 29, 2021
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: 27

    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 Rensselaer

Stats & Trends

Median Asking:

$308,250

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2205 ft²

Average Home Age

95.7 years

Currently For Sale

337 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: Marilyn K Douglas
Marker's Octagon Realty
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202310341
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 280 Marpe Road built and last sold?
The property at 280 Marpe Road was built in 2002 and last sold on Apr 11, 2023 for $355,000.
How much is this home worth?
The estimated value of the home located at 280 Marpe Road is $358,449.
What are some comparable homes to 280 Marpe Road?
There are currently no comparable homes to 280 Marpe Road.
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