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Albany 12306
6240 Empire Avenue
$496,558
● House - Off Market

6240 Empire Avenue

Guilderland, NY 12306
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$2,843
Est. Monthly
3.86%
Cap Rate

About This Property

Welcome to this stunning Guilderland home! A full covered front porch invites you in, where the foyer leads to an open floor plan with a spacious dining area, a cozy great room with a fireplace, and a beautifully updated kitchen with newer appliances and a large pantry. Enjoy a formal dining room, abundant natural light, and recessed lighting throughout. Every closet features custom California closet designs. The finished basement offers extra living space and storage. Newer sliding doors open to a large deck and expansive fenced-in yard. This home boasts a new roof, new furnace, a 2-car garage with new doors and openers, and easy access to the Thruway, dining, and more!
Unit Size
-
Days on Market
-
Land Size
0.39 acres
Price per sqft
-
Property Type
House
Property Taxes
$684
HOA Dues
-
Year Built
1996

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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 #202513689)

Price History

Date / Event Date Event Price
May 12, 2025 Sold
Premium
Sold
Mar 25, 2025 In contract -
In contract
Mar 20, 2025 Listed by Coldwell Banker Prime Properties $439,750
Listed by Coldwell Banker Prime Properties
Mar 26, 2014 Sold
Premium
Sold
Apr 19, 1996 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1996
  • Effective Year Built: 1996
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 672
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,470
  • Lot Size Depth Feet: 1,724
  • Lot Size Frontage Feet: 897
  • Total Building Area: 1,784
  • Gross Building Area: 1,784
  • Building Area: 1,784
  • Building Area Measurement: T

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,784
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000355
  • Standard Land Use Code: 1114
  • County Land Use Code: 210
  • Legal Description 1: LOGAN MANOR LOT 6240

Neighborhood

  • School District Name: Guilderland Central School District
  • School Tax School District: GUILDERLAND
  • Census Tract: 014606

Zoning

  • Zoning: R20

Geography

  • Account Number: 01501700010220000000
  • District: 013089
  • Section: 15.17
  • Parcel: 013089 15.17-1-22
  • Block: 1
  • Lot: 22.000
  • Municipality: GUILDERLAND (TOV)
  • Latitude: 42.7447
  • Longitude: -73.956

    Address

  • Full Address: 6240 Empire Ave
  • Address - House Number: 6240
  • Address - Street Name: Empire
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Schenectady
  • Carrier Code: R006
  • 4-Digit Zip Code: 7061
  • Zip Code: 12306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $782,435
  • Tax Rate Code Area: 013002

    Appraisal Valuation

  • Standard Deviation: 0.239
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 430,671
  • High Value: 533,610
  • Low Value: 327,732

    Market Valuation

  • Market Total Value: $343,529
  • Market Land Value: $68,235
  • Market Improvement Value: $275,294

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $292,000
  • Assessed Land Value: $58,000
  • Assessed Improvements Value: $234,000

    Sales

  • Current Sale Contract Date: Mar 21, 2014
  • Current Sale Recording Date: Mar 26, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11588665
  • Previous Sale Recording Date: Apr 19, 1996
  • Previous Sale Contract Date: Apr 12, 1996
  • Previous Sale Amount: $153,162
  • 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

2275 ft²

Average Home Age

90.5 years

Currently For Sale

551 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: Paul A Friello
Coldwell Banker Prime Properties
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202513689
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 6240 Empire Avenue built and last sold?
The property at 6240 Empire Avenue was built in 1996 and last sold on Mar 21, 2014 for $257,000.
How much is this home worth?
The estimated value of the home located at 6240 Empire Avenue is $0.
What are some comparable homes to 6240 Empire Avenue?
There are currently no comparable homes to 6240 Empire Avenue.
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