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Rotterdam 12303
1065 OUTER Drive
Photo of 1065 OUTER Drive
Sold on Jun 30, 2016

1

Map

$147,000
● House - Off Market

1065 OUTER Drive

Rotterdam, NY 12303
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,681 Ft²
$254,620
RealtyHop Estimate
69.75%
Since Jul 1, 2016
National-US
Primary Model

About This Property

Completely remodeled cape with 3-4 bedrooms and 1.5 bathrooms.  New Kitchen with stainless appliances, bathroom, flooring, roof, siding, and interior paint. Nothing to do but pull the moving truck up. One garage converted to large first floor bedroom, the other remains a two car, detached garage. Septic just inspected with no issues. Good Condition
Unit Size
1,681 Ft²
Days on Market
58 days
Land Size
-
Price per sqft
$89
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953

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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: 9 days ago (Global MLS #201608519)

Price History

Date / Event Date Event Price
Apr 2, 2024 Sold
Premium
Sold
Jan 25, 2024 In contract -
In contract
Jan 2, 2024 Listed by Clancy Real Estate $259,900
Listed by Clancy Real Estate
Jul 1, 2016 Sold
Premium
Sold
May 3, 2016 Listed by Clancy Real Estate $150,000
Listed by Clancy Real Estate
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 2000
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 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: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,481
  • Building Area: 1,481
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,481
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REVISION TO COLD BROOK SUBDIVISION #7
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: R,G2-REAR,2DM,BZY,FMRM COLDBROOK-521 5.-379-4

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 59.14-10-23
  • Block: 10
  • Lot: 23.000
  • Municipality: ROTTERDAM
  • Latitude: 42.774
  • Longitude: -73.943

    Address

  • Full Address: 1065 Outer Dr
  • Address - House Number: 1065
  • Address - Street Name: Outer
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C029
  • 4-Digit Zip Code: 4216
  • Zip Code: 12303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $591,877
  • Tax Rate Code Area: 422803

    Appraisal Valuation

  • Standard Deviation: 0.1009
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 90
  • Final Value: 269,109
  • High Value: 296,272
  • Low Value: 241,945

    Market Valuation

  • Market Total Value: $210,500
  • Market Land Value: $11,841
  • Market Improvement Value: $198,659

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,000
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $151,000

    Sales

  • Current Sale Contract Date: Mar 14, 2024
  • Current Sale Recording Date: Apr 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 19203
  • Previous Sale Recording Date: Jul 01, 2016
  • Previous Sale Contract Date: Jun 30, 2016
  • Previous Sale Amount: $147,000
  • 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

$199

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1642 ft²

Average Home Age

74.9 years

Currently For Sale

51 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

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Global MLS

Listed by: Kevin Clancy
Clancy Real Estate
Last Updated: 9 days ago
Data Source: Global MLS , MLS# 201608519
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 1065 Outer Drive built and last sold?
The property at 1065 Outer Drive was built in 1953 and last sold on Mar 14, 2024 for $260,000.
How much is this home worth?
The estimated value of the home located at 1065 Outer Drive is $262,499.
What are some comparable homes to 1065 Outer Drive?
There are currently no comparable homes to 1065 Outer Drive.
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