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Schenectady 12306
2189 Hoffman Lane
Photo of 2189 Hoffman Lane
Sold on Jul 13, 2023

1

Map

$499,900
● House - Off Market

2189 Hoffman Lane

Rotterdam, NY 12306
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,032 Ft²
$498,536
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Looking for country living with modern amenities? Look no further! Situated on just under 30 acres, sits this sprawling Colonial home with massive, two story, detached garage/shop! Inside the home, the first floor features a large kitchen, formal dining room, family room, living room, half bath and office as well as an oversized two car garage. The custom hard wood floors are freshly resurfaced and gleaming! Tons of natural light throughout. Heading upstairs you will stunned by the size of the primary bedroom & massive bathroom. In addition there are 3 bedrooms & full bathroom. Head in the back yard and enjoy the large rear deck, above ground pool & large fenced in area backing up to a peaceful creek. Explore you the land with multiple trails! New drilled well. Can be easily subdivided.
Unit Size
3,032 Ft²
Days on Market
83 days
Land Size
29.30 acres
Price per sqft
$165
Property Type
House
Property Taxes
$811
HOA Dues
-
Year Built
1972

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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: 9 days ago (Global MLS #202231505)

Price History

Date / Event Date Event Price
Aug 21, 2023 Sold
Premium
Sold
Jul 13, 2023 Sold
Premium
Sold
Dec 21, 2022 Listed by KW Platform $499,900
Listed by KW Platform
Jan 25, 2002 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1979
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 5
  • 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: 10
  • Garage Square Area: 2,072
  • Parking Space Count: 8
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,276,308
  • Total Building Area: 3,032
  • Building Area: 3,032
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,032
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000029300
  • Standard Land Use Code: 1008
  • County Land Use Code: 240

Neighborhood

  • School District Name: Schalmont Central School District
  • School Tax School District: SCHALMONT
  • Census Tract: 032602

Zoning

  • Zoning: A-1

Geography

  • District: 422800
  • Section: 37.00
  • Parcel: 422800 37.-3-10.1
  • Block: 3
  • Lot: 10.001
  • Municipality: ROTTERDAM
  • Latitude: 42.8144
  • Longitude: -74.0253

    Address

  • Full Address: 2189 Hoffman Ln
  • Address - House Number: 2189
  • Address - Street Name: Hoffman
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Schenectady
  • Carrier Code: R003
  • 4-Digit Zip Code: 7017
  • Zip Code: 12306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,138,190
  • Tax Rate Code Area: 422801

    Appraisal Valuation

  • Standard Deviation: 0.2235
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 451,084
  • High Value: 551,929
  • Low Value: 350,239

    Market Valuation

  • Market Total Value: $419,200
  • Market Land Value: $77,498
  • Market Improvement Value: $341,702

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $318,600
  • Assessed Land Value: $58,900
  • Assessed Improvements Value: $259,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 13, 2023
  • Current Sale Recording Date: Aug 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 47406
  • Previous Sale Recording Date: Jan 25, 2002
  • Previous Sale Contract Date: Jan 14, 2002
  • Previous Sale Amount: $140,000
  • 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:

$299,800

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1949 ft²

Average Home Age

82.1 years

Currently For Sale

338 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

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

Listed by: David T Schwartz
KW Platform
Last Updated: 9 days ago
Data Source: Global MLS , MLS# 202231505
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 2189 Hoffman Lane built and last sold?
The property at 2189 Hoffman Lane was built in 1972 and last sold on Jul 13, 2023 for $500,000.
How much is this home worth?
The estimated value of the home located at 2189 Hoffman Lane is $0.
What are some comparable homes to 2189 Hoffman Lane?
There are currently no comparable homes to 2189 Hoffman Lane.
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