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Rensselaer
857 State Route 40
$275,408
● House - Off Market

857 State Route 40

Schaghticoke, NY 12121
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,352 Ft²
$285,719
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Be home for the New Year in this custom split level home. Freshly painted throughout, this home boasts a kitchen with stainless steel appliances. Under cabinets have lighting with tile.  Large and cozy dining area with chair rail. Large master bedroom with vaulted ceilings and upgraded master bathroom with Jacuzzi and marble counter tops and tile. Two large additional bedrooms with loft area in one. 18 x 20 family room with newer laminate flooring. Family room leads out to a nicely sized deck overlooking a large yard. 10x18 mud room. Full finished attic with lots of storage space. Garage is excluded from inspection. Easy to show.
Unit Size
1,352 Ft²
Days on Market
42 days
Land Size
0.65 acres
Price per sqft
$200
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1948

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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 #202230485)

Price History

Date / Event Date Event Price
Jan 17, 2023 Sold
Premium
Sold
Nov 25, 2022 Listed by Miranda Real Estate Group, Inc $269,900
Listed by Miranda Real Estate Group, Inc
Feb 15, 2008 Sold
Premium
Sold

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 4
  • Garage Square Area: 396
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 28,314
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 1,431
  • Total Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000650
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

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

Zoning

  • Zoning: RA

Geography

  • Account Number: 315J103760
  • District: 384289
  • Section: 51.02
  • Parcel: 384289 51.2-1-21
  • Block: 1
  • Lot: 21.000
  • Municipality: SCHAGHTICOKE (TOV)
  • Latitude: 42.8476
  • Longitude: -73.6229

    Address

  • Full Address: 857 State Route 40
  • Address - House Number: 857
  • Address - Street Name: State Route 40
  • State: NY
  • City Name: Melrose
  • Carrier Code: R001
  • 4-Digit Zip Code: 2118
  • Zip Code: 12121

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $433,505
  • Tax Rate Code Area: 384201

    Appraisal Valuation

  • Standard Deviation: 0.2708
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 61
  • Final Value: 268,952
  • High Value: 341,802
  • Low Value: 196,102

    Market Valuation

  • Market Total Value: $198,131
  • Market Land Value: $62,928
  • Market Improvement Value: $135,203

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $31,800
  • Assessed Land Value: $10,100
  • Assessed Improvements Value: $21,700

    Sales

  • Current Sale Contract Date: Jan 06, 2023
  • Current Sale Recording Date: Jan 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2023-622639
  • Previous Sale Recording Date: Feb 15, 2008
  • Previous Sale Contract Date: Feb 07, 2008
  • 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 Rensselaer

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$196

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2281 ft²

Average Home Age

96 years

Currently For Sale

332 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: Robin DeFalco
Miranda Real Estate Group, Inc
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202230485
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 857 State Route 40 built and last sold?
The property at 857 State Route 40 was built in 1948 and last sold on Jan 6, 2023 for $276,008.
How much is this home worth?
The estimated value of the home located at 857 State Route 40 is $0.
What are some comparable homes to 857 State Route 40?
There are currently no comparable homes to 857 State Route 40.
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