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Schenectady 12302
16 Mayfair Drive
$215,000
● House - Off Market

16 Mayfair Drive

Glenville, NY 12302
bedrooms
2 Beds
bathrooms
2 Baths
$203,383
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

**Multiple Offers BEST and FINAL DUE Monday 2/20 @ 12 PM**Completely remodeled beauty in the town of Glenville.  Granite counter tops, stainless steel appliances, wood burning fire place, brand new furnace, gleaming hardwood floors, highlight this brick ranch .  The neighborhood is one way in and one way out.  Quiet but centrally located.  Finished basement with full bathroom to expand on the floor plan.  Big spacious backyard.  Bathrooms have been updated very tastefully.
Unit Size
-
Days on Market
-
Land Size
0.35 acres
Price per sqft
-
Property Type
House
Property Taxes
$405
HOA Dues
-
Year Built
1953

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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 #202311983)

Price History

Date / Event Date Event Price
Apr 20, 2023 Sold
Premium
Sold
Feb 15, 2023 Listed by The Falvey Real Estate Group $199,900
Listed by The Falvey Real Estate Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,630
  • Lot Size Depth Feet: 1,421
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 960
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000358
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: CHADWICK WELLS SEC 2 L1A HLG

Neighborhood

  • School District Name: Scotia-Glenville Central School District
  • School Tax School District: SCOTIA-GLENVILL
  • Census Tract: 032404

Zoning

  • Zoning: RES

Geography

  • Account Number: B03112
  • District: 422289
  • Section: 22.11
  • Parcel: 422289 22.11-1-21
  • Block: 1
  • Lot: 21.000
  • Municipality: GLENVILLE (TOV)
  • Latitude: 42.8673
  • Longitude: -73.9376

    Address

  • Full Address: 16 Mayfair Dr
  • Address - House Number: 16
  • Address - Street Name: Mayfair
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C016
  • 4-Digit Zip Code: 4425
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $480,903
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 422202

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 333,035
  • High Value: 411,210
  • Low Value: 254,860

    Market Valuation

  • Market Total Value: $190,441
  • Market Land Value: $40,000
  • Market Improvement Value: $150,441

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $129,500
  • Assessed Land Value: $27,200
  • Assessed Improvements Value: $102,300
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:

$299,800

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1950 ft²

Average Home Age

82.2 years

Currently For Sale

346 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: James W Rosenberger
The Falvey Real Estate Group
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202311983
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 Mayfair Drive built and last sold?
The property at 16 Mayfair Drive was built in 1953 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 16 Mayfair Drive is $201,899.
What are some comparable homes to 16 Mayfair Drive?
There are currently no comparable homes to 16 Mayfair Drive.
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