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Schenectady 12304
1587 Bradley Street
$265,000
● House - Off Market

1587 Bradley Street

Schenectady, NY 12304
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$1,698
Est. Monthly
10.88%
Cap Rate

About This Property

Welcome to this stunning 4-bedroom, 2.5-bath home offering 1,862 sq ft of elegant living space and just a short walk to Central Park. This beautifully maintained property features gleaming hardwood floors, freshly painted interiors, and newer replacement windows throughout. The highlight is a separate entrance third-floor suite complete with a bedroom, living area, kitchenette, and full bath, perfect for guests or extended family. Enjoy outdoor living on the charming front and rear porches. Additional amenities include an eat-in-kitchen, formal dining room, large front to back living room, spacious bedrooms, and a two-car garage and Currently tenant occupied and generating monthly income of $3,550 for the last several years.
Unit Size
-
Days on Market
-
Land Size
0.11 acres
Price per sqft
-
Property Type
House
Property Taxes
$397
HOA Dues
-
Year Built
1920

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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 #202420274)

Price History

Date / Event Date Event Price
Oct 17, 2024 Sold
Premium
Sold
Jul 23, 2024 In contract -
In contract
Jul 16, 2024 Relisted $265,000
Relisted
Jul 8, 2024 In contract -
In contract
Jun 27, 2024 Listed by Miranda Real Estate Group Inc $265,000
Listed by Miranda Real Estate Group Inc
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • 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: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 675
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,780
  • Lot Size Depth Feet: 1,195
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,862
  • Building Area: 1,862
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,862
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000109
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 2 WOOD AND GARAGE

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 020600

Zoning

  • Zoning: 03 - MULTI

Geography

  • District: 421500
  • Section: 49.44
  • Parcel: 421500 49.44-3-7
  • Block: 3
  • Lot: 7.000
  • Municipality: SCHENECTADY
  • Latitude: 42.8038
  • Longitude: -73.9175

    Address

  • Full Address: 1587 Bradley St
  • Address - House Number: 1587
  • Address - Street Name: Bradley
  • Address - Suffix Type: St
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C001
  • 4-Digit Zip Code: 1013
  • Zip Code: 12304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $468,279
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 197,872
  • High Value: 244,320
  • Low Value: 151,425

    Market Valuation

  • Market Total Value: $116,582
  • Market Land Value: $17,468
  • Market Improvement Value: $99,114

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,100
  • Assessed Land Value: $13,800
  • Assessed Improvements Value: $78,300

    Sales

  • Current Sale Contract Date: Apr 01, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 202115929
  • Previous Sale Recording Date: Nov 15, 2004
  • Previous Sale Contract Date: Nov 11, 2004
  • 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 Schenectady

Stats & Trends

Median Asking:

$259,900

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1940 ft²

Average Home Age

93.7 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 2213 Balltown Road, Niskayuna, NY, 12309

$2,895 /mo

  • 3 Beds
  • 1 Bath
  • 1,515 ft²
2213 Balltown Road, Niskayuna, NY, 12309 Listing by Sue A Giamartino

Rentals Near You

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

Listed by: Christine M Serafini
Miranda Real Estate Group Inc
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202420274
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 1587 Bradley Street built and last sold?
The property at 1587 Bradley Street was built in 1920 and last sold on Apr 1, 2021 for $125,000.
How much is this home worth?
The estimated value of the home located at 1587 Bradley Street is $0.
What are some comparable homes to 1587 Bradley Street?
There are currently no comparable homes to 1587 Bradley Street.
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