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Rotterdam 12303
1029 THEODORE Road
$174,000
● House - Off Market

1029 THEODORE Road

Rotterdam, NY 12303
bedrooms
3 Beds
bathrooms
1 Bath
$242,929
RealtyHop Estimate
31.38%
Since Jan 1, 2021
National-US
Primary Model

About This Property

Welcome to 1029 Theodore Rd, located on a quiet dead end street in Rotterdam. Need to down size ? Or simply looking for one level living, well look no further. This home has everything you need an more. Pull into the large double lane driveway with ample parking. Garage has been converted into finished space and can be easily switched back for parking. Enjoy the large eat in kitchen with updated cabinetry, hardwood floors and 18 x 18 great room off the back of the home. The great room is constructed with knotty pine, surrounded in high efficiency windows and a gas insert fireplace. The ideal spot to entertain or simply watch your favorite movie. Exterior of the home offers the right amount of space and privacy with a sprinkler system. Sold as is, seller is motivated so bring all offers. Very Good Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$365
HOA Dues
-
Year Built
1950

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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: 3 years ago (Global MLS #202028093)

Price History

Date / Event Date Event Price
Jan 7, 2021 Sold
Premium
Sold
Sep 13, 2020 Listed by 518 Realty.Com Inc $184,900
Listed by 518 Realty.Com Inc

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1950
  • 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: 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: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,429
  • Building Area: 1,429
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,429
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: R,G FREDS COMM - 228 4.-296-1

Neighborhood

  • School District Name: Rotterdam-Mohonasen Central School District
  • School Tax School District: MOHONASEN
  • Census Tract: 032901

Zoning

  • Zoning: R-1

Geography

  • District: 422800
  • Section: 59.20
  • Parcel: 422800 59.20-4-9
  • Block: 4
  • Lot: 9.000
  • Municipality: ROTTERDAM
  • Latitude: 42.7671
  • Longitude: -73.9224

    Address

  • Full Address: 1029 Theodore Rd
  • Address - House Number: 1029
  • Address - Street Name: Theodore
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C025
  • 4-Digit Zip Code: 3374
  • Zip Code: 12303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $606,673
  • Tax Rate Code Area: 422803

    Appraisal Valuation

  • Standard Deviation: 0.2409
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 247,652
  • High Value: 307,327
  • Low Value: 187,977

    Market Valuation

  • Market Total Value: $215,800
  • Market Land Value: $13,027
  • Market Improvement Value: $202,773

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $164,000
  • Assessed Land Value: $9,900
  • Assessed Improvements Value: $154,100

    Sales

  • Current Sale Contract Date: Dec 03, 2020
  • Current Sale Recording Date: Jan 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 202100757
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 3911 Albany Street, Schenectady, NY, 12304

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 1,200 ft²
3911 Albany Street, Schenectady, NY, 12304 Listing by Brian A Amaral

Rentals Near You

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

Listed by: Jamie Mattison
518 Realty.Com Inc
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202028093
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 1029 Theodore Road built and last sold?
The property at 1029 Theodore Road was built in 1950 and last sold on Dec 3, 2020 for $174,000.
How much is this home worth?
The estimated value of the home located at 1029 Theodore Road is $0.
What are some comparable homes to 1029 Theodore Road?
There are currently no comparable homes to 1029 Theodore Road.
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