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Schenectady 12302
L3.41 Spring Road
$25,000
● Land - Off Market

L3.41 Spring Road

Glenville, NY 12302
bedrooms
Studio
bathrooms
0 Bath
$903
Est. Monthly
14.77%
Cap Rate

About This Property

THIS SOLD WITH HOME AT 118 SPRING ROAD .... Discover the perfect opportunity on this expansive 21.22-acre wooded parcel in the desirable Scotia Glenville School District. With 359 feet of road frontage on Spring Road, this property offers both privacy and convenience. Electric and public water are available at the road. Don't miss this chance to own a slice of natural beauty in a great location!  Can be sold together with 118 Spring Road. ** Please do not walk the lot without an appointment.
Unit Size
-
Days on Market
91 days
Land Size
21.22 acres
Price per sqft
-
Property Type
Land
Property Taxes
$191
HOA Dues
-
Year Built
1953

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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: 2 years ago (Global MLS #202517567)

Price History

Date / Event Date Event Price
Aug 15, 2025 Sold
Premium
Sold
May 21, 2025 In contract -
In contract
May 14, 2025 Listed by Howard Hanna Capital Inc $145,000
Listed by Howard Hanna Capital Inc

Property Highlights

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 2
  • Basement Area: 0
  • Garage Type: 10
  • Garage Square Area: 678
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 32,320
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,616
  • Total Building Area: 962
  • Building Area: 962
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 962
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000742
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: GLENDAAL HTS L 5-7 H2LG

Neighborhood

  • School District Name: Scotia-Glenville Central School District
  • School Tax School District: SCOTIA-GLENVILL
  • Census Tract: 032404

Zoning

  • Zoning: RES

Geography

  • Account Number: B20810
  • District: 422289
  • Section: 21.19
  • Parcel: 422289 21.19-1-8
  • Block: 1
  • Lot: 8.000
  • Municipality: GLENVILLE (TOV)
  • Latitude: 42.855
  • Longitude: -73.972

    Address

  • Full Address: 41 Spring Rd
  • Address - House Number: 41
  • Address - Street Name: Spring
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C012
  • 4-Digit Zip Code: 2722
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $493,206
  • Tax Rate Code Area: 422202

    Appraisal Valuation

  • Standard Deviation: 0.1888
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 75
  • Final Value: 249,183
  • High Value: 296,249
  • Low Value: 202,118

    Market Valuation

  • Market Total Value: $189,706
  • Market Land Value: $52,206
  • Market Improvement Value: $137,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,000
  • Assessed Land Value: $35,500
  • Assessed Improvements Value: $93,500

    Exemptions

  • Homeowner Exemption: Yes
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 Schenectady

Stats & Trends

Median Asking:

$299,800

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1949 ft²

Average Home Age

82.1 years

Currently For Sale

338 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: Rebekah O'Neil
Howard Hanna Capital Inc
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202517567
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 41 Spring Road built and last sold?
The property at 41 Spring Road was built in 1953 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 41 Spring Road is $146,450.
What are some comparable homes to 41 Spring Road?
There are currently no comparable homes to 41 Spring Road.
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