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Schenectady 12306
1009 PRINCETOWN Road
$187,000
● House - Off Market

1009 PRINCETOWN Road

Rotterdam, NY 12306
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,882 Ft²
$219,480
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Expansive 3 bedroom 2 bathroom raised ranch centrally located to all amenities and restaurants in a desirable neighborhood close to Via Port/Rotterdam Square Mall.  Over 1800 square feet of living space, partially finished basement with family room, custom built wood cabinets, stainless steel appliances, a second kitchen in finished basement, and large bedrooms.  This home has a great sized fenced-in backyard and offers tons of potential for the next owner..Central A/C and plenty of off-street parking...Cosmetic improvements will make this property shine again.Tenants are currently occupying property...24 hour prior notice to showing, All Covid-19 procedures and disclosures must be followed.  Covid 19 Disclosures to be signed and sent to listing agent before showings are approved. Good Condition
Unit Size
1,882 Ft²
Days on Market
107 days
Land Size
-
Price per sqft
$101
Property Type
House
Property Taxes
$750
HOA Dues
-
Year Built
1974

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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 #202023996)

Price History

Date / Event Date Event Price
Aug 11, 2021 Sold
Premium
Sold
Jul 29, 2020 Listed by Coldwell Banker Prime Properties $189,900
Listed by Coldwell Banker Prime Properties

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1985
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 2
  • 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: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,782
  • Gross Building Area: 1,782
  • Building Area: 1,782
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,782
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRINCETOWN ESTATES
  • Land Acres: 0000000260
  • Standard Land Use Code: 1999
  • County Land Use Code: 215
  • Legal Description 1: R,G,BF,OG,TLSH,ENC PT PRINCETOWN EST - 4 6.-492-22

Neighborhood

  • School District Name: Schalmont Central School District
  • School Tax School District: SCHALMONT
  • Census Tract: 032602

Zoning

  • Zoning: R-1

Geography

  • District: 422800
  • Section: 48.13
  • Parcel: 422800 48.13-1-4
  • Block: 1
  • Lot: 4.000
  • Municipality: ROTTERDAM
  • Latitude: 42.7978
  • Longitude: -73.9951

    Address

  • Full Address: 1009 Princetown Rd
  • Address - House Number: 1009
  • Address - Street Name: Princetown
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: R008
  • 4-Digit Zip Code: 9774
  • Zip Code: 12306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $831,111
  • Tax Rate Code Area: 422801

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 273,928
  • High Value: 338,229
  • Low Value: 209,627

    Market Valuation

  • Market Total Value: $260,500
  • Market Land Value: $20,524
  • Market Improvement Value: $239,976

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $198,000
  • Assessed Land Value: $15,600
  • Assessed Improvements Value: $182,400

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Aug 11, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 12
  • Current Sale Input Document Number: 202138826
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 Schenectady

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$192

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1942 ft²

Average Home Age

82.1 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

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Global MLS

Listed by: David La Mar
Coldwell Banker Prime Properties
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202023996
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 1009 Princetown Road built and last sold?
The property at 1009 Princetown Road was built in 1974 and last sold on Jul 22, 2021 for $198,000.
How much is this home worth?
The estimated value of the home located at 1009 Princetown Road is $0.
What are some comparable homes to 1009 Princetown Road?
There are currently no comparable homes to 1009 Princetown Road.
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