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Schenectady 12309
1151 Sumner Avenue
$199,900
● House - Off Market

1151 Sumner Avenue

Schenectady, NY 12309
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,008 Ft²
$1,657
Est. Monthly
12.46%
Cap Rate

About This Property

Opportunity awaits as this charming Schenectady 3-4 bedroom 2 bath traditional home in a good location hits the market! This home features a cozy living room with fireplace and built in shelving units, formal dining room with chair rail, large bonus room or 1st floor bedroom, foyer, large eat in kitchen, huge bedrooms( some with walk in closets), hardwood floors, hotwater gas heat, cozy front covered porch, garage and cute back yard! This is an absolute must see!
Unit Size
2,008 Ft²
Days on Market
76 days
Land Size
0.13 acres
Price per sqft
$100
Property Type
House
Property Taxes
$675
HOA Dues
-
Year Built
1938

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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 #202328407)

Price History

Date / Event Date Event Price
Apr 2, 2024 Sold
Premium
Sold
Mar 1, 2024 Sold
Premium
Sold
Jan 4, 2024 In contract -
In contract
Dec 16, 2023 Relisted $199,900
Relisted
Nov 27, 2023 In contract -
In contract
Show More

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • 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: 396
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,680
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,008
  • Building Area: 2,008
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,008
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 1X WOOD 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: 40.78
  • Parcel: 421500 40.78-1-34
  • Block: 1
  • Lot: 34.000
  • Municipality: SCHENECTADY
  • Latitude: 42.8099
  • Longitude: -73.9096

    Address

  • Full Address: 1151 Sumner Ave
  • Address - House Number: 1151
  • Address - Street Name: Sumner
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C007
  • 4-Digit Zip Code: 5600
  • Zip Code: 12309

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $825,903
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.1009
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 90
  • Final Value: 208,115
  • High Value: 229,122
  • Low Value: 187,108

    Market Valuation

  • Market Total Value: $224,304
  • Market Land Value: $33,671
  • Market Improvement Value: $190,633

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,200
  • Assessed Land Value: $26,600
  • Assessed Improvements Value: $150,600

    Sales

  • Current Sale Contract Date: Mar 01, 2024
  • Current Sale Recording Date: Apr 02, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 19197
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:

$253,000

Sale Price/ft²

$153

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1993 ft²

Average Home Age

93.5 years

Currently For Sale

221 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: Wayne A Newcomb, Jr.
Newcomb Realty Group LLC
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202328407
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 1151 Sumner Avenue built and last sold?
The property at 1151 Sumner Avenue was built in 1938 and last sold on Mar 1, 2024 for $199,900.
How much is this home worth?
The estimated value of the home located at 1151 Sumner Avenue is $0.
What are some comparable homes to 1151 Sumner Avenue?
There are currently no comparable homes to 1151 Sumner Avenue.
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