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Schenectady 12306
1021 Mary Lane
Photo of 1021 Mary Lane
Sold on Jul 9, 2024

1

Map

$333,000
● House - Off Market

1021 Mary Lane

Rotterdam, NY 12306
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,714 Ft²
$2,000
Est. Monthly
6.70%
Cap Rate

About This Property

Welcome to this stunning Ashley Ranch, nestled in a serene neighborhood within the Schalmont School District. This charming home offers three spacious bedrooms and two full bathrooms. Featuring a large family room and kitchen, as well as a large living room (currently used as a dining room). The partially finished basement provides additional space for entertaining, storage or a home office. Enjoy a fence backyard with a large deck, shed and a one car garage.
Unit Size
1,714 Ft²
Days on Market
42 days
Land Size
0.33 acres
Price per sqft
$175
Property Type
House
Property Taxes
$527
HOA Dues
-
Year Built
1971

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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: 3 days ago (Global MLS #202418063)

Price History

Date / Event Date Event Price
Jul 9, 2024 Sold
Premium
Sold
May 31, 2024 In contract -
In contract
May 28, 2024 Listed by Gabler Realty LLC $299,900
Listed by Gabler Realty LLC
Aug 31, 2016 Sold
Premium
Sold
Jun 22, 2016 Listed by Gabler Realty LLC $174,900
Listed by Gabler Realty LLC
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1980
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 1
  • Garage Square Area: 364
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 950
  • Total Building Area: 1,714
  • Building Area: 1,714
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,714
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: R,G,HBF,OG,TLSH,ADD GLEN MARY MNR#2 - 25 7.-532-2

Neighborhood

  • School District Name: Schalmont Central School District
  • School Tax School District: SCHALMONT
  • Census Tract: 032601

Zoning

  • Zoning: R-1

Geography

  • District: 422800
  • Section: 47.20
  • Parcel: 422800 47.20-2-8
  • Block: 2
  • Lot: 8.000
  • Municipality: ROTTERDAM
  • Latitude: 42.7891
  • Longitude: -74.006

    Address

  • Full Address: 1021 Mary Ln
  • Address - House Number: 1021
  • Address - Street Name: Mary
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C022
  • 4-Digit Zip Code: 1132
  • Zip Code: 12306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $818,519
  • Tax Rate Code Area: 422801

    Appraisal Valuation

  • Standard Deviation: 0.2337
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 295,507
  • High Value: 364,570
  • Low Value: 226,445

    Market Valuation

  • Market Total Value: $256,600
  • Market Land Value: $32,634
  • Market Improvement Value: $223,966

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $195,000
  • Assessed Land Value: $24,800
  • Assessed Improvements Value: $170,200

    Sales

  • Current Sale Contract Date: Aug 30, 2016
  • Current Sale Recording Date: Aug 31, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201639670
  • Previous Sale Recording Date: Apr 13, 2004
  • Previous Sale Contract Date: Apr 09, 2004
  • Previous Sale Amount: $154,000
  • 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 Schenectady

Stats & Trends

Median Asking:

$299,525

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1972 ft²

Average Home Age

82.3 years

Currently For Sale

347 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: Paula L Rice
Gabler Realty LLC
Last Updated: 3 days ago
Data Source: Global MLS , MLS# 202418063
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 1021 Mary Lane built and last sold?
The property at 1021 Mary Lane was built in 1971 and last sold on Aug 30, 2016 for $171,500.
How much is this home worth?
The estimated value of the home located at 1021 Mary Lane is $0.
What are some comparable homes to 1021 Mary Lane?
There are currently no comparable homes to 1021 Mary Lane.
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