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Albany 12303
3315 E Old State Road
$760,000
● House - Off Market

3315 E Old State Road

Schenectady, NY 12303
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
$591,289
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Fabulous Find! This stunning custom cape cod home boasts 5 bedrooms and 4.5 baths, set on a breathtaking 2.4-acre property that abuts the Pine Bush Preserve. The well-thought-out open floor plan is designed to align with today's lifestyles. Host gatherings in the impressive two-story great room, complete with a fireplace, a wall of expansive windows, and beautifully crafted mahogany built-ins. The kitchen showcases granite countertops and stainless steel appliances, including a professional grade range. A first-floor primary suite offers a spacious retreat with vaulted ceilings, perfect for relaxation. The walk-out lower level adds versatility and could serve as an excellent in-law suite. Your new home awaits!
Unit Size
-
Days on Market
-
Land Size
2.40 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,174
HOA Dues
-
Year Built
1997

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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 #202322004)

Price History

Date / Event Date Event Price
Sep 15, 2023 Sold
Premium
Sold
Aug 7, 2023 In contract -
In contract
Aug 3, 2023 Listed by KW Platform $595,000
Listed by KW Platform
Feb 25, 2015 Sold
Premium
Sold
Jul 9, 2014 Listed by KW Platform $499,999
Listed by KW Platform
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 1
  • Building Quality: 1
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 900
  • Garage Type: 1
  • Garage Square Area: 660
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 104,544
  • Total Building Area: 3,778
  • Building Area: 3,778
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,778
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002400
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: PINEHAVEN ESTS LOT 3315

Neighborhood

  • School District Name: Guilderland Central School District
  • School Tax School District: GUILDERLAND
  • Census Tract: 014617

Zoning

  • Zoning: R40

Geography

  • Account Number: 02801700040020000000
  • District: 013089
  • Section: 28.17
  • Parcel: 013089 28.17-4-2
  • Block: 4
  • Lot: 2.000
  • Municipality: GUILDERLAND (TOV)
  • Latitude: 42.7238
  • Longitude: -73.911

    Address

  • Full Address: 3315 E Old State Rd
  • Address - House Number: 3315
  • Street Direction: E
  • Address - Street Name: Old State
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C018
  • 4-Digit Zip Code: 5255
  • Zip Code: 12303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,381,742
  • Tax Rate Code Area: 013002

    Appraisal Valuation

  • Standard Deviation: 0.1105
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 88
  • Final Value: 625,949
  • High Value: 695,161
  • Low Value: 556,738

    Market Valuation

  • Market Total Value: $617,647
  • Market Land Value: $123,529
  • Market Improvement Value: $494,118

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $525,000
  • Assessed Land Value: $105,000
  • Assessed Improvements Value: $420,000

    Sales

  • Current Sale Contract Date: Feb 20, 2015
  • Current Sale Recording Date: Feb 25, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11785630
  • Previous Sale Recording Date: Feb 23, 1998
  • Previous Sale Contract Date: Feb 23, 1998
  • Previous Sale Amount: $392,310
  • 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

2233 ft²

Average Home Age

91.7 years

Currently For Sale

579 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 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: Marion DeSantis
KW Platform
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202322004
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 3315 East Old State Road built and last sold?
The property at 3315 East Old State Road was built in 1997 and last sold on Feb 20, 2015 for $475,000.
How much is this home worth?
The estimated value of the home located at 3315 East Old State Road is $600,950.
What are some comparable homes to 3315 East Old State Road?
There are currently no comparable homes to 3315 East Old State Road.
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