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Rotterdam 12303
1177 Outer Drive
$180,000
● House - Off Market

1177 Outer Drive

Rotterdam, NY 12303
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,269 Ft²
$1,540
Est. Monthly
8.70%
Cap Rate

About This Property

Perfect Cape Cod home for buyers looking for complete first floor living and have two extra bedrooms for guests on the second floor.  First floor laundry and full bath.  Laminate flooring in the kitchen and bathroom.  New natural gas furnace with radiant heat, newer windows, new electric service, public water and 1000-gallon septic system which was just checked and pumped out.   Large fenced-in back yard, 1 car detached garage, vinyl siding and asphalt/shingle roof which is approximately 16 years old.   Mohonasen School District and close to all amenities and major highways.
Unit Size
1,269 Ft²
Days on Market
62 days
Land Size
0.19 acres
Price per sqft
$189
Property Type
House
Property Taxes
$362
HOA Dues
-
Year Built
1955

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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 #202419481)

Price History

Date / Event Date Event Price
Aug 16, 2024 Sold
Premium
Sold
Jul 15, 2024 In contract -
In contract
Jun 14, 2024 Listed by Berkshire Hathaway Home Services Blake $239,900
Listed by Berkshire Hathaway Home Services Blake
Sep 18, 2019 Sold
Premium
Sold
Jul 11, 2019 Listed by Berkshire Hathaway Home Services Blake $139,900
Listed by Berkshire Hathaway Home Services Blake
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 4
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,269
  • Building Area: 1,269
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,269
  • Heating Fuel Type: 6

    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,DNT COLDBROOK - 579 5.-381-12

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 59.10-11-22
  • Block: 11
  • Lot: 22.000
  • Municipality: ROTTERDAM
  • Latitude: 42.7803
  • Longitude: -73.9449

    Address

  • Full Address: 1177 Outer Dr
  • Address - House Number: 1177
  • 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: $481,660
  • Tax Rate Code Area: 422803

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 216,482
  • High Value: 267,298
  • Low Value: 165,666

    Market Valuation

  • Market Total Value: $172,400
  • Market Land Value: $11,318
  • Market Improvement Value: $161,082

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $131,000
  • Assessed Land Value: $8,600
  • Assessed Improvements Value: $122,400

    Sales

  • Current Sale Contract Date: Sep 09, 2019
  • Current Sale Recording Date: Sep 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 201941800
  • Previous Sale Recording Date: Sep 13, 2000
  • Previous Sale Contract Date: Sep 08, 2000
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: 27
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

1650 ft²

Average Home Age

76.4 years

Currently For Sale

50 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: Josephine Bruno
Berkshire Hathaway Home Services Blake
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202419481
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 1177 Outer Drive built and last sold?
The property at 1177 Outer Drive was built in 1955 and last sold on Sep 9, 2019 for $136,990.
How much is this home worth?
The estimated value of the home located at 1177 Outer Drive is $0.
What are some comparable homes to 1177 Outer Drive?
There are currently no comparable homes to 1177 Outer Drive.
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