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Albany 12309
299 VLY Road
$694,725
● House - Off Market

299 VLY Road

Colonie, NY 12309
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$535,033
RealtyHop Estimate
0.78%
Since Jun 1, 2022
National-US
Primary Model

About This Property

rivate Large Homesite Available on Sought After Vly Rd.  Premium Location and Niskayuna Schools.  Choose from builder extensive library of models or bring your own.   Municipal water and sewer, convenient yet private. Same high end, Hodorowski Homes, signature luxury amenities! Including 9' first floor ceilings, granite kitchen counters,maple cabinetry w/self close, hardwd flrs, ceramic baths, stainless appls, stone accents and much more.  Photos are examples of finishes. To Be Built Condition
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$789
HOA Dues
-
Year Built
2021

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Cap Rate Calculator

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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: 3 years ago (Global MLS #202029990)

Price History

Date / Event Date Event Price
May 26, 2022 Sold
Premium
Sold
Jan 26, 2022 Sold
Premium
Sold
Oct 5, 2020 Listed by Coldwell Banker Prime Properties $530,900
Listed by Coldwell Banker Prime Properties

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 798
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,598,216
  • Total Building Area: 3,125
  • Building Area: 3,125
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,125
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000036690
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-VLY RD E-OLD VLY RD C-101-03

Neighborhood

  • School District Name: Niskayuna Central School District
  • Census Tract: 013703

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 01700200050600110000
  • District: 012689
  • Section: 17.02
  • Parcel: 012689 17.2-5-60.11
  • Block: 5
  • Lot: 60.011
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7576
  • Longitude: -73.8374

    Address

  • Full Address: 299 Vly Rd
  • Address - House Number: 299
  • Address - Street Name: Vly
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C032
  • 4-Digit Zip Code: 1924
  • Zip Code: 12309

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,008,779
  • Tax Rate Code Area: 422401

    Appraisal Valuation

  • Standard Deviation: 0.2231
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 69
  • Final Value: 723,545
  • High Value: 885,037
  • Low Value: 562,052

    Market Valuation

  • Market Total Value: $694,700
  • Market Land Value: $208,430
  • Market Improvement Value: $486,270

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $354,300
  • Assessed Land Value: $106,300
  • Assessed Improvements Value: $248,000

    Sales

  • Current Sale Contract Date: May 12, 2022
  • Current Sale Recording Date: May 26, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2022-13553
  • Previous Sale Recording Date: Jan 26, 2022
  • Previous Sale Contract Date: Sep 01, 2021
  • Previous Sale Amount: $50,000
  • 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 Albany

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$209

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2244 ft²

Average Home Age

93 years

Currently For Sale

713 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: John W Mesko
Coldwell Banker Prime Properties
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202029990
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 299 Vly Road built and last sold?
The property at 299 Vly Road was built in 2021 and last sold on May 12, 2022 for $695,000.
How much is this home worth?
The estimated value of the home located at 299 Vly Road is $0.
What are some comparable homes to 299 Vly Road?
There are currently no comparable homes to 299 Vly Road.
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