INVESTMENT OPPORTUNITY IN GRAFTON | 4-BEDROOM HOME ON 0.86 ACRES This 4-bedroom, 1-bath home on 0.86 level acres offers an excellent renovation opportunity in the Town of Grafton. Located on quiet Old Road and just minutes from Grafton Lakes State Park, the property provides a peaceful country setting while maintaining an easy commute to Troy, Brunswick, and the greater Capital Region. The home offers one-floor living, seven rooms, four bedrooms, a full bathroom, and a full basement, providing a solid footprint with plenty of space to reconfigure and bring your vision to life. Whether you're an investor, flipper, contractor, or handy buyer, this property offers an opportunity to create value and build equity through renovation. The level 0.86-acre lot provides usable outdoor space and a desirable rural setting. The full basement adds valuable storage and potential for additional functionality, subject to buyer due diligence and applicable municipal requirements. The property is currently winterized and is being sold strictly AS-IS, WHERE-IS. No repairs will be made by the seller. Cash or rehab loan only. Buyer is responsible for all inspections, due diligence, permits, zoning verification, municipal requirements, and determining the feasibility of any renovations or improvements. Conveniently located near Grafton Lakes State Park and within easy reach of Troy, Brunswick, shopping, dining, employment, and major Capital Region roadways. Bring your contractor, bring your vision, and take advantage of the potential this property offers. A 4-bedroom home, 0.86 acres, full basement, one-floor layout, and Grafton location make this a compelling opportunity for the right buyer. Schedule your showing today and start planning the possibilities!
Single-familyProperty Type
1944Year Built
0.86 acresLot Size
$49Price/Sq.Ft.
2 spacesParking
Listing by Angela Gonyo• Wolf River Real Estate LLC
Cash only, sold as-is - bring your contractor and your vision. This 1944 home sits on 0.86 level acres on quiet Old Road in the Town of Grafton, minutes from Grafton Lakes State Park and an easy commute to Troy, Brunswick and the Capital Region. Seven rooms, four bedrooms and a full bath, plus a full basement, give you real square footage to work with and plenty of room to reconfigure. The house is currently winterized and ready for you to rehab - an ideal project for an investor, flipper or handy buyer looking to build instant sweat equity in low-tax Rensselaer County, where the annual taxes here run roughly $2,113. No repairs will be made; the property conveys as-is, where-is, cash only, with buyer responsible for all due diligence, inspections and any municipal requirements. Country setting, hard-to-beat price, endless upside - schedule your showing and start planning the renovation.
Public Records
Oct 24, 2005
Sold
$83,700
$59/sq ft
Global MLS #24119913
Feb 15, 2005
Sold
$76,000
$53/sq ft
Jan 8, 2005
Listing Removed
—
Dec 8, 2004
Listed
$79,800
$56/sq ft
+2
Move right into this improved one story home! Newer septic, roof & furnace! Pine tongue & grove walls in the living room makes for cozy evenings by the fireplace! Very Good Condition
Year
Property tax
Land + Additions
Assessment*
2026
$2,656
$25,100 + $46,900
$72,000
2025
$2,656 (+0.9%)
$25,100 + $46,900
$72,000
2024
$2,632 (+11.9%)
$25,100 + $46,900
$72,000
2023
$2,353 (+22.9%)
$25,100 + $46,900
$72,000
2022
$1,915 (−2.8%)
$25,100 + $46,900
$72,000
2021
$1,970 (−39.6%)
$25,100 + $46,900
$72,000
2020
$3,264 (+66.8%)
$25,100 + $46,900
$72,000
2019
$1,957 (−20.4%)
$25,100 + $46,900
$72,000
2018
$2,459 (−1.1%)
$25,100 + $46,900
$72,000
2017
$2,486 (+4.8%)
$2,100 + $5,900
$8,000
2016
$2,372 (+2.2%)
$2,100 + $5,900
$8,000
2015
$2,321 (−22.1%)
$2,100 + $5,900
$8,000
2014
$2,978
$2,100 + $5,900
$8,000
Public record
Beds
2
Baths
1
Stories
1
Lot width
342 ft.
Lot depth
152 ft.
Lot size
0.86 Acres
Year renovated
—
Finished Sq. Ft.
1,425
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,425
Year built
1944
Style
Single Family Residential
County
Rensselaer County
APN
382600A08400000010230000000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 10, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
1/10 Heat Factor
7 days above 91° expected this year, 16 days in 30 years
3/10 Wind Factor
6% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Cropseyville, NY • 12052
Average low and high temperatures (°F)
25
12
29
13
46
27
56
36
63
45
75
55
81
61
76
54
72
50
59
39
44
30
31
17
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
96/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 26% for direct sun exposure in Cropseyville. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
5.8 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 428 Old Rd
$64,187
$5,812 under list price of $70K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $40K to $560K.