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Albany 12303
2979 NANCY Lane
$164,000
● House - Off Market

2979 NANCY Lane

Schenectady, NY 12303
bedrooms
3 Beds
bathrooms
1 Bath
$326,001
RealtyHop Estimate
91.88%
Since Sep 1, 2008
National-US
Primary Model

About This Property

INVITING 3 BR CAPE FEATURING A LOVELY, LARGE PRIVATE YARD W. ABOVE GROUND POOL, DRY BASEMENT WITH NEW FAMILY ROOM, NEW GAS FURNACE AND OVERSIZED GARAGE. UPSTAIRS FULLY RENOVATED. 1ST FLR HAS LAUNDRYRM. AND PANTRY. GREAT BUY! CONTINGENT ON OWNER FINDING HOME OF CHOICE. Very Good Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1950

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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 #28108987)

Price History

Date / Event Date Event Price
Nov 5, 2015 Sold
Premium
Sold
Jul 6, 2015 Listed by CM Fox, LLC $165,900
Listed by CM Fox, LLC
Aug 19, 2008 Sold
Premium
Sold
May 6, 2008 Listed by CM Fox, LLC $169,900
Listed by CM Fox, LLC

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 150
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,660
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 1,060
  • Total Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP NORTH SECTION OF LILLIAN ESTATES
  • Land Acres: 0000000267
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 66

Neighborhood

  • School District Name: Rotterdam-Mohonasen Central School District
  • Census Tract: 014617

Zoning

  • Zoning: R10

Geography

  • Account Number: 01501000020300000000
  • District: 013089
  • Section: 15.10
  • Parcel: 013089 15.10-2-30
  • Block: 2
  • Lot: 30.000
  • Municipality: GUILDERLAND (TOV)
  • Latitude: 42.7588
  • Longitude: -73.9377

    Address

  • Full Address: 2979 Nancy Ln
  • Address - House Number: 2979
  • Address - Street Name: Nancy
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C019
  • 4-Digit Zip Code: 4609
  • Zip Code: 12303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,106,063
  • Tax Rate Code Area: 422803

    Appraisal Valuation

  • Standard Deviation: 0.2541
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 278,325
  • High Value: 349,072
  • Low Value: 207,578

    Market Valuation

  • Market Total Value: $210,588
  • Market Land Value: $42,353
  • Market Improvement Value: $168,235

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,000
  • Assessed Land Value: $36,000
  • Assessed Improvements Value: $143,000

    Sales

  • Current Sale Contract Date: Oct 30, 2015
  • Current Sale Recording Date: Nov 05, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2015-0116
  • Previous Sale Recording Date: Aug 19, 2008
  • Previous Sale Contract Date: Aug 15, 2008
  • Previous Sale Amount: $167,000
  • Previous Sale Document Type: 71
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:

$330,000

Sale Price/ft²

$209

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2231 ft²

Average Home Age

91.3 years

Currently For Sale

576 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

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Global MLS

Listed by: Mark Burlingame
CM Fox, LLC
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 28108987
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 2979 Nancy Lane built and last sold?
The property at 2979 Nancy Lane was built in 1950 and last sold on Oct 30, 2015 for $165,000.
How much is this home worth?
The estimated value of the home located at 2979 Nancy Lane is $0.
What are some comparable homes to 2979 Nancy Lane?
There are currently no comparable homes to 2979 Nancy Lane.
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