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Rotterdam 12303
1032 Alheim Dr Drive
$155,000
● House - Off Market

1032 Alheim Dr Drive

Rotterdam, NY 12303
bedrooms
3 Beds
bathrooms
1 Bath
$164,084
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Attention Investors,flippers, buyers. This house needs a little love, sold as is. Whole house Generac Generator, 2 car garage with walk up attic and workshop. Supplemental well for outside yard and on demand hot water. Great enclosed patio in backyard for your summer BBQ's. Great area, close to restaurants and stores.
Unit Size
-
Days on Market
-
Land Size
0.20 acres
Price per sqft
-
Property Type
House
Property Taxes
$347
HOA Dues
-
Year Built
1950

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: 3 years ago (Global MLS #202310158)

Price History

Date / Event Date Event Price
Feb 23, 2023 Sold
Premium
Sold
Jan 5, 2023 Listed by Clancy Real Estate $155,000
Listed by Clancy Real Estate

Property Highlights

Garage

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: 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: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,300
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLD BROOK
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: R,G,2DM COLDBROOK-315 5.-371-3

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 59.14-8-28
  • Block: 8
  • Lot: 28.000
  • Municipality: ROTTERDAM
  • Latitude: 42.7768
  • Longitude: -73.9387

    Address

  • Full Address: 1032 Alheim Dr
  • Address - House Number: 1032
  • Address - Street Name: Alheim
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C029
  • 4-Digit Zip Code: 3766
  • Zip Code: 12303

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2589
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 204,616
  • High Value: 257,605
  • Low Value: 151,627

    Market Valuation

  • Market Total Value: $168,400
  • Market Land Value: $11,841
  • Market Improvement Value: $156,559

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $128,000
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $119,000

    Sales

  • Current Sale Contract Date: Jan 30, 2023
  • Current Sale Recording Date: Feb 23, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 202310458
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

1654 ft²

Average Home Age

75 years

Currently For Sale

44 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 418 3rd Street, Schenectady, NY, 12306

$2,200 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
418 3rd Street #1STFL, Schenectady, NY, 12306 Listing by Moonrani G Gumani

Rentals Near You

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

Listed by: Kevin Clancy
Clancy Real Estate
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202310158
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 1032 Alheim Drive built and last sold?
The property at 1032 Alheim Drive was built in 1950 and last sold on Jan 30, 2023 for $155,000.
How much is this home worth?
The estimated value of the home located at 1032 Alheim Drive is $156,550.
What are some comparable homes to 1032 Alheim Drive?
There are currently no comparable homes to 1032 Alheim Drive.
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