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Rensselaer
64 Millard Road
$230,000
● House - Off Market

64 Millard Road

Schaghticoke, NY 12121
bedrooms
3 Beds
bathrooms
1 Bath
$1,586
Est. Monthly
9.25%
Cap Rate

About This Property

Raised ranch on just over an acre of land in Hoosick Valley schools.  Bring your vision to restore this home to its former glory.  3D tour attached.
Unit Size
-
Days on Market
-
Land Size
1.04 acres
Price per sqft
-
Property Type
House
Property Taxes
$505
HOA Dues
-
Year Built
1967

Payment Calculator

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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 #202424727)

Price History

Date / Event Date Event Price
Nov 5, 2024 Sold
Premium
Sold
Sep 18, 2024 In contract -
In contract
Sep 4, 2024 Listed by Clancy Real Estate $219,900
Listed by Clancy Real Estate

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 5
  • 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: 1
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 45,302
  • Lot Size Frontage Feet: 990
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001040
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: ADD POOL

Neighborhood

  • School District Name: Hoosic Valley Central School District
  • School Tax School District: HOOSIC VALLEY
  • Census Tract: 051901

Zoning

  • Zoning: R60

Geography

  • Account Number: 315J143150
  • District: 384289
  • Section: 51.02
  • Parcel: 384289 51.2-1-7
  • Block: 1
  • Lot: 7.000
  • Municipality: SCHAGHTICOKE (TOV)
  • Latitude: 42.8539
  • Longitude: -73.6175

    Address

  • Full Address: 64 Millard Rd
  • Address - House Number: 64
  • Address - Street Name: Millard
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Melrose
  • Carrier Code: R001
  • 4-Digit Zip Code: 1905
  • Zip Code: 12121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $594,808
  • Tax Rate Code Area: 384201

    Appraisal Valuation

  • Standard Deviation: 0.2301
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 68
  • Final Value: 323,772
  • High Value: 398,299
  • Low Value: 249,246

    Market Valuation

  • Market Total Value: $280,374
  • Market Land Value: $76,636
  • Market Improvement Value: $203,738

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $45,000
  • Assessed Land Value: $12,300
  • Assessed Improvements Value: $32,700
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:

$308,250

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2205 ft²

Average Home Age

95.7 years

Currently For Sale

337 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

Click here to view more rentals in the neighborhood.
Global MLS

Listed by: Kevin Clancy
Clancy Real Estate
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202424727
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 64 Millard Road built and last sold?
The property at 64 Millard Road was built in 1967 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 64 Millard Road is $0.
What are some comparable homes to 64 Millard Road?
There are currently no comparable homes to 64 Millard Road.
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