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Schenectady 12308
1262 LOWELL Road
$210,300
● House - Off Market

1262 LOWELL Road

Schenectady, NY 12308
bedrooms
6 Beds
bathrooms
4 Baths, 2 Half Baths
$386,780
RealtyHop Estimate
88.77%
Since Mar 1, 2005
National-US
Primary Model

About This Property

WONDERFUL, WONDERFUL COLONIAL - THREE STORIES OF LIVING SPACE. NEWER KITCHEN AND BRAND NEW ARCHITECTURAL ROOF WITH SNOW SLIDES. EVEN A NEW CEMENT WALK - WAY AROUND THE HOME. QUEEN ANNE, VICTORIAN, AND HISTORICAL! FRESHLY PAINTED THROUGH OUT - EVEN A MASTER BEDROOM WITH A SITTING ROOM. 3 CAR GARAGE. Excellent Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$815
HOA Dues
-
Year Built
1930

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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 #24118028)

Price History

Date / Event Date Event Price
Jul 22, 2021 Sold
Premium
Sold
May 3, 2021 Listed by Coldwell Banker Prime Properties $315,000
Listed by Coldwell Banker Prime Properties
Aug 11, 2017 Sold
Premium
Sold
Jun 23, 2017 Sold
Premium
Sold
Oct 31, 2016 Listed by Coldwell Banker Prime Properties $144,900
Listed by Coldwell Banker Prime Properties
Show More

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • 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: 609
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,235
  • Lot Size Depth Feet: 1,631
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,089
  • Building Area: 3,089
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 3,089
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 2 WOOD

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 033400

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 421500
  • Section: 39.68
  • Parcel: 421500 39.68-2-9
  • Block: 2
  • Lot: 9.000
  • Municipality: SCHENECTADY
  • Latitude: 42.8162
  • Longitude: -73.9167

    Address

  • Full Address: 1262 Lowell Rd
  • Address - House Number: 1262
  • Address - Street Name: Lowell
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C012
  • 4-Digit Zip Code: 2514
  • Zip Code: 12308

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,157,509
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 353,437
  • High Value: 436,401
  • Low Value: 270,473

    Market Valuation

  • Market Total Value: $318,987
  • Market Land Value: $51,899
  • Market Improvement Value: $267,088

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $252,000
  • Assessed Land Value: $41,000
  • Assessed Improvements Value: $211,000

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202134738
  • Previous Sale Recording Date: Aug 11, 2017
  • Previous Sale Contract Date: Mar 07, 2017
  • Previous Sale Amount: $137,000
  • Previous Sale Document Type: 12
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

$154

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1945 ft²

Average Home Age

93 years

Currently For Sale

170 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

Rentals Near You

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Global MLS

Listed by: Marilyn J Clement
Coldwell Banker Prime Properties
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 24118028
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 1262 Lowell Road built and last sold?
The property at 1262 Lowell Road was built in 1930 and last sold on Jul 13, 2021 for $338,000.
How much is this home worth?
The estimated value of the home located at 1262 Lowell Road is $0.
What are some comparable homes to 1262 Lowell Road?
There are currently no comparable homes to 1262 Lowell Road.
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