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Schenectady 12308 Vale & Eastern Ave
12 MORRIS Avenue
$81,000
● House - Off Market

12 MORRIS Avenue

Schenectady, NY 12308
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$316,397
RealtyHop Estimate
253.52%
Since Mar 1, 1998
National-US
Primary Model

About This Property

ORIGINAL OAK PANELLING IN DINING ROOM W/COFFERED CEILING LARGE BUTLERS PANTRY, BREAKFAST ROOM OFF KITCHEN, VESTIBULE WITH LEADED GLASS SIDE LIGHTS AND STAINED GLASS DOOR. Excellent Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$367
HOA Dues
-
Year Built
1912

Payment Calculator

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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 #9635950)

Price History

Date / Event Date Event Price
Aug 12, 2022 Sold
Premium
Sold
Jun 24, 2022 Listed by Veronica W. Lynch, Inc. $195,000
Listed by Veronica W. Lynch, Inc.
Jul 26, 2016 Sold
Premium
Sold
May 26, 2016 Sold
Premium
Sold
May 11, 2016 Listed by Veronica W. Lynch, Inc. $79,900
Listed by Veronica W. Lynch, Inc.
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • Total Rooms: 9
  • Bedroom Count: 6
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 12
  • 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: 500
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,360
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,015
  • Building Area: 2,015
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 2,015
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000123
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: PART OF 2 STUCCO AND GARAGE

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 020800

Zoning

  • Zoning: 03 - MULTI

Geography

  • District: 421500
  • Section: 39.83
  • Parcel: 421500 39.83-2-20
  • Block: 2
  • Lot: 20.000
  • Municipality: SCHENECTADY
  • Latitude: 42.8107
  • Longitude: -73.9241

    Address

  • Full Address: 12 Morris Ave
  • Address - House Number: 12
  • Address - Street Name: Morris
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C014
  • 4-Digit Zip Code: 3302
  • Zip Code: 12308

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $639,128
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.2589
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 242,219
  • High Value: 304,946
  • Low Value: 179,492

    Market Valuation

  • Market Total Value: $183,291
  • Market Land Value: $27,468
  • Market Improvement Value: $155,823

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,800
  • Assessed Land Value: $21,700
  • Assessed Improvements Value: $123,100

    Sales

  • Current Sale Contract Date: Aug 04, 2022
  • Current Sale Recording Date: Aug 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 42847
  • Previous Sale Recording Date: Jul 26, 2016
  • Previous Sale Contract Date: Jun 07, 2016
  • Previous Sale Amount: $82,000
  • 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 Vale & Eastern Ave

Stats & Trends

Median Asking:

$279,900

Sale Price/ft²

$125

Below Asking

0.03%

Average Days on Market

90

Average Home Size

3429 ft²

Average Home Age

113.7 years

Currently For Sale

14 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: Patricia Yager
Veronica W. Lynch, Inc.
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 9635950
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 12 Morris Avenue built and last sold?
The property at 12 Morris Avenue was built in 1912 and last sold on Aug 4, 2022 for $50,000.
How much is this home worth?
The estimated value of the home located at 12 Morris Avenue is $0.
What are some comparable homes to 12 Morris Avenue?
There are currently no comparable homes to 12 Morris Avenue.
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