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Schenectady 12309
1053 Timothy Lane
$390,000
● House - Off Market

1053 Timothy Lane

Niskayuna, NY 12309
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,930 Ft²
$2,335
Est. Monthly
7.94%
Cap Rate

About This Property

Welcome to this immaculate raised ranch in Niskayuna! Pride of ownership shines throughout this impeccably maintained home, featuring a bright and inviting layout with plenty of natural light. The finished garage offers additional versatile space-perfect for a home gym, office, or recreation area. Situated in a convenient location close to shopping, parks, and top-rated schools, this property is move-in ready and full of potential. Don't miss your chance to call this gem home!
Unit Size
1,930 Ft²
Days on Market
55 days
Land Size
0.31 acres
Price per sqft
$186
Property Type
House
Property Taxes
$568
HOA Dues
-
Year Built
1965

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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: 2 years ago (Global MLS #202519713)

Price History

Date / Event Date Event Price
Aug 11, 2025 Sold
Premium
Sold
Jun 19, 2025 In contract -
In contract
Jun 17, 2025 Listed by Coldwell Banker Prime Properties $359,900
Listed by Coldwell Banker Prime Properties
Jul 7, 2021 Sold
Premium
Sold
Dec 18, 2020 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 736
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,792
  • Building Area: 1,792
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,792
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF TIMOTHY HILLS
  • Land Acres: 0000000310
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Niskayuna Central School District
  • School Tax School District: NISKAYUNA
  • Census Tract: 032102

Zoning

  • Zoning: R1

Geography

  • District: 422400
  • Section: 61.11
  • Parcel: 422400 61.11-2-28
  • Block: 2
  • Lot: 28.000
  • Municipality: NISKAYUNA
  • Latitude: 42.7807
  • Longitude: -73.8384

    Address

  • Full Address: 1053 Timothy Ln
  • Address - House Number: 1053
  • Address - Street Name: Timothy
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C014
  • 4-Digit Zip Code: 1617
  • Zip Code: 12309

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $917,736
  • Tax Rate Code Area: 422401

    Appraisal Valuation

  • Standard Deviation: 0.2157
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 356,552
  • High Value: 433,488
  • Low Value: 279,616

    Market Valuation

  • Market Total Value: $278,500
  • Market Land Value: $51,143
  • Market Improvement Value: $227,357

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $220,000
  • Assessed Land Value: $40,400
  • Assessed Improvements Value: $179,600

    Sales

  • Current Sale Contract Date: Dec 18, 2020
  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202131991
  • Previous Sale Recording Date: Mar 25, 2015
  • Previous Sale Contract Date: Mar 25, 2015
  • Previous Sale Amount: $219,500
  • 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:

$299,000

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1995 ft²

Average Home Age

82.1 years

Currently For Sale

341 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 108 Vly Pointe Drive, Niskayuna, NY, 12309

$3,000 /mo

  • 2 Beds
  • 2 Baths
  • 2,040 ft²
108 Vly Pointe Drive, Niskayuna, NY, 12309 Listing by Theresa S Gucciardo

Rentals Near You

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

Listed by: Paul A Friello
Coldwell Banker Prime Properties
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202519713
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 1053 Timothy Lane built and last sold?
The property at 1053 Timothy Lane was built in 1965 and last sold on Dec 18, 2020 for $286,000.
How much is this home worth?
The estimated value of the home located at 1053 Timothy Lane is $360,057.
What are some comparable homes to 1053 Timothy Lane?
There are currently no comparable homes to 1053 Timothy Lane.
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