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Schenectady 12309
1238 Garner Avenue
$245,900
● House - Off Market

1238 Garner Avenue

Schenectady, NY 12309
bedrooms
4 Beds
bathrooms
1 Bath
$1,613
Est. Monthly
12.88%
Cap Rate

About This Property

Opportunity awaits as this beautiful 4 bedroom Schenectady home with a 2 car garage located in a fabulous location convenient to everything hits the market! This home features a large cozy living room with a built in window sitting area, formal dining room with French door, large eat in kitchen with breakfast nook and stainless steel appliances, covered front porch and enclosed back porch, 2 year old hot water boiler, remodeled bedroom, hardwood floors, 3 walk in closets, large primary bedroom, full basement, newer washer and dryer, fenced in back yard! This is an absolute must see at a great price!
Unit Size
-
Days on Market
-
Land Size
0.12 acres
Price per sqft
-
Property Type
House
Property Taxes
$483
HOA Dues
-
Year Built
1935

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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 #202428282)

Price History

Date / Event Date Event Price
Dec 20, 2024 Sold
Premium
Sold
Nov 8, 2024 In contract -
In contract
Oct 28, 2024 Listed by Newcomb Realty Group LLC $229,900
Listed by Newcomb Realty Group LLC
Nov 9, 2022 Sold
Premium
Sold
Jul 22, 2022 Listed by Newcomb Realty Group LLC $189,000
Listed by Newcomb Realty Group LLC
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,246
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 430
  • Total Building Area: 1,455
  • Building Area: 1,455
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,455
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000120
  • 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: 40.79
  • Parcel: 421500 40.79-1-11
  • Block: 1
  • Lot: 11.000
  • Municipality: SCHENECTADY
  • Latitude: 42.8112
  • Longitude: -73.9045

    Address

  • Full Address: 1238 Garner Ave
  • Address - House Number: 1238
  • Address - Street Name: Garner
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C006
  • 4-Digit Zip Code: 5716
  • Zip Code: 12309

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $585,435
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.2521
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 221,887
  • High Value: 277,838
  • Low Value: 165,936

    Market Valuation

  • Market Total Value: $156,456
  • Market Land Value: $23,418
  • Market Improvement Value: $133,038

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $123,600
  • Assessed Land Value: $18,500
  • Assessed Improvements Value: $105,100

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 19, 2022
  • Current Sale Recording Date: Nov 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 59097
  • Previous Sale Recording Date: Jul 24, 2017
  • Previous Sale Contract Date: Jul 20, 2017
  • Previous Sale Amount: $137,000
  • Previous Sale Document Type: 71
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 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 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# 202428282
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 1238 Garner Avenue built and last sold?
The property at 1238 Garner Avenue was built in 1935 and last sold on Oct 19, 2022 for $200,000.
How much is this home worth?
The estimated value of the home located at 1238 Garner Avenue is $232,199.
What are some comparable homes to 1238 Garner Avenue?
There are currently no comparable homes to 1238 Garner Avenue.
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