$290,000
●
House -
Off Market
14 Wallace Street
Scotia, NY 12302
3 Beds
2 Baths,
1
Half Bath
$1,886
Est. Monthly
6.85%
Cap Rate
About This Property
**MULTIPLE OFFER DEADLINE- 01/20 12PM!**
14 Wallace St is a 3-bedroom, 1.5-bath Traditional Colonial located in a quiet neighborhood in the village of Scotia. The home features a bright eat-in kitchen with a center island and a view of the large backyard. Hardwood floors enhance the formal dining room's coffered ceiling, and the spacious living room includes built-in bookcases. The main floor has a half bath. Upstairs, you'll find three bedrooms, including the primary bedroom with a walk-in closet, as well as a washer and dryer and a full bathroom. Recent updates include a new roof and new upstairs carpeting. The home also has central air and vinyl windows. The oversized garage has workbenches, and the double lot includes a fenced yard. Close to shops, parks, and other local amenities.
14 Wallace St is a 3-bedroom, 1.5-bath Traditional Colonial located in a quiet neighborhood in the village of Scotia. The home features a bright eat-in kitchen with a center island and a view of the large backyard. Hardwood floors enhance the formal dining room's coffered ceiling, and the spacious living room includes built-in bookcases. The main floor has a half bath. Upstairs, you'll find three bedrooms, including the primary bedroom with a walk-in closet, as well as a washer and dryer and a full bathroom. Recent updates include a new roof and new upstairs carpeting. The home also has central air and vinyl windows. The oversized garage has workbenches, and the double lot includes a fenced yard. Close to shops, parks, and other local amenities.
Unit Size
-
Days on Market
-
Land Size
0.22 acres
Price per sqft
-
Property Type
House
Property Taxes
$560
HOA Dues
-
Year Built
1900
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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 #202510692)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 26, 2025 | Sold | ||
| Sold | |||
| Jan 23, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Listed by KW Platform | $270,000 | |
| Listed by KW Platform | |||
| Aug 11, 2021 | Sold | ||
| Sold | |||
| Jun 10, 2021 | Listed by CM Fox, LLC | $190,000 | |
| Listed by CM Fox, LLC | |||
| | |||
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Welcome home to this charming 3 bedroom, 1.5 bath, Traditional Colonial located in a quiet, family oriented neighborhood in the village of Scotia. Features include a bright and spacious eat in kitchen with island, Hardwood floors, formal dining room with coffer ceiling, central air, freshly painted, newer windows, plus a spacious garage with work benches. Large walk-up attic with endless possibilities, front porch, and the home sits on a nice double lot with a fenced dog run, playground, and garden. This home is close to everything and is a must see! A virtual tour is available, so please take a look... Excellent Condition
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Property Highlights
Parking Available
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Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Scotia
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Listed by: Melissa Mitchell
KW Platform
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202510692
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.
KW Platform
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202510692
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