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Rotterdam 12303
1025 INNER Drive
$73,000
● House - Off Market

1025 INNER Drive

Rotterdam, NY 12303
bedrooms
4 Beds
bathrooms
1 Bath
$155,267
RealtyHop Estimate
94.33%
Since Feb 1, 2014
National-US
Primary Model

About This Property

Great starter home or rehab opportunity. Updates include: boiler new in 2007, roof new in 2007, septic pumped in May 2013, some replacement windows. Fantastic yard! Shed dormer on 2nd floor provides spacious bonus room. Washing machine is in kitchen. Original knotty pine. Buried oil tank; ground and area was tested and passed. Annual water rent bill $25. Taxes shown WITHOUT STAR and other exemptions. Very Good Condition, Good Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$218
HOA Dues
-
Year Built
1946

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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 years ago (Global MLS #201332689)

Price History

Date / Event Date Event Price
Oct 14, 2022 Sold
Premium
Sold
Jul 8, 2022 Listed by Brokers Network $189,000
Listed by Brokers Network
Jan 23, 2014 Sold
Premium
Sold
Nov 11, 2013 Listed by Brokers Network $79,900
Listed by Brokers Network

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1946
  • Effective Year Built: 1990
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 175
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Lot Size Depth Feet: 1,550
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,313
  • Building Area: 1,313
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,313
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: R,DM,TLSH COLDBROOK -411 5.-374-19

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: 59.14
  • Parcel: 422800 59.14-13-2
  • Block: 13
  • Lot: 2.000
  • Municipality: ROTTERDAM
  • Latitude: 42.7751
  • Longitude: -73.9397

    Address

  • Full Address: 1025 Inner Dr
  • Address - House Number: 1025
  • Address - Street Name: Inner
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C029
  • 4-Digit Zip Code: 4208
  • Zip Code: 12303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $473,501
  • Tax Rate Code Area: 422803

    Appraisal Valuation

  • Standard Deviation: 0.2334
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 211,393
  • High Value: 260,752
  • Low Value: 162,034

    Market Valuation

  • Market Total Value: $168,400
  • Market Land Value: $14,209
  • Market Improvement Value: $154,191

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,000
  • Assessed Land Value: $10,800
  • Assessed Improvements Value: $117,200

    Sales

  • Current Sale Contract Date: Oct 06, 2022
  • Current Sale Recording Date: Oct 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 54525
  • Previous Sale Recording Date: Jan 23, 2014
  • Previous Sale Contract Date: Jan 16, 2014
  • Previous Sale Amount: $73,000
  • Previous Sale Document Type: 71
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

1624 ft²

Average Home Age

76.4 years

Currently For Sale

49 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: Barbara Walton
Brokers Network
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201332689
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 1025 Inner Drive built and last sold?
The property at 1025 Inner Drive was built in 1946 and last sold on Oct 6, 2022 for $190,000.
How much is this home worth?
The estimated value of the home located at 1025 Inner Drive is $0.
What are some comparable homes to 1025 Inner Drive?
There are currently no comparable homes to 1025 Inner Drive.
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