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Rensselaer 12182
403 NY RT 40
$10,000
● House - Off Market

403 NY RT 40

Schaghticoke, NY 12182
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,694 Ft²
$24,234
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Priced under assessed value of $83,000! Perfect house for a winter project. Large lot, visible location. Good for multiple uses. Very large home in need of repairs, but won't last long at this price! Sold as is. Cash buyers only. No heating system, needs new electrical panel, natural gas available at the road, stone foundation. Public/town water available. On the main road, but has off street parking. Come imagine the possibilities!
Unit Size
1,694 Ft²
Days on Market
319 days
Land Size
0.52 acres
Price per sqft
$9
Property Type
House
Property Taxes
$402
HOA Dues
-
Year Built
1779

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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: 2 years ago (Global MLS #201723037)

Price History

Date / Event Date Event Price
Oct 15, 2018 Sold
Premium
Sold
Nov 30, 2017 Listed by Maple Leaf Realty $16,000
Listed by Maple Leaf Realty
Aug 31, 2005 Sold
Premium
Sold

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1779
  • Effective Year Built: 1779
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • 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: 1
  • Garage Square Area: 357
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,651
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,950
  • Total Building Area: 1,694
  • Building Area: 1,694
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,694
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 2
  • Water Service: 3

Building

  • Building Type: 0
  • Property Class: V
  • Land Acres: 0000000520
  • Standard Land Use Code: 8001
  • County Land Use Code: 311

Neighborhood

  • School District Name: Lansingburgh Central School District
  • School Tax School District: LANSINGBURGH
  • Census Tract: 051902

Zoning

  • Zoning: R40

Geography

  • Account Number: 315J130150
  • District: 384289
  • Section: 71.01
  • Parcel: 384289 71.1-3-3
  • Block: 3
  • Lot: 3.000
  • Municipality: SCHAGHTICOKE (TOV)
  • Latitude: 42.8054
  • Longitude: -73.6343

    Address

  • Full Address: 403 State Route 40
  • Address - House Number: 403
  • Address - Street Name: State Route 40
  • State: NY
  • City Name: Troy
  • Carrier Code: R002
  • 4-Digit Zip Code: 3801
  • Zip Code: 12182

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $63,963
  • Tax Rate Code Area: 381701

    Market Valuation

  • Market Total Value: $18,692
  • Market Land Value: $18,692

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,000
  • Assessed Land Value: $3,000

    Sales

  • Current Sale Contract Date: Oct 11, 2018
  • Current Sale Recording Date: Oct 15, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2018-541187
  • Previous Sale Recording Date: Aug 31, 2005
  • Previous Sale Contract Date: Aug 26, 2005
  • Previous Sale Amount: $53,000
  • Previous Sale Document Type: O
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

63

Average Home Size

2227 ft²

Average Home Age

95.2 years

Currently For Sale

442 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

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Global MLS

Listed by: Lillian C West
Maple Leaf Realty
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 201723037
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 403 State Hwy 40 built and last sold?
The property at 403 State Hwy 40 was built in 1779 and last sold on Oct 11, 2018 for $10,000.
How much is this home worth?
The estimated value of the home located at 403 State Hwy 40 is $0.
What are some comparable homes to 403 State Hwy 40?
There are currently no comparable homes to 403 State Hwy 40.
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