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Schenectady 12309
1918 HERITAGE Road
$404,000
● House - Off Market

1918 HERITAGE Road

Niskayuna, NY 12309
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
$407,521
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

***multiple offer situation - highest and best offers due by 11/6 at 7:00pm*** This leafy community boasts ample sized lots, walkable streets & often holds neighborhood events like a Halloween parade in October. The sellers of this gorgeous colonial have done all the heavy lifting so you can just move in and relax! Upgrades to this 5 bedroom, 2.5 bath home include; 1 year old roof, remodeled kitchen & full baths, first floor laundry, replaced windows, a whole house generator was installed and the roomy 2 car garage is all ready for your electric car! Driveway is not shared per deed and also steps away from the paths of the Reist bird sanctuary for you & your pets to enjoy. Hexam Gardens falls within the award winning Niskayuna school district! Superior Condition
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$650
HOA Dues
-
Year Built
1960

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (Global MLS #202131962)

Price History

Date / Event Date Event Price
Jan 7, 2022 Sold
Premium
Sold
Nov 4, 2021 Listed by Howard Hanna $369,900
Listed by Howard Hanna
Aug 7, 2012 Sold
Premium
Sold
Feb 16, 2012 Listed by Howard Hanna $239,000
Listed by Howard Hanna

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1990
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,068
  • Lot Size Depth Feet: 1,323
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,216
  • Building Area: 2,216
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,216
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HEXAM GARDENS
  • Land Acres: 0000000300
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Niskayuna Central School District
  • School Tax School District: NISKAYUNA
  • Census Tract: 031902

Zoning

  • Zoning: R1

Geography

  • District: 422400
  • Section: 50.19
  • Parcel: 422400 50.19-1-46
  • Block: 1
  • Lot: 46.000
  • Municipality: NISKAYUNA
  • Latitude: 42.7881
  • Longitude: -73.8906

    Address

  • Full Address: 1918 Heritage Rd
  • Address - House Number: 1918
  • Address - Street Name: Heritage
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C005
  • 4-Digit Zip Code: 5543
  • Zip Code: 12309

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,260,010
  • Tax Rate Code Area: 422401

    Appraisal Valuation

  • Standard Deviation: 0.2351
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 426,388
  • High Value: 526,653
  • Low Value: 326,122

    Market Valuation

  • Market Total Value: $373,400
  • Market Land Value: $50,631
  • Market Improvement Value: $322,769

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $295,000
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $255,000

    Sales

  • Current Sale Contract Date: Dec 29, 2021
  • Current Sale Recording Date: Jan 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1179
  • Previous Sale Recording Date: Aug 07, 2012
  • Previous Sale Contract Date: Aug 02, 2012
  • Previous Sale Amount: $242,500
  • Previous Sale Document Type: 71
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:

$299,000

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1977 ft²

Average Home Age

82.2 years

Currently For Sale

364 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: Emily K Modan
Howard Hanna
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202131962
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 1918 Heritage Road built and last sold?
The property at 1918 Heritage Road was built in 1960 and last sold on Dec 29, 2021 for $404,000.
How much is this home worth?
The estimated value of the home located at 1918 Heritage Road is $0.
What are some comparable homes to 1918 Heritage Road?
There are currently no comparable homes to 1918 Heritage Road.
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