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Schenectady 12302
25 CHERRY Lane
$220,000
● House - Off Market

25 CHERRY Lane

Glenville, NY 12302
bedrooms
3 Beds
bathrooms
2 Baths
$318,325
RealtyHop Estimate
51.58%
Since Jul 1, 2018
National-US
Primary Model

About This Property

This 3 bedroom, 2 bathroom home sits in a friendly cul de sac neighborhood in the Scotia-Glenville School district. Enjoy the fenced in Back yard with above ground pool and fire pit on nice summer nights.  Conveniently located within minutes from shopping, banks and restaurants. This is a must see! *Owner is Licensed Real Estate Associate Broker -- Superior Condition
Unit Size
-
Days on Market
-
Land Size
0.30 acres
Price per sqft
-
Property Type
House
Property Taxes
$436
HOA Dues
-
Year Built
1959

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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 #201814786)

Price History

Date / Event Date Event Price
Jul 5, 2018 Sold
Premium
Sold
Mar 22, 2018 Listed by Romeo Team Realty $210,000
Listed by Romeo Team Realty
Sep 24, 2014 Sold
Premium
Sold
Aug 15, 2014 Sold
Premium
Sold
May 14, 2014 Listed by Romeo Team Realty $179,000
Listed by Romeo Team Realty

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 1
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 1

    Dimensions

  • Lot Size Square Feet: 12,600
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,488
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHADWICK WELLS PROPERTIES INC
  • Land Acres: 0000000289
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: CHADWICK WELLS 1 L2 HLG MARGARET DECEASED

Neighborhood

  • School District Name: Scotia-Glenville Central School District
  • School Tax School District: SCOTIA-GLENVILL
  • Census Tract: 032404

Zoning

  • Zoning: RES

Geography

  • Account Number: B02912
  • District: 422289
  • Section: 22.11
  • Parcel: 422289 22.11-2-39
  • Block: 2
  • Lot: 39.000
  • Municipality: GLENVILLE (TOV)
  • Latitude: 42.8678
  • Longitude: -73.9343

    Address

  • Full Address: 25 Cherry Ln
  • Address - House Number: 25
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C016
  • 4-Digit Zip Code: 4420
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $602,707
  • Tax Rate Code Area: 422202

    Appraisal Valuation

  • Standard Deviation: 0.2209
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 306,646
  • High Value: 374,404
  • Low Value: 238,888

    Market Valuation

  • Market Total Value: $238,676
  • Market Land Value: $39,412
  • Market Improvement Value: $199,264

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,300
  • Assessed Land Value: $26,800
  • Assessed Improvements Value: $135,500

    Sales

  • Current Sale Contract Date: Jun 25, 2018
  • Current Sale Recording Date: Jul 05, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201829460
  • Previous Sale Recording Date: Sep 24, 2014
  • Previous Sale Contract Date: Sep 19, 2014
  • Previous Sale Amount: $170,000
  • Previous Sale Document Type: 71
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:

$299,500

Sale Price/ft²

$193

Below Asking

0.01%

Average Days on Market

62

Average Home Size

1967 ft²

Average Home Age

97.5 years

Currently For Sale

459 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

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Global MLS

Listed by: Melinda St Hilaire
Romeo Team Realty
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201814786
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 25 Cherry Lane built and last sold?
The property at 25 Cherry Lane was built in 1959 and last sold on Jun 25, 2018 for $220,000.
How much is this home worth?
The estimated value of the home located at 25 Cherry Lane is $0.
What are some comparable homes to 25 Cherry Lane?
There are currently no comparable homes to 25 Cherry Lane.
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