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Rotterdam 12303
1148 Outer Drive
$275,000
● House - Off Market

1148 Outer Drive

Rotterdam, NY 12303
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,170 Ft²
$1,738
Est. Monthly
8.03%
Cap Rate

About This Property

Adorable and move-in ready 3BR, 2BA Cape located in  Mohonasen Schools. This charming home features a sought-after first-floor master suite, perfect for convenience and privacy. Thoughtfully updated throughout, including a remodeled kitchen with solid surface counters, newer windows, furnace, and beautifully renovated bathrooms. Enjoy the perfect blend of classic character and modern comfort in a quiet, convenient neighborhood close to shopping, dining, and major roadways. A wonderful place to call home! 3D tour attached.
Unit Size
1,170 Ft²
Days on Market
65 days
Land Size
0.20 acres
Price per sqft
$222
Property Type
House
Property Taxes
$461
HOA Dues
-
Year Built
1950

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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: 2 years ago (Global MLS #202519788)

Price History

Date / Event Date Event Price
Aug 22, 2025 Sold
Premium
Sold
Jun 30, 2025 In contract -
In contract
Jun 18, 2025 Listed by Clancy Real Estate $259,900
Listed by Clancy Real Estate
Aug 11, 2020 Sold
Premium
Sold
Feb 10, 2020 Listed by Clancy Real Estate $177,000
Listed by Clancy Real Estate
Show More

Property Highlights

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: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,170
  • Building Area: 1,170
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,170
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COLD BROOK SUBDIVISION #8
  • Land Acres: 0000000200
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: R,SP COLD BROOK - 591 5.-381-24

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 59.10-12-9
  • Block: 12
  • Lot: 9.000
  • Municipality: ROTTERDAM
  • Latitude: 42.7789
  • Longitude: -73.9439

    Address

  • Full Address: 1148 Outer Dr
  • Address - House Number: 1148
  • Address - Street Name: Outer
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C029
  • 4-Digit Zip Code: 3603
  • Zip Code: 12303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $615,182
  • Tax Rate Code Area: 422803

    Appraisal Valuation

  • Standard Deviation: 0.2409
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 238,846
  • High Value: 296,398
  • Low Value: 181,293

    Market Valuation

  • Market Total Value: $218,800
  • Market Land Value: $11,841
  • Market Improvement Value: $206,959

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $166,300
  • Assessed Land Value: $9,000
  • Assessed Improvements Value: $157,300

    Sales

  • Current Sale Contract Date: Aug 06, 2020
  • Current Sale Recording Date: Aug 11, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 202023427
  • Previous Sale Recording Date: Nov 08, 2017
  • Previous Sale Contract Date: Oct 20, 2017
  • Previous Sale Amount: $168,000
  • 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

$198

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1654 ft²

Average Home Age

75 years

Currently For Sale

44 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 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
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: Kevin Clancy
Clancy Real Estate
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202519788
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 1148 Outer Drive built and last sold?
The property at 1148 Outer Drive was built in 1950 and last sold on Aug 6, 2020 for $177,500.
How much is this home worth?
The estimated value of the home located at 1148 Outer Drive is $0.
What are some comparable homes to 1148 Outer Drive?
There are currently no comparable homes to 1148 Outer Drive.
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