For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Albany 12303
2981 ST MICHAELS Lane
Photo of 2981 ST MICHAELS Lane
Sold on Oct 1, 2013

1

Map

$155,000
● House - Off Market

2981 ST MICHAELS Lane

Guilderland, NY 12303
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$316,791
RealtyHop Estimate
94.95%
Since Nov 1, 2013
National-US
Primary Model

About This Property

Move-in ready! 2005 remodel included roof, siding, windows, cherry kitchen w/ appliances, 2 full baths, flooring, lighting, 200 AMP electric & heating.  More recent improvements include patio, central A/C, gutters, exterior doors, some lighting, entire septic, new stainless steel dishwasher & newer refrig. Low Guilderland town taxes & Mohonasen Schools! Neighborhood setting & convenient location close to 890 & the Thruway. 3rd bedrm on 1st fl converted to dining rm...or could use as office. $456 STaR saving -- Excellent Condition
Unit Size
1,350 Ft²
Days on Market
182 days
Land Size
0.23 acres
Price per sqft
$120
Property Type
House
Property Taxes
$214
HOA Dues
-
Year Built
1952

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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 days ago (Global MLS #201315478)

Price History

Date / Event Date Event Price
Oct 2, 2013 Sold
Premium
Sold
Apr 2, 2013 Listed by Berkshire Hathaway Home Services Blake $162,500
Listed by Berkshire Hathaway Home Services Blake
Nov 16, 2006 Sold
Premium
Sold
Aug 10, 2006 Listed by Berkshire Hathaway Home Services Blake $169,900
Listed by Berkshire Hathaway Home Services Blake

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 5
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,012
  • Building Area: 1,012
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,012
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000229
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 100

Neighborhood

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

Zoning

  • Zoning: R10

Geography

  • Account Number: 01501000020180000000
  • District: 013089
  • Section: 15.10
  • Parcel: 013089 15.10-2-18
  • Block: 2
  • Lot: 18.000
  • Municipality: GUILDERLAND (TOV)
  • Latitude: 42.7589
  • Longitude: -73.9387

    Address

  • Full Address: 2981 St Michaels Ln
  • Address - House Number: 2981
  • Address - Street Name: St Michaels
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C019
  • 4-Digit Zip Code: 4616
  • Zip Code: 12303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $903,637
  • Tax Rate Code Area: 422803

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 241,901
  • High Value: 300,758
  • Low Value: 183,043

    Market Valuation

  • Market Total Value: $173,529
  • Market Land Value: $35,294
  • Market Improvement Value: $138,235

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,500
  • Assessed Land Value: $30,000
  • Assessed Improvements Value: $117,500

    Sales

  • Current Sale Contract Date: Oct 01, 2013
  • Current Sale Recording Date: Oct 02, 2013
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11486668
  • Previous Sale Recording Date: Nov 16, 2006
  • Previous Sale Contract Date: Oct 27, 2006
  • Previous Sale Amount: $169,000
  • 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

2232 ft²

Average Home Age

92 years

Currently For Sale

570 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

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

Listed by: Diane Sluus
Berkshire Hathaway Home Services Blake
Last Updated: 2 days ago
Data Source: Global MLS , MLS# 201315478
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 2981 St Michaels Lane built and last sold?
The property at 2981 St Michaels Lane was built in 1952 and last sold on Oct 1, 2013 for $155,000.
How much is this home worth?
The estimated value of the home located at 2981 St Michaels Lane is $0.
What are some comparable homes to 2981 St Michaels Lane?
There are currently no comparable homes to 2981 St Michaels Lane.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Guilderland Homes for Sale
Guilderland Houses for Sale
Guilderland Condos for Sale
Guilderland Townhouses for Sale
Guilderland Multifamily for Sale
Guilderland Land for Sale
Guilderland Commercial for Sale
Guilderland Homes with Basements
Nearby Cities
Albany Homes for Sale
Schenectady Homes for Sale
Rotterdam Homes for Sale
Troy Homes for Sale
Scotia Homes for Sale
Cohoes Homes for Sale
Colonie Homes for Sale
Niskayuna Homes for Sale
Nearby Property Records
Schenectady County, NY Property Records
Albany County, NY Property Records
Rensselaer County, NY Property Records
Saratoga County, NY Property Records
Schoharie County, NY Property Records
Montgomery County, NY Property Records
Greene County, NY Property Records
Columbia County, NY Property Records
Neighborhoods
Campus Area Real Estate
Delaware Avenue Real Estate
Buckingham Lake - Crestwood Real Estate
Pine Hills Real Estate
Whitehall Real Estate
Helderberg Real Estate
New Scotland Real Estate
Center Square Real Estate
Nearby Counties
Colonie Homes for Sale
Albany Homes for Sale
Clifton Park Homes for Sale
Schenectady Homes for Sale
Bethlehem Homes for Sale
Rotterdam Homes for Sale
Niskayuna Homes for Sale
Troy Homes for Sale
Top Real Estate Agents
Top Agents in Guilderland
Top Agents in Colonie
Top Agents in Albany
Top Agents in Albany
Top Agents in 12065
Top Agents in Clifton Park
Top Agents in Schenectady
Top Agents in Schenectady