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Rotterdam 12303
2053 Chepstow Road
Photo of 2053 Chepstow Road
Sold on Sep 18, 2024

1

Map

$335,000
● House - Off Market

2053 Chepstow Road

Rotterdam, NY 12303
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,686 Ft²
$1,815
Est. Monthly
7.09%
Cap Rate

About This Property

SUN OPEN HOUSE CANCELLED! Welcome Home to this meticulously maintained 3 bed/2 bath Cape in Mohonasen Schools! This home features a sun-filled family room with abundant light, a cozy fireplace, and a modern HVAC mini split. The kitchen offers ample workspace, updated appliances (2019), and plenty of storage. Also, enjoy two bedrooms, a full bathroom, a formal dining room, and a living room on the main floor. Upstairs, find a beautiful primary suite with a walk-in closet and a spacious bathroom. Gleaming hardwood floors sprawl throughout! The partially finished basement provides additional living space. Updates include reinforced septic system, replacement windows with a transferable warranty, updated appliances (2019), a new roof (2016), and upgraded electrical. This is a MUST SEE ho
Unit Size
1,686 Ft²
Days on Market
70 days
Land Size
0.22 acres
Price per sqft
$169
Property Type
House
Property Taxes
$416
HOA Dues
-
Year Built
1942

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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: 4 days ago (Global MLS #202421141)

Price History

Date / Event Date Event Price
Sep 18, 2024 Sold
Premium
Sold
Jul 14, 2024 In contract -
In contract
Jul 10, 2024 Listed by Renovo Real Estate LLC $284,900
Listed by Renovo Real Estate LLC

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1942
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 220
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,476
  • Building Area: 1,476
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,476
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: R,G,TLSH,ADD STONEGATE MNR-47 5.-354-22

Neighborhood

  • School District Name: Rotterdam-Mohonasen Central School District
  • School Tax School District: MOHONASEN
  • Census Tract: 032902

Zoning

  • Zoning: R-1

Geography

  • District: 422800
  • Section: 59.07
  • Parcel: 422800 59.7-5-13
  • Block: 5
  • Lot: 13.000
  • Municipality: ROTTERDAM
  • Latitude: 42.7825
  • Longitude: -73.9357

    Address

  • Full Address: 2053 Chepstow Rd
  • Address - House Number: 2053
  • Address - Street Name: Chepstow
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C022
  • 4-Digit Zip Code: 2327
  • Zip Code: 12303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $613,331
  • Tax Rate Code Area: 422803

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 247,247
  • High Value: 305,284
  • Low Value: 189,209

    Market Valuation

  • Market Total Value: $217,100
  • Market Land Value: $13,026
  • Market Improvement Value: $204,074

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,000
  • Assessed Land Value: $9,900
  • Assessed Improvements Value: $155,100

    Exemptions

  • Homeowner Exemption: Yes
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 Rotterdam

Stats & Trends

Median Asking:

$279,900

Sale Price/ft²

$198

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1652 ft²

Average Home Age

76.3 years

Currently For Sale

47 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 534 Brandywine Avenue, Schenectady, NY, 12308

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,166 ft²
534 Brandywine Avenue #1STFLOOR, Schenectady, NY, 12308 Listing by Scott Frahm
Unit for rent at 418 3rd Street, Schenectady, NY, 12306

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
418 3rd Street #2FL, Schenectady, NY, 12306 Listing by Moonrani G Gumani

Rentals Near You

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

Listed by: Jennifer Mentiply
Renovo Real Estate LLC
Last Updated: 4 days ago
Data Source: Global MLS , MLS# 202421141
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 2053 Chepstow Road built and last sold?
The property at 2053 Chepstow Road was built in 1942 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2053 Chepstow Road is $290,823.
What are some comparable homes to 2053 Chepstow Road?
There are currently no comparable homes to 2053 Chepstow Road.
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