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Rotterdam 12303
1012 Palazini Drive
$310,000
● House - Off Market

1012 Palazini Drive

Rotterdam, NY 12303
bedrooms
4 Beds
bathrooms
1 Bath
square feet
1,796 Ft²
$1,812
Est. Monthly
9.84%
Cap Rate

About This Property

Welcome to 1012 Palazini Dr! Located in a peaceful neighborhood this newly updated home features fresh paint throughout, new vinyl flooring, new carpet, and new kitchen cabinets! 4 bedrooms, 1 full bathroom, an open kitchen layout with beautiful quartz countertops and peninsula, a living and dining room as well as first floor laundry! New Stainless-steel appliances and a spacious backyard awaits as well as a huge garage and shed for plenty of storage space! Ductless Mini split installed for year-round comfort, especially on those hot summer nights! Septic has been pumped and inspected for buyers peace of mind!
Unit Size
1,796 Ft²
Days on Market
42 days
Land Size
0.20 acres
Price per sqft
$167
Property Type
House
Property Taxes
$339
HOA Dues
-
Year Built
1940

Payment Calculator

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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: 2 years ago (Global MLS #202515753)

Price History

Date / Event Date Event Price
Jun 4, 2025 Sold
Premium
Sold
Apr 25, 2025 In contract -
In contract
Apr 23, 2025 Listed by The Moffatt Group, Inc $299,999
Listed by The Moffatt Group, Inc
Dec 20, 2024 Sold
Premium
Sold
Sep 19, 2024 In contract -
In contract
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,794
  • Building Area: 1,794
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,794
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUBDIVISION #4 OF COLD BROOK
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: COLDBROOK-284 5.-369-22

Neighborhood

  • School District Name: Rotterdam-Mohonasen Central School District
  • School Tax School District: MOHONASEN
  • Census Tract: 032902

Zoning

  • Zoning: R-1

Geography

  • District: 422800
  • Section: 59.11
  • Parcel: 422800 59.11-8-11
  • Block: 8
  • Lot: 11.000
  • Municipality: ROTTERDAM
  • Latitude: 42.7766
  • Longitude: -73.9374

    Address

  • Full Address: 1012 Palazini Dr
  • Address - House Number: 1012
  • Address - Street Name: Palazini
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C029
  • 4-Digit Zip Code: 3775
  • Zip Code: 12303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $458,806
  • Tax Rate Code Area: 422803

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 261,831
  • High Value: 323,292
  • Low Value: 200,370

    Market Valuation

  • Market Total Value: $215,800
  • Market Land Value: $11,843
  • Market Improvement Value: $203,957

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,000
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $155,000

    Exemptions

  • Veteran Exemption: Yes
  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 11, 2001
  • Current Sale Recording Date: Jul 18, 2001
  • Current Sale Price:
    Premium
  • Current 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 Rotterdam

Stats & Trends

Median Asking:

$279,900

Sale Price/ft²

$198

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1650 ft²

Average Home Age

76.4 years

Currently For Sale

50 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

Unit for rent at 1347 Union Street, Schenectady, NY, 12308

$2,950 /mo

  • 4 Beds
  • 1 Bath
  • 2,188 ft²
1347 Union Street, Schenectady, NY, 12308 Listing by Anthony Durante

Rentals Near You

Click here to view more rentals in the neighborhood.
Global MLS

Listed by: Edward Whitty
The Moffatt Group, Inc
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202515753
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 1012 Palazini Drive built and last sold?
The property at 1012 Palazini Drive was built in 1940 and last sold on Jul 11, 2001 for $76,500.
How much is this home worth?
The estimated value of the home located at 1012 Palazini Drive is $0.
What are some comparable homes to 1012 Palazini Drive?
There are currently no comparable homes to 1012 Palazini Drive.
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