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Schenectady 12309
1122 LEXINGTON Avenue
$92,000
● House - Off Market

1122 LEXINGTON Avenue

Schenectady, NY 12309
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$262,723
RealtyHop Estimate
185.57%
Since Dec 1, 2000
National-US
Primary Model

About This Property

IMMACULATE COLONIAL, OAK CABINETRY,DININGROOM W/MAHOGANY WAINSCOTING/FRENCH DOORS,NEUTRAL WW OVER HRDWD MUST SEE CALL HOMEOWNER DIRECT FOR APPT/INFO/OFFERS.377-4723 -- Excellent Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$300
HOA Dues
-
Year Built
1920

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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 #2026062)

Price History

Date / Event Date Event Price
Aug 3, 2022 Sold
Premium
Sold
Jun 9, 2022 Listed by Buyers First Choice $224,900
Listed by Buyers First Choice
Dec 12, 2018 Sold
Premium
Sold
May 5, 2017 Sold
Premium
Sold
Nov 8, 2000 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,418
  • Building Area: 1,418
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,418
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MAP OF PROPERTY TO WILLAIM GINIEKCKI
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 2 WOOD AND GARAGE

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 020500

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 421500
  • Section: 40.78
  • Parcel: 421500 40.78-3-13
  • Block: 3
  • Lot: 13.000
  • Municipality: SCHENECTADY
  • Latitude: 42.8093
  • Longitude: -73.9063

    Address

  • Full Address: 1122 Lexington Ave
  • Address - House Number: 1122
  • Address - Street Name: Lexington
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C007
  • 4-Digit Zip Code: 5624
  • Zip Code: 12309

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $623,114
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.2295
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 70
  • Final Value: 240,560
  • High Value: 291,937
  • Low Value: 189,183

    Market Valuation

  • Market Total Value: $187,848
  • Market Land Value: $24,684
  • Market Improvement Value: $163,164

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $148,400
  • Assessed Land Value: $19,500
  • Assessed Improvements Value: $128,900

    Sales

  • Current Sale Contract Date: Jul 25, 2022
  • Current Sale Recording Date: Aug 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 202240975
  • Previous Sale Recording Date: Dec 12, 2018
  • Previous Sale Contract Date: Aug 07, 2017
  • Previous Sale Amount: $48,000
  • Previous Sale Document Type: 12
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:

$259,900

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1960 ft²

Average Home Age

93.3 years

Currently For Sale

169 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 153 Barrett Street, Schenectady, NY, 12305

$2,295 /mo

  • 1 Bed
  • 1 Bath
  • 1,323 ft²
153 Barrett Street, Schenectady, NY, 12305 Listing by Anthony Durante
Unit for rent at 534 Brandywine Avenue, Schenectady, NY, 12308

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,166 ft²
534 Brandywine Avenue #1STFLOOR, Schenectady, NY, 12308 Listing by Scott Frahm

Rentals Near You

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

Listed by: Patricia Dalessandro
Buyers First Choice
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 2026062
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 1122 Lexington Avenue built and last sold?
The property at 1122 Lexington Avenue was built in 1920 and last sold on Jul 25, 2022 for $220,000.
How much is this home worth?
The estimated value of the home located at 1122 Lexington Avenue is $0.
What are some comparable homes to 1122 Lexington Avenue?
There are currently no comparable homes to 1122 Lexington Avenue.
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