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Albany 12304
3945 Albany Street
$290,000
● House - Off Market

3945 Albany Street

Colonie, NY 12304
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,389 Ft²
$1,835
Est. Monthly
27.90%
Cap Rate

About This Property

This charming 4 Bedroom Cape Cod located in the South Colonie School District is just what you have been waiting for.  The kitchen and baths were remodeled in 2018.  The kitchen features stainless steel appliances and granite countertops.  The bath has a tiled shower and updated vanity.  The roof was new in 2018 as was the hot water heater.  The garage has an epoxy floor for durability.
Unit Size
1,389 Ft²
Days on Market
95 days
Land Size
0.13 acres
Price per sqft
$214
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1941

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 11 months ago (Global MLS #202525294)

Price History

Date / Event Date Event Price
Dec 9, 2025 Sold
Premium
Sold
Oct 22, 2025 In contract -
In contract
Oct 2, 2025 Price Decreased $297,000
↓ $3K (1%)
Price Decreased
Sep 5, 2025 Listed by Coldwell Banker Prime Properties $299,900
Listed by Coldwell Banker Prime Properties
Jun 6, 2018 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 1,389
  • Building Area: 1,389
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,389
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ANGELO FERRARA
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 2 N-24 E-3947 S-18-83

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013803

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 01600700050520000000
  • District: 012689
  • Section: 16.07
  • Parcel: 012689 16.7-5-52
  • Block: 5
  • Lot: 52.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7626
  • Longitude: -73.8883

    Address

  • Full Address: 3945 Albany St
  • Address - House Number: 3945
  • Address - Street Name: Albany
  • Address - Suffix Type: St
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C013
  • 4-Digit Zip Code: 4310
  • Zip Code: 12304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $416,218
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2365
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 267,352
  • High Value: 330,606
  • Low Value: 204,099

    Market Valuation

  • Market Total Value: $183,100
  • Market Land Value: $45,677
  • Market Improvement Value: $137,423

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $93,400
  • Assessed Land Value: $23,300
  • Assessed Improvements Value: $70,100

    Sales

  • Current Sale Contract Date: Jun 04, 2018
  • Current Sale Recording Date: Jun 06, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2018-12351
  • Previous Sale Recording Date: Sep 13, 2017
  • Previous Sale Contract Date: Sep 08, 2017
  • Previous Sale Amount: $97,500
  • 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

$208

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2268 ft²

Average Home Age

91.1 years

Currently For Sale

536 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

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Global MLS

Listed by: Terry Little
Coldwell Banker Prime Properties
Last Updated: 11 months ago
Data Source: Global MLS , MLS# 202525294
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 3945 Albany Street built and last sold?
The property at 3945 Albany Street was built in 1941 and last sold on Jun 4, 2018 for $205,000.
How much is this home worth?
The estimated value of the home located at 3945 Albany Street is $289,342.
What are some comparable homes to 3945 Albany Street?
There are currently no comparable homes to 3945 Albany Street.
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