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Schenectady 12309
2131 River Road
Photo of 2131 River Road
Sold on May 1, 2023

1

Map

$238,500
● House - Off Market

2131 River Road

Niskayuna, NY 12309
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,262 Ft²
$231,783
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Three bedroom Ranch style home located in Niskayuna!  Use your imagination and update to make it your own! Spacious living room. Hardwood floors. Large unfinished basement. Two car garage. whole home backup generator, .62 acre lot. Close to schools, shopping, parks, bike path and GE Global Research.
Unit Size
1,262 Ft²
Days on Market
117 days
Land Size
0.62 acres
Price per sqft
$182
Property Type
House
Property Taxes
$304
HOA Dues
-
Year Built
1945

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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: 6 days ago (Global MLS #202310120)

Price History

Date / Event Date Event Price
May 12, 2023 Sold
Premium
Sold
Jan 4, 2023 Listed by Coldwell Banker Prime Properties $230,000
Listed by Coldwell Banker Prime Properties

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1970
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,007
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,262
  • Building Area: 1,262
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,262
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000620
  • 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: 032101

Zoning

  • Zoning: RP

Geography

  • District: 422400
  • Section: 40.00
  • Parcel: 422400 40.-1-49
  • Block: 1
  • Lot: 49.000
  • Municipality: NISKAYUNA
  • Latitude: 42.8283
  • Longitude: -73.8878

    Address

  • Full Address: 2131 River Rd
  • Address - House Number: 2131
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C021
  • 4-Digit Zip Code: 1135
  • Zip Code: 12309

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $654,794
  • Tax Rate Code Area: 422401

    Appraisal Valuation

  • Standard Deviation: 0.2292
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 68
  • Final Value: 272,869
  • High Value: 335,427
  • Low Value: 210,311

    Market Valuation

  • Market Total Value: $225,300
  • Market Land Value: $54,553
  • Market Improvement Value: $170,747

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $178,000
  • Assessed Land Value: $43,100
  • Assessed Improvements Value: $134,900

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: May 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 27391
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: Bonnie L Sindel
Coldwell Banker Prime Properties
Last Updated: 6 days ago
Data Source: Global MLS , MLS# 202310120
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 2131 River Road built and last sold?
The property at 2131 River Road was built in 1945 and last sold on Apr 28, 2023 for $241,500.
How much is this home worth?
The estimated value of the home located at 2131 River Road is $232,300.
What are some comparable homes to 2131 River Road?
There are currently no comparable homes to 2131 River Road.
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