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Rotterdam 12306
24 MERRITT Drive
$140,000
● House - Off Market

24 MERRITT Drive

Rotterdam, NY 12306
bedrooms
2 Beds
bathrooms
1 Bath
$257,001
RealtyHop Estimate
77.24%
Since Feb 1, 2016
National-US
Primary Model

About This Property

WHAT A GREAT HOME & GREAT LOCATION this 2 BDRM (downstairs), with potential to add 2 more BDRMS (500 + more sq. ft) upstairs is! A LARGE & BEAUTIFUL YARD, ROOF IS ONLY 3 YRS OLD, patio area, breezeway, 1 car garage, full basement, wood working fireplace & hardwood floors throughout. Very well maintained & in move-in-condition. Don't wait to see this home! Only seconds to highways for an easy commute, shopping & dinning.  Total Annual Taxes with NO Exemptions $4,470.00. Very Good Condition
Unit Size
-
Days on Market
-
Land Size
0.34 acres
Price per sqft
-
Property Type
House
Property Taxes
$373
HOA Dues
-
Year Built
1954

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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 #201521067)

Price History

Date / Event Date Event Price
Jan 13, 2016 Sold
Premium
Sold
Sep 24, 2015 Listed by KW Platform $145,000
Listed by KW Platform

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1970
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 308
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 1,790
  • Lot Size Frontage Feet: 820
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 36 R,G,FP,BKF CORRADI COL GAR 7.-503-20

Neighborhood

  • School District Name: Rotterdam-Mohonasen Central School District
  • School Tax School District: MOHONASEN
  • Census Tract: 033003

Zoning

  • Zoning: R-1

Geography

  • District: 422800
  • Section: 58.12
  • Parcel: 422800 58.12-10-14
  • Block: 10
  • Lot: 14.000
  • Municipality: ROTTERDAM
  • Latitude: 42.7766
  • Longitude: -73.9674

    Address

  • Full Address: 24 Merritt Dr
  • Address - House Number: 24
  • Address - Street Name: Merritt
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C017
  • 4-Digit Zip Code: 3525
  • Zip Code: 12306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $551,518
  • Tax Rate Code Area: 422803

    Appraisal Valuation

  • Standard Deviation: 0.2437
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 232,849
  • High Value: 289,610
  • Low Value: 176,089

    Market Valuation

  • Market Total Value: $197,400
  • Market Land Value: $33,558
  • Market Improvement Value: $163,842

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $150,000
  • Assessed Land Value: $25,500
  • Assessed Improvements Value: $124,500

    Sales

  • Current Sale Contract Date: Dec 29, 2015
  • Current Sale Recording Date: Jan 13, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201601728
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

1647 ft²

Average Home Age

77.3 years

Currently For Sale

48 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: Junell Pasquarelli
KW Platform
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201521067
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 24 Merritt Drive built and last sold?
The property at 24 Merritt Drive was built in 1954 and last sold on Dec 29, 2015 for $140,000.
How much is this home worth?
The estimated value of the home located at 24 Merritt Drive is $0.
What are some comparable homes to 24 Merritt Drive?
There are currently no comparable homes to 24 Merritt Drive.
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