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Albany 12309
76 Cascade Terrace
Photo of 76 Cascade Terrace
Sold on Jul 2, 2024

1

Map

$450,000
● House - Off Market

76 Cascade Terrace

Colonie, NY 12309
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,444 Ft²
$2,730
Est. Monthly
5.95%
Cap Rate

About This Property

Welcome home to this perfectly maintained custom split-level home! Efficiently designed kitchen boasts granite counters and abundance of cabinetry. Inviting family room adorned with a cozy gas fireplace is perfect for entertaining friends and family. Sliding glass door leads to patio overlooking private yard. Gleaming hardwood floors in family room and kitchen. Primary suite features vaulted ceilings and generous double closets to store your essentials. Spacious primary bathroom offers a luxurious jacuzzi tub where you can relax and unwind. Newer Anderson windows. Furnace & AC less than 3 yrs. This home is nestled in a quiet neighborhood that seamlessly abuts the picturesque Ashford Glen preserve where you can enjoy nature. Award winning Niskayuna Schools with Colonie property taxes.
Unit Size
2,444 Ft²
Days on Market
70 days
Land Size
0.28 acres
Price per sqft
$176
Property Type
House
Property Taxes
$618
HOA Dues
-
Year Built
1975

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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: 7 days ago (Global MLS #202414981)

Price History

Date / Event Date Event Price
Jul 2, 2024 Sold
Premium
Sold
Apr 30, 2024 In contract -
In contract
Apr 24, 2024 Relisted $429,900
Relisted
Apr 17, 2024 In contract -
In contract
Apr 11, 2024 Listed by Coldwell Banker Prime Properties $429,900
Listed by Coldwell Banker Prime Properties

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • 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: 372
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 2,444
  • Building Area: 2,444
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,444
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 76 N-CASCADE TERR E-74 C-67-99

Neighborhood

  • School District Name: Niskayuna Central School District
  • Census Tract: 013802

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 00700400040520000000
  • District: 012689
  • Section: 7.04
  • Parcel: 012689 7.4-4-52
  • Block: 4
  • Lot: 52.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7699
  • Longitude: -73.8316

    Address

  • Full Address: 76 Cascade Ter
  • Address - House Number: 76
  • Address - Street Name: Cascade
  • Address - Suffix Type: Ter
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C032
  • 4-Digit Zip Code: 1928
  • Zip Code: 12309

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $888,820
  • Tax Rate Code Area: 422401

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 424,815
  • High Value: 528,178
  • Low Value: 321,452

    Market Valuation

  • Market Total Value: $305,900
  • Market Land Value: $76,475
  • Market Improvement Value: $229,425

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,000
  • Assessed Land Value: $39,000
  • Assessed Improvements Value: $117,000

    Exemptions

  • Homeowner Exemption: Yes

    Open Lien Mortgages

  • Third Open Lien Mortgage Interest Rate Type: Y
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:

$331,000

Sale Price/ft²

$210

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2226 ft²

Average Home Age

91.1 years

Currently For Sale

582 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: Bonnie L Sindel
Coldwell Banker Prime Properties
Last Updated: 7 days ago
Data Source: Global MLS , MLS# 202414981
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 76 Cascade Terrace built and last sold?
The property at 76 Cascade Terrace was built in 1975 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 76 Cascade Terrace is $434,920.
What are some comparable homes to 76 Cascade Terrace?
There are currently no comparable homes to 76 Cascade Terrace.
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