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Schenectady 12308
1676 Avenue B
$205,000
● House - Off Market

1676 Avenue B

Schenectady, NY 12308
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,649 Ft²
$1,169
Est. Monthly
13.11%
Cap Rate

About This Property

WELCOME TO YOUR OASIS IN THE MIDDLE OF TOWN. THIS HOME BOAST A HUGE FIRST FLOORLIVING ROOM WITH TWO MOE BEDROOMS UPSTAIRS. TWO FULL BATHROOMS ONE O EACH FLOORS. THE BASEMENT IS READY FOR ENTERTAINMENT WITH A POOL TABLE AND HACKY TABLE THAT ARE STAYING. ENJOY YOUR DAYS ON THE REAR PATIO AND HUGE SIDE YARD. ABOUT A 1 MILE TO UNION COLLEGE, CASINO, RIVERFRONT AND TWO MILES TO DOWNTOWN. STOP IN TODAY AND ENJOY TOMORROW. ENOUGH OFF STREET PARKING FOR 4 CARS. **** Highest and best due on 3/4/2024 2:00pm****
Unit Size
1,649 Ft²
Days on Market
88 days
Land Size
0.26 acres
Price per sqft
$109
Property Type
House
Property Taxes
$284
HOA Dues
-
Year Built
1949

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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: 2 years ago (Global MLS #202316356)

Price History

Date / Event Date Event Price
May 29, 2024 Sold
Premium
Sold
Mar 8, 2024 In contract -
In contract
Feb 28, 2024 Relisted $180,000
Relisted
Jan 31, 2024 In contract -
In contract
Jan 24, 2024 Relisted $180,000
Relisted
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 3
  • 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: 546
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,200
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,649
  • Building Area: 1,649
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,649
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000257
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: PT OF 13O 1 WOOD

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 033400

Zoning

  • Zoning: 03 - MULTI

Geography

  • District: 421500
  • Section: 39.51
  • Parcel: 421500 39.51-3-5
  • Block: 3
  • Lot: 5.000
  • Municipality: SCHENECTADY
  • Latitude: 42.8227
  • Longitude: -73.9217

    Address

  • Full Address: 1676 Avenue B
  • Address - House Number: 1676
  • Address - Street Name: Avenue B
  • State: NY
  • City Name: Schenectady
  • Zip Code: 12308

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $602,236
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.2589
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 63
  • Final Value: 195,481
  • High Value: 246,137
  • Low Value: 144,825

    Market Valuation

  • Market Total Value: $160,380
  • Market Land Value: $24,051
  • Market Improvement Value: $136,329

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,700
  • Assessed Land Value: $19,000
  • Assessed Improvements Value: $107,700

    Sales

  • Current Sale Contract Date: May 13, 2022
  • Current Sale Recording Date: Dec 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 59
  • Current Sale Input Document Number: 64579
  • Previous Sale Recording Date: Oct 12, 2000
  • Previous Sale Contract Date: Sep 08, 2000
  • Previous Sale Amount: $55,500
  • 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

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
Unit for rent at 122 N Ferry Street, Schenectady, NY, 12305

$2,150 /mo

  • 3 Beds
  • 1 Bath
122 N Ferry Street #1, Schenectady, NY, 12305 Listing by Renee Farley

Rentals Near You

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

Listed by: Jerome P Newkirk
Revision Real Estate
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202316356
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 1676 Avenue B built and last sold?
The property at 1676 Avenue B was built in 1949 and last sold on May 13, 2022 for $100,000.
How much is this home worth?
The estimated value of the home located at 1676 Avenue B is $184,517.
What are some comparable homes to 1676 Avenue B?
There are currently no comparable homes to 1676 Avenue B.
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