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Schenectady 12304
16 Corlaer Avenue
$240,000
● House - Off Market

16 Corlaer Avenue

Schenectady, NY 12304
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,748 Ft²
$227,357
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Welcome to this well maintained expanded Cape which features, 4 Large bedrooms, 2 full baths beautiful Hardwood floors, stone fireplace, living room, new kitchen. Huge fenced backyard. Truly a MUST SEE!
Unit Size
1,748 Ft²
Days on Market
83 days
Land Size
0.27 acres
Price per sqft
$126
Property Type
House
Property Taxes
$578
HOA Dues
-
Year Built
1952

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Cap Rate Calculator

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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: 2 years ago (Global MLS #202219637)

Price History

Date / Event Date Event Price
Sep 1, 2022 Sold
Premium
Sold
Jun 8, 2022 Listed by Coldwell Banker Prime Properties $219,900
Listed by Coldwell Banker Prime Properties
Jun 6, 2014 Sold
Premium
Sold
Apr 1, 2014 Listed by Coldwell Banker Prime Properties $129,900
Listed by Coldwell Banker Prime Properties

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1952
  • Effective Year Built: 1952
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,680
  • Lot Size Depth Feet: 1,460
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,748
  • Building Area: 1,748
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,748
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REVISED MAP NO 2 EASTHOLM
  • Land Acres: 0000000268
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: AND 3O3 1 WOOD

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 021801

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 421500
  • Section: 60.39
  • Parcel: 421500 60.39-1-24
  • Block: 1
  • Lot: 24.000
  • Municipality: SCHENECTADY
  • Latitude: 42.7816
  • Longitude: -73.903

    Address

  • Full Address: 16 Corlaer Ave
  • Address - House Number: 16
  • Address - Street Name: Corlaer
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C008
  • 4-Digit Zip Code: 1920
  • Zip Code: 12304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $723,191
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.2281
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 261,488
  • High Value: 321,144
  • Low Value: 201,833

    Market Valuation

  • Market Total Value: $191,392
  • Market Land Value: $28,734
  • Market Improvement Value: $162,658

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $151,200
  • Assessed Land Value: $22,700
  • Assessed Improvements Value: $128,500

    Sales

  • Current Sale Contract Date: Aug 29, 2022
  • Current Sale Recording Date: Sep 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 202246749
  • Previous Sale Recording Date: Jun 06, 2014
  • Previous Sale Contract Date: May 29, 2014
  • Previous Sale Amount: $132,000
  • 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

Rentals Near You

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

Listed by: Thomas Marks
Coldwell Banker Prime Properties
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202219637
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 16 Corlaer Avenue built and last sold?
The property at 16 Corlaer Avenue was built in 1952 and last sold on Aug 29, 2022 for $240,000.
How much is this home worth?
The estimated value of the home located at 16 Corlaer Avenue is $225,581.
What are some comparable homes to 16 Corlaer Avenue?
There are currently no comparable homes to 16 Corlaer Avenue.
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