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Rotterdam 12303
1129 Outer Drive
$312,500
● House - Off Market

1129 Outer Drive

Rotterdam, NY 12303
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,320 Ft²
$2,013
Est. Monthly
6.24%
Cap Rate

About This Property

***Multiple Offer Deadline 5/5 @ 7PM*** Welcome to this beautifully renovated 3-bedroom, 2-bathroom home in the highly desirable Mohonasen School District. Step inside to a bright, modern interior featuring a sleek kitchen with stainless steel appliances, granite countertops, and ample cabinetry. The formal dining room is ideal for entertaining, while the updated first-floor bathroom with a tiled shower offers convenient one-level living. Upstairs, retreat to a spacious primary suite complete with a luxurious bathroom featuring a rain shower and skylights that flood the space with natural light. Outside, enjoy a fully fenced backyard with a charming paver patio, cozy firepit, and a shed for additional storage. An attached one-car garage adds even more convenience.
Unit Size
1,320 Ft²
Days on Market
36 days
Land Size
0.19 acres
Price per sqft
$227
Property Type
House
Property Taxes
$540
HOA Dues
-
Year Built
1950

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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 #202516382)

Price History

Date / Event Date Event Price
Jun 6, 2025 Sold
Premium
Sold
May 7, 2025 In contract -
In contract
May 1, 2025 Listed by KW Platform $299,900
Listed by KW Platform
Jan 12, 2023 Sold
Premium
Sold
Dec 8, 2022 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 2000
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 1
  • Garage Square Area: 336
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,320
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: R,G COLDBROOK-567 5.-380-25

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: 59.10
  • Parcel: 422800 59.10-11-34
  • Block: 11
  • Lot: 34.000
  • Municipality: ROTTERDAM
  • Latitude: 42.7777
  • Longitude: -73.9441

    Address

  • Full Address: 1129 Outer Dr
  • Address - House Number: 1129
  • Address - Street Name: Outer
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C029
  • 4-Digit Zip Code: 3677
  • Zip Code: 12303

Valuation

    Tax

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

    Appraisal Valuation

  • Standard Deviation: 0.2367
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 241,731
  • High Value: 298,962
  • Low Value: 184,500

    Market Valuation

  • Market Total Value: $256,053
  • Market Land Value: $11,316
  • Market Improvement Value: $244,737

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $194,600
  • Assessed Land Value: $8,600
  • Assessed Improvements Value: $186,000

    Sales

  • Current Sale Contract Date: Dec 08, 2022
  • Current Sale Recording Date: Jan 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202301951
  • Previous Sale Recording Date: Dec 17, 2010
  • Previous Sale Contract Date: Dec 16, 2010
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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:

$279,450

Sale Price/ft²

$199

Below Asking

0.01%

Average Days on Market

64

Average Home Size

1632 ft²

Average Home Age

75.5 years

Currently For Sale

53 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

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
418 3rd Street #2FL, Schenectady, NY, 12306 Listing by Moonrani G Gumani

Rentals Near You

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

Listed by: Robert Saumell Jr.
KW Platform
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202516382
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 1129 Outer Drive built and last sold?
The property at 1129 Outer Drive was built in 1950 and last sold on Dec 8, 2022 for $261,000.
How much is this home worth?
The estimated value of the home located at 1129 Outer Drive is $301,496.
What are some comparable homes to 1129 Outer Drive?
There are currently no comparable homes to 1129 Outer Drive.
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