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1125 Mc Clellan Street
About This Property
Welcome to 1125 McClellan Street in Schenectady, NY, a classic Cape Cod-style home offering over 1,900 square feet of living space. This 3-bedroom, 1.5-bath home with a full basement and 2-car garage is perfectly situated in a highly walkable neighborhood, just 1 mile to Ellis Hospital, 2 blocks to local schools, and only a few blocks from the shops, dining, and conveniences of Union Street.
Step inside to a sun-filled, bright interior featuring a spacious living room with charming built-ins and a decorative fireplace, creating an inviting focal point. The living area flows seamlessly into a window-lined office or reading room, perfect for remote work or relaxation.
The large formal dining room offers plenty of space for entertaining and connects to an expansive eat-in kitchen with abundant cabinetry, storage, and workspace--ideal for everyday living and hosting guests.
The first floor also includes a convenient half bath and a generous three-season room overlooking the fenced backyard and patio, providing additional space to unwind or entertain.
Upstairs, you'll find a spacious primary bedroom along with two additional full/queen-sized bedrooms, all offering ample natural light and closet space.
At this attractive price point, this home presents a fantastic opportunity to add value, personalize, and build sweat equity. Whether you're a first-time homebuyer, investor, or someone looking to customize their next home, this property is full of potential. Stop by and fall in love with this charmer.
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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.
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About Schenectady
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017