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Schenectady 12305
115 Union Street
$310,000
● House - Off Market

115 Union Street

Schenectady, NY 12305
bedrooms
4 Beds
bathrooms
2 Baths, 2 Half Baths
$323,908
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Elegant Historic Circa 1800 Goodrich House in the Stockade currently owned by First Presbyterian Church and being used for church offices. This original Victorian Home owned by many prominent people with a rich history, until it was bequeathed to First Pres. in May 1942. It's grand entrance offers a 16x27 ft. Parlor with original 12 ft. ceilings, custom moldings, gorgeous mirrors, and wood floors. There are 4 additional rooms on this floor.  There is an elaborate staircase that takes you to the second fl. which offers a sitting area and 5 additional rooms All fireplaces are non-working but remain in their original beauty.  Home listed well below city assessed value. Needs some renovation  but can remain in current status use or an elegant home. See Docs for added info. Zoned RH2 in docs.
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,333
HOA Dues
-
Year Built
1900

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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 #202212571)

Price History

Date / Event Date Event Price
Mar 3, 2023 Sold
Premium
Sold
Feb 24, 2022 Listed by Bird Realty $310,000
Listed by Bird Realty

Property Highlights

Air Conditioning
With View

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 2,304
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,550
  • Lot Size Depth Feet: 910
  • Lot Size Frontage Feet: 500
  • Total Building Area: 4,263
  • Gross Building Area: 4,263
  • Building Area: 4,263
  • Building Area Measurement: R

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 6,567
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: E
  • Land Acres: 0000000104
  • Standard Land Use Code: 9101
  • County Land Use Code: 620
  • Legal Description 1: 2 BRICK

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 033500

Zoning

  • Zoning: 03 - MULTI

Geography

  • District: 421500
  • Section: 39.63
  • Parcel: 421500 39.63-1-28
  • Block: 1
  • Lot: 28.000
  • Municipality: SCHENECTADY
  • Latitude: 42.8167
  • Longitude: -73.946

    Address

  • Full Address: 115 Union St
  • Address - House Number: 115
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C009
  • 4-Digit Zip Code: 1701
  • Zip Code: 12305

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $147,956
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 421500

    Market Valuation

  • Market Total Value: $462,025
  • Market Land Value: $17,848
  • Market Improvement Value: $444,177

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $365,000
  • Assessed Land Value: $14,100
  • Assessed Improvements Value: $350,900

    Sales

  • Current Sale Contract Date: Feb 17, 2023
  • Current Sale Recording Date: Mar 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12627
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

1954 ft²

Average Home Age

92.4 years

Currently For Sale

155 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 2301 Campbell Avenue, Schenectady, NY, 12306

$2,600 /mo

  • 4 Beds
  • 1 Bath
  • 1,839 ft²
2301 Campbell Avenue, Schenectady, NY, 12306 Listing by Kevin Clancy
Unit for rent at 397 Ballston Road, Glenville, NY, 12302

$2,995 /mo

  • 3 Beds
  • 2 Baths
  • 2,100 ft²
397 Ballston Road, Glenville, NY, 12302 Listing by Brock E Forkey

Rentals Near You

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

Listed by: Donna M Bird
Bird Realty
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202212571
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 115 Union Street built and last sold?
The property at 115 Union Street was built in 1900 and last sold on Feb 17, 2023 for $310,000.
How much is this home worth?
The estimated value of the home located at 115 Union Street is $0.
What are some comparable homes to 115 Union Street?
There are currently no comparable homes to 115 Union Street.
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