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Albany 12303
3160 Spawn Road
Photo of 3160 Spawn Road
Sold on Mar 15, 2024

1

Map

$299,900
● House - Off Market

3160 Spawn Road

Guilderland, NY 12303
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,448 Ft²
$1,998
Est. Monthly
4.10%
Cap Rate

About This Property

Un-lease yourself! Super affordable home... Guilderland schools! This 1,448 sq. ft. Ranch-Rambler sits on a .29-acre lot and is tucked away at the end of Spawn Rd... The huge family room with bay window offers endless primary suite opportunities. For convenience there's dual access to the large three season enclosed porch from both family room and eat-in kitchen. Room off of the living room offers plenty of flexibility and could be used as an office, third bedroom, or formal dining room. Newer exterior deck, above ground pool, hot tub, fenced-in secluded backyard and shed with electric. Plenty of parking, including a one car attached garage, carport, and off-street. Use your imagination; a little updating, remodeling, and homework will reward you with a special place to call your own!
Unit Size
1,448 Ft²
Days on Market
42 days
Land Size
0.29 acres
Price per sqft
$207
Property Type
House
Property Taxes
$525
HOA Dues
-
Year Built
1979

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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: 4 days ago (Global MLS #202411494)

Price History

Date / Event Date Event Price
Mar 15, 2024 Sold
Premium
Sold
Feb 6, 2024 In contract -
In contract
Feb 2, 2024 Listed by Berkshire Hathaway Home Services Blake $299,900
Listed by Berkshire Hathaway Home Services Blake
May 11, 2015 Sold
Premium
Sold
Jan 5, 2015 Listed by Berkshire Hathaway Home Services Blake $229,000
Listed by Berkshire Hathaway Home Services Blake

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Total Rooms: 6
  • Bedroom Count: 2
  • 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: 3
  • Basement Area: 100
  • Garage Type: 1
  • Garage Square Area: 384
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 12,791
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 853
  • Total Building Area: 1,448
  • Building Area: 1,448
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,448
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000293
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 3160 SPAWN HOLLOW

Neighborhood

  • School District Name: Guilderland Central School District
  • School Tax School District: GUILDERLAND
  • Census Tract: 014616

Zoning

  • Zoning: R15

Geography

  • Account Number: 02701600010190000000
  • District: 013089
  • Section: 27.16
  • Parcel: 013089 27.16-1-19
  • Block: 1
  • Lot: 19.000
  • Municipality: GUILDERLAND (TOV)
  • Latitude: 42.7308
  • Longitude: -73.9234

    Address

  • Full Address: 3160 Spawn Rd
  • Address - House Number: 3160
  • Address - Street Name: Spawn
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C020
  • 4-Digit Zip Code: 5111
  • Zip Code: 12303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $555,136
  • Tax Rate Code Area: 013002

    Appraisal Valuation

  • Standard Deviation: 0.1111
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 88
  • Final Value: 303,544
  • High Value: 337,277
  • Low Value: 269,811

    Market Valuation

  • Market Total Value: $269,412
  • Market Land Value: $54,118
  • Market Improvement Value: $215,294

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $229,000
  • Assessed Land Value: $46,000
  • Assessed Improvements Value: $183,000

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 24, 2015
  • Current Sale Recording Date: May 11, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11831965
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

2241 ft²

Average Home Age

91.6 years

Currently For Sale

565 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

Unit for rent at 2568 Western Avenue, Altamont, NY, 12009

$1,435 /mo

  • 1 Bed
  • 1 Bath
2568 Western Avenue #AKR, Altamont, NY, 12009 Listing by Karen E Laberge
Unit for rent at 17 Pinewood Road, Guilderland, NY, 12084

$2,450 /mo

  • 2 Beds
  • 1 Bath
  • 1,172 ft²
17 Pinewood Road, Guilderland, NY, 12084 Listing by Paul T Fontane

Rentals Near You

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

Listed by: Sandra V Nardoci
Berkshire Hathaway Home Services Blake
Last Updated: 4 days ago
Data Source: Global MLS , MLS# 202411494
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 3160 Spawn Road built and last sold?
The property at 3160 Spawn Road was built in 1979 and last sold on Apr 24, 2015 for $208,000.
How much is this home worth?
The estimated value of the home located at 3160 Spawn Road is $302,899.
What are some comparable homes to 3160 Spawn Road?
There are currently no comparable homes to 3160 Spawn Road.
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