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Schenectady 12308
1199 EASTERN Avenue
$160,000
● House - Off Market

1199 EASTERN Avenue

Schenectady, NY 12308
bedrooms
4 Beds
bathrooms
2 Baths
$182,937
RealtyHop Estimate
46.47%
Since Nov 1, 2019
National-US
Primary Model

About This Property

MULTIPLE OFFERS BEST AND FINAL MONDAY 7/15/19 @ 12P  3 Bedrooms 2 Bath, Close to everything in the Capital Region has to offer. Jobs, shopping, restaurants, and entertainment. First floor laundry, cherry oak soft close kitchen cabinets, granite counter tops, stainless steel appliances, recessed lighting, ceramic tile, hardwood floors, solid wood doors through out, new windows throughout, skylights, central air and generator, rear deck, off street parking, finished attic, finished front porch with electricity.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$359
HOA Dues
-
Year Built
1896

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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 #201924925)

Price History

Date / Event Date Event Price
Oct 3, 2019 Sold
Premium
Sold
Jul 12, 2019 Listed by Expert Realty Advisors, LLC $124,900
Listed by Expert Realty Advisors, LLC

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1896
  • Effective Year Built: 1896
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,550
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,624
  • Building Area: 1,624
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,624
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000104
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 2 WOOD AND GARAGE

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 020600

Zoning

  • Zoning: 03 - MULTI

Geography

  • District: 421500
  • Section: 49.28
  • Parcel: 421500 49.28-1-24
  • Block: 1
  • Lot: 24.000
  • Municipality: SCHENECTADY
  • Latitude: 42.8081
  • Longitude: -73.9157

    Address

  • Full Address: 1199 Eastern Ave
  • Address - House Number: 1199
  • Address - Street Name: Eastern
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C011
  • 4-Digit Zip Code: 3419
  • Zip Code: 12308

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $609,704
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 599,663
  • High Value: 874,409
  • Low Value: 324,916

    Market Valuation

  • Market Total Value: $151,392
  • Market Land Value: $22,658
  • Market Improvement Value: $128,734

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $119,600
  • Assessed Land Value: $17,900
  • Assessed Improvements Value: $101,700
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

$156

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1957 ft²

Average Home Age

94 years

Currently For Sale

154 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 1347 Union Street, Schenectady, NY, 12308

$2,950 /mo

  • 4 Beds
  • 1 Bath
  • 2,188 ft²
1347 Union Street, Schenectady, NY, 12308 Listing by Anthony Durante
Unit for rent at 2213 Balltown Road, Niskayuna, NY, 12309

$2,895 /mo

  • 3 Beds
  • 1 Bath
  • 1,515 ft²
2213 Balltown Road, Niskayuna, NY, 12309 Listing by Sue A Giamartino

Rentals Near You

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

Listed by: Brock Forkey
Expert Realty Advisors, LLC
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201924925
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 1199 Eastern Avenue built and last sold?
The property at 1199 Eastern Avenue was built in 1896 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1199 Eastern Avenue is $0.
What are some comparable homes to 1199 Eastern Avenue?
There are currently no comparable homes to 1199 Eastern Avenue.
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