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Schenectady 12308
1131 PHOENIX Avenue
$132,500
● House - Off Market

1131 PHOENIX Avenue

Schenectady, NY 12308
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
$277,144
RealtyHop Estimate
103.93%
Since Jul 1, 2004
National-US
Primary Model

About This Property

MANY UPGRADES - REPLACEMENT WINDOWS 7/2003 - NEW ROOF ON FRONT PORCH & FAMILY ROOM & GARAGE - 7/2003.  NEW DRIVEWAY 2002 - NEW FRONT PORCH 2002 - ELECTRICAL UPGRADE 2002 - ELECTRICAL UPGRADE 2002 - CHIMNEY CLEANED &  BATHROOMS UPDATED 2002. Excellent Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$258
HOA Dues
-
Year Built
1923

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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 #24104631)

Price History

Date / Event Date Event Price
Feb 17, 2023 Sold
Premium
Sold
Nov 7, 2022 Listed by Coldwell Banker Prime Prop. $219,000
Listed by Coldwell Banker Prime Prop.
Nov 17, 2021 Sold
Premium
Sold
Oct 4, 2021 Sold
Premium
Sold
Jun 11, 2021 Listed by Coldwell Banker Prime Prop. $190,000
Listed by Coldwell Banker Prime Prop.
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 24
  • Exterior Walls Type: 19
  • 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: 4
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,525
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,763
  • Building Area: 1,763
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,763
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000149
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 051 2 OOD 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: 40.77
  • Parcel: 421500 40.77-1-59
  • Block: 1
  • Lot: 59.000
  • Municipality: SCHENECTADY
  • Latitude: 42.8112
  • Longitude: -73.9135

    Address

  • Full Address: 1131 Phoenix Ave
  • Address - House Number: 1131
  • Address - Street Name: Phoenix
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C007
  • 4-Digit Zip Code: 2601
  • Zip Code: 12308

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $682,666
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.2407
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 248,727
  • High Value: 308,600
  • Low Value: 188,854

    Market Valuation

  • Market Total Value: $182,658
  • Market Land Value: $27,342
  • Market Improvement Value: $155,316

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,300
  • Assessed Land Value: $21,600
  • Assessed Improvements Value: $122,700

    Sales

  • Current Sale Contract Date: Jan 30, 2023
  • Current Sale Recording Date: Feb 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9503
  • Previous Sale Recording Date: Nov 17, 2021
  • Previous Sale Contract Date: Oct 04, 2021
  • Previous Sale Amount: $211,000
  • 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 Schenectady

Stats & Trends

Median Asking:

$259,900

Sale Price/ft²

$154

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1945 ft²

Average Home Age

93 years

Currently For Sale

170 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 1422 Regent Street, Niskayuna, NY, 12309

$2,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,439 ft²
1422 Regent Street, Niskayuna, NY, 12309 Listing by Nancy Klopfer

Rentals Near You

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

Listed by: Mary Joan Miller
Coldwell Banker Prime Prop.
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 24104631
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 1131 Phoenix Avenue built and last sold?
The property at 1131 Phoenix Avenue was built in 1923 and last sold on Jan 30, 2023 for $221,000.
How much is this home worth?
The estimated value of the home located at 1131 Phoenix Avenue is $221,190.
What are some comparable homes to 1131 Phoenix Avenue?
There are currently no comparable homes to 1131 Phoenix Avenue.
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