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Rensselaer
3 Willow Lane
$275,000
● House - Off Market

3 Willow Lane

Schaghticoke, NY 12121
bedrooms
3 Beds
bathrooms
2 Baths
$1,781
Est. Monthly
7.84%
Cap Rate

About This Property

Custom built ranch home only 2 years old, on quiet dead end street. Lovely open floor plan, main bedroom has private full bath. Energy Star doors and Pella windows throughout. Trex deck overlooking private rear yard. On demand hot water. Ramp in garage.

Rear large shed for lawn equipment and misc, items. SHED being sols as is... BEST AND FINAL

OFFER IN BY 12:00 PM FRIDAY 5/24/2024
Unit Size
-
Days on Market
-
Land Size
0.32 acres
Price per sqft
-
Property Type
House
Property Taxes
$508
HOA Dues
-
Year Built
2023

Payment Calculator

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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: 2 years ago (Global MLS #202417664)

Price History

Date / Event Date Event Price
Jul 31, 2024 Sold
Premium
Sold
May 25, 2024 In contract -
In contract
May 20, 2024 Listed by Hunt ERA $259,000
Listed by Hunt ERA

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2023
  • Effective Year Built: 2023
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 2
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 880
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Lot Size Depth Feet: 992
  • Lot Size Frontage Feet: 1,850
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,344
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: SUBJ TO 8' EASMT 1627/61 & LIFE EST TO SIMON ON

Neighborhood

  • School District Name: Hoosic Valley Central School District
  • School Tax School District: HOOSIC VALLEY
  • Census Tract: 051902

Zoning

  • Zoning: R60

Geography

  • Account Number: 315J174200
  • District: 384289
  • Section: 51.03
  • Parcel: 384289 51.3-3-7
  • Block: 3
  • Lot: 7.000
  • Municipality: SCHAGHTICOKE (TOV)
  • Latitude: 42.8305
  • Longitude: -73.6251

    Address

  • Full Address: 3 Willow Ln
  • Address - House Number: 3
  • Address - Street Name: Willow
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Melrose
  • Carrier Code: R001
  • 4-Digit Zip Code: 1721
  • Zip Code: 12121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $72,503
  • Tax Rate Code Area: 384201

    Appraisal Valuation

  • Standard Deviation: 0.1397
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 72
  • Final Value: 26,008
  • High Value: 29,643
  • Low Value: 22,372

    Market Valuation

  • Market Total Value: $266,044
  • Market Land Value: $12,461
  • Market Improvement Value: $253,583

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $42,700
  • Assessed Land Value: $2,000
  • Assessed Improvements Value: $40,700
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:

$299,900

Sale Price/ft²

$196

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2268 ft²

Average Home Age

96.4 years

Currently For Sale

343 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: Deborah A Varcoe
Hunt ERA
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202417664
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 3 Willow Lane built and last sold?
The property at 3 Willow Lane was built in 2023 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3 Willow Lane is $261,590.
What are some comparable homes to 3 Willow Lane?
There are currently no comparable homes to 3 Willow Lane.
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