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Albany 12304
3962 ALBANY Street
$174,000
● House - Off Market

3962 ALBANY Street

Colonie, NY 12304
bedrooms
4 Beds
bathrooms
3 Baths
$287,410
RealtyHop Estimate
69.16%
Since Aug 1, 2016
National-US
Primary Model

About This Property

Large, lovely house for a small price, this well-maintained 4 BR home is located in S. Col. Sch. Dist. GreatRoom on 2nd floor; with 2 BRs and full bath, ideal in-law potential. Hardwood floors t/o first floor and in all BRs. Screened porch has skylight and is a lovely place to share meals and relax in nice weather. Private yard. Updated furnace and CA. Like-new sauna in walk-out basement. Close to shopping. Home was temporarily taken off the market for holidays and electrical updates. Excellent Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$358
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: 3 years ago (Global MLS #201516583)

Price History

Date / Event Date Event Price
Jul 25, 2016 Sold
Premium
Sold
Jul 29, 2015 Listed by Coldwell Banker Prime Properties $169,900
Listed by Coldwell Banker Prime Properties
Aug 8, 1994 Sold
Premium
Sold

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1960
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • 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: 3
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,926
  • Building Area: 1,926
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,926
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDGEWOOD MANOR
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 33-34 N-ALB ST E-3964 S-5-08

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: 01600700040220000000
  • District: 012689
  • Section: 16.07
  • Parcel: 012689 16.7-4-22
  • Block: 4
  • Lot: 22.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7604
  • Longitude: -73.8867

    Address

  • Full Address: 3962 Albany St
  • Address - House Number: 3962
  • Address - Street Name: Albany
  • Address - Suffix Type: St
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C013
  • 4-Digit Zip Code: 4373
  • Zip Code: 12304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $468,058
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2545
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 64
  • Final Value: 302,219
  • High Value: 379,148
  • Low Value: 225,291

    Market Valuation

  • Market Total Value: $207,800
  • Market Land Value: $51,950
  • Market Improvement Value: $155,850

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $106,000
  • Assessed Land Value: $26,500
  • Assessed Improvements Value: $79,500

    Sales

  • Current Sale Contract Date: Jul 14, 2016
  • Current Sale Recording Date: Jul 25, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2016-16436
  • Previous Sale Recording Date: Aug 08, 1994
  • Previous Sale Contract Date: Aug 05, 1994
  • Previous Sale Amount: $96,000
  • Previous Sale Document Type: 44
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

2255 ft²

Average Home Age

91.5 years

Currently For Sale

555 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: Nancy Klopfer
Coldwell Banker Prime Properties
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201516583
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 3962 Albany Street built and last sold?
The property at 3962 Albany Street was built in 1941 and last sold on Jul 14, 2016 for $174,000.
How much is this home worth?
The estimated value of the home located at 3962 Albany Street is $0.
What are some comparable homes to 3962 Albany Street?
There are currently no comparable homes to 3962 Albany Street.
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