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Schenectady 12308
2428 AVENUE B
$20,000
● House - Off Market

2428 AVENUE B

Schenectady, NY 12308
bedrooms
3 Beds
bathrooms
1 Bath
$45,617
RealtyHop Estimate
43.00%
Since Apr 1, 2020
National-US
Primary Model

About This Property

Also being sold is 2424 Ave B ext next door. Seller will entertain a discounted price if purchased together. Economical for residence or investment. To be sold 'as is'. Call L/S for more info. *extra finished living space on second floor in both houses - could be extra BR. Assessed much higher than asking price. Good Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1915

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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 #202011919)

Price History

Date / Event Date Event Price
Mar 31, 2020 Sold
Premium
Sold
Jan 31, 2020 Listed by Howard Hanna $31,900
Listed by Howard Hanna

Property Highlights

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,950
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 330
  • Total Building Area: 928
  • Building Area: 928
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 928
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LOTS BELONGING TO THE MAXON BROS
  • Land Acres: 0000000113
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 020102

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 421500
  • Section: 31.77
  • Parcel: 421500 31.77-1-36
  • Block: 1
  • Lot: 36.000
  • Municipality: SCHENECTADY
  • Latitude: 42.8341
  • Longitude: -73.9146

    Address

  • Full Address: 2428 Avenue B Ext
  • Address - House Number: 2428
  • Address - Street Name: Avenue B
  • Address - Suffix Type: Ext
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C013
  • 4-Digit Zip Code: 1006
  • Zip Code: 12308

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $291,820
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.261
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 104,291
  • High Value: 131,526
  • Low Value: 77,056

    Market Valuation

  • Market Total Value: $67,215
  • Market Land Value: $10,127
  • Market Improvement Value: $57,088

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $53,100
  • Assessed Land Value: $8,000
  • Assessed Improvements Value: $45,100

    Sales

  • Current Sale Contract Date: Mar 20, 2020
  • Current Sale Recording Date: Mar 31, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 202011472
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:

$259,900

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1940 ft²

Average Home Age

93.7 years

Currently For Sale

155 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 153 Barrett Street, Schenectady, NY, 12305

$2,295 /mo

  • 1 Bed
  • 1 Bath
  • 1,323 ft²
153 Barrett Street, Schenectady, NY, 12305 Listing by Anthony Durante
Unit for rent at 1014 Union Street, Schenectady, NY, 12308

$2,300 /mo

  • 5 Beds
  • 1 Bath
  • 1,644 ft²
1014 Union Street, Schenectady, NY, 12308 Listing by Moonrani G Gumani

Rentals Near You

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

Listed by: George T Tomaselli
Howard Hanna
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202011919
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 2428 Avenue B Extension built and last sold?
The property at 2428 Avenue B Extension was built in 1915 and last sold on Mar 20, 2020 for $20,000.
How much is this home worth?
The estimated value of the home located at 2428 Avenue B Extension is $32,219.
What are some comparable homes to 2428 Avenue B Extension?
There are currently no comparable homes to 2428 Avenue B Extension.
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