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245 Schoolhouse Rd

Albany, NY 12203

3 bd 2 ba 1,238 sqft Built 1940 Lot 9,583 sqft single_family
Most recent sale
$200,000
Aug 9, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 3, 2024 Listing removed $199,900 MyStateMLS
Aug 9, 2022 Sold $200,000 Public Record
Jul 1, 2022 Sold $220,000 MLS #202214538
Apr 9, 2022 Price changed $209,500 MLS #202214538
Apr 2, 2022 Listed $214,900 MLS #141446
Mar 31, 2022 Listed $214,900 MLS #202214538
Sep 4, 2021 Listing removed $196,999 GlobalMLS
Feb 13, 2021 Listing removed $199,900 GlobalMLS
Oct 6, 2006 Sold $127,000 MLS #26116811
Aug 9, 2006 Listed $119,900 MLS #26116811
Jan 18, 2006 Sold $98,000 GlobalMLS
Aug 5, 2004 Sold $85,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $93,900 $67,500 $161,400 $1,778
2024 $93,900 $67,500 $161,400 $1,380
2023 $63,900 $67,500 $131,400 $1,337
2022 $63,900 $67,500 $131,400 $1,330
2021 $63,900 $67,500 $131,400 $1,307
2020 $63,900 $67,500 $131,400 $1,308
2019 $63,900 $67,500 $131,400 $1,298
2016 $63,900 $67,500 $131,400 $2,138
2014 $63,900 $67,500 $131,400 $57
2013 $70,100 $26,300 $96,400 $1,396
2012 $70,100 $26,300 $96,400 $2,395
2010 $70,100 $26,300 $96,400 $1,277

Property facts

Year built
1940
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,238 sqft
Lot size
9,583 sqft
ZIP code
12203
City
Albany
Street
Schoolhouse Rd
Coordinates
42.66867, -73.84723

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,200
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 245 Schoolhouse Rd last sell?
245 Schoolhouse Rd most recently sold on Aug 9, 2022 for $200,000.
What is the current tax assessment for 245 Schoolhouse Rd?
The most recent total assessment for 245 Schoolhouse Rd (year 2025) is $161,400 with $1,778 in property tax.
How does 245 Schoolhouse Rd's assessment compare to its last sale price?
The current assessment is 19.3% below the last sale price of $200,000.
When was 245 Schoolhouse Rd built?
245 Schoolhouse Rd was built in 1940.
How does 245 Schoolhouse Rd compare to others on Schoolhouse Rd?
We track 8 other properties on Schoolhouse Rd. Browse the list under "Other properties on Schoolhouse Rd" to compare beds, baths, and sale history.
What are the property facts for 245 Schoolhouse Rd?
245 Schoolhouse Rd is a 3 bed, 2 bath, 1,238 sqft, 9,583 sqft lot single_family.
Is 245 Schoolhouse Rd a flip candidate?
No — 245 Schoolhouse Rd does not appear in our flips dataset.
Is 245 Schoolhouse Rd a tax-appeal candidate?
No — 245 Schoolhouse Rd is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.7%
Implied 1-yr
+26.9%
2026 Q3
$582.5K
2026 Q4
$609.8K
ZIP 12203 — Median Price History + Forecast

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