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Schenectady 12308
1287 Regal Avenue
$229,900
● House - Off Market

1287 Regal Avenue

Schenectady, NY 12308
bedrooms
3 Beds
bathrooms
2 Baths
$242,614
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

1st Floor Living at it's finest. Situated in one of the city's most sought after neighborhoods. Truly turn key and nothing to do here except move in. Recent upgrades include all new kitchen w stainless steel appliances, new flooring, freshly painted and fully rehabbed bathrooms featuring ceramic tile floors and showers. Large backyard with inground pool that is great for entertaining.
Unit Size
-
Days on Market
-
Land Size
0.18 acres
Price per sqft
-
Property Type
House
Property Taxes
$376
HOA Dues
-
Year Built
1955

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #202227039)

Price History

Date / Event Date Event Price
Nov 30, 2022 Sold
Premium
Sold
Sep 21, 2022 Listed by RE/MAX Platinum $229,900
Listed by RE/MAX Platinum
Feb 1, 2022 Sold
Premium
Sold
Oct 9, 2021 Listed by RE/MAX Platinum $125,000
Listed by RE/MAX Platinum

Property Highlights

Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,920
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,588
  • Building Area: 1,588
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,588
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ESTATE OF JOHN MADER
  • Land Acres: 0000000181
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: AND PT OF 66 1 BRICK & WOOD

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 020101

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 421500
  • Section: 40.45
  • Parcel: 421500 40.45-1-17
  • Block: 1
  • Lot: 17.000
  • Municipality: SCHENECTADY
  • Latitude: 42.8229
  • Longitude: -73.9123

    Address

  • Full Address: 1287 Regal Ave
  • Address - House Number: 1287
  • Address - Street Name: Regal
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C019
  • 4-Digit Zip Code: 1707
  • Zip Code: 12308

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $651,354
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.2501
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 64
  • Final Value: 240,909
  • High Value: 301,175
  • Low Value: 180,644

    Market Valuation

  • Market Total Value: $170,506
  • Market Land Value: $25,570
  • Market Improvement Value: $144,936

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $134,700
  • Assessed Land Value: $20,200
  • Assessed Improvements Value: $114,500

    Sales

  • Current Sale Contract Date: Nov 04, 2022
  • Current Sale Recording Date: Nov 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 62636
  • Previous Sale Recording Date: Feb 01, 2022
  • Previous Sale Contract Date: Jan 20, 2022
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 153 Barrett Street, Schenectady, NY, 12305

$2,295 /mo

  • 1 Bed
  • 1 Bath
  • 1,323 ft²
153 Barrett Street, Schenectady, NY, 12305 Listing by Anthony Durante

Rentals Near You

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

Listed by: Jonathan Lanahan
RE/MAX Platinum
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202227039
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 1287 Regal Avenue built and last sold?
The property at 1287 Regal Avenue was built in 1955 and last sold on Nov 4, 2022 for $230,000.
How much is this home worth?
The estimated value of the home located at 1287 Regal Avenue is $232,199.
What are some comparable homes to 1287 Regal Avenue?
There are currently no comparable homes to 1287 Regal Avenue.
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