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Rotterdam 12303
2548 2ND Avenue
$157,700
● House - Off Market

2548 2ND Avenue

Rotterdam, NY 12303
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,638 Ft²
$205,324
RealtyHop Estimate
36.97%
Since Sep 1, 2020
National-US
Primary Model

About This Property

Welcome home to this 1600+ s/f  Bungalow, cottage style home. Beautifully maintained. Numerous recent updates. Neutral colors thru-out. Plenty of living space for everyone! Efficient living room pellet stove is the primary heat source. Front entry sun room, bright with sunshine all day. Back entry mudroom. Enclosed back porch for relaxation. Fenced yard. Hardwood & laminate flooring. Big 1st flr master bedroom. 2 bedrooms with shared bath, 2nd floor. Updated kitchen w/ family size side by side SS refrigerator. Quiet neighborhood close to amenities. Basement is 2/3rds finished for even more living area. Over sized 1 car garage with attic storage. Mohonasen Schools. Excellent Condition
Unit Size
1,638 Ft²
Days on Market
62 days
Land Size
-
Price per sqft
$92
Property Type
House
Property Taxes
$392
HOA Dues
-
Year Built
1938

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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: 2 years ago (Global MLS #202019845)

Price History

Date / Event Date Event Price
Mar 13, 2024 Sold
Premium
Sold
Jan 15, 2024 In contract -
In contract
Jan 8, 2024 Relisted $229,000
Relisted
Dec 29, 2023 In contract -
In contract
Dec 16, 2023 Listed by CM Fox Real Estate $229,000
Listed by CM Fox Real Estate
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1985
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 3
  • 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: 4
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,638
  • Building Area: 1,638
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,638
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 229 R,G,ENPR STOODLEY 4.-330-21

Neighborhood

  • School District Name: Rotterdam-Mohonasen Central School District
  • School Tax School District: MOHONASEN
  • Census Tract: 032901

Zoning

  • Zoning: R-1

Geography

  • District: 422800
  • Section: 59.11
  • Parcel: 422800 59.11-13-13
  • Block: 13
  • Lot: 13.000
  • Municipality: ROTTERDAM
  • Latitude: 42.7772
  • Longitude: -73.9312

    Address

  • Full Address: 2548 2nd Ave
  • Address - House Number: 2548
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C022
  • 4-Digit Zip Code: 3179
  • Zip Code: 12303

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $553,858
  • Tax Rate Code Area: 422803

    Appraisal Valuation

  • Standard Deviation: 0.2424
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 249,924
  • High Value: 310,509
  • Low Value: 189,338

    Market Valuation

  • Market Total Value: $196,100
  • Market Land Value: $11,055
  • Market Improvement Value: $185,045

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,000
  • Assessed Land Value: $8,400
  • Assessed Improvements Value: $140,600

    Sales

  • Current Sale Contract Date: Feb 20, 2024
  • Current Sale Recording Date: Mar 13, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15366
  • Previous Sale Recording Date: Aug 05, 2021
  • Previous Sale Contract Date: Aug 12, 2020
  • Previous Sale Amount: $158,000
  • 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 Rotterdam

Stats & Trends

Median Asking:

$279,900

Sale Price/ft²

$198

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1624 ft²

Average Home Age

76.4 years

Currently For Sale

49 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 534 Brandywine Avenue, Schenectady, NY, 12308

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,166 ft²
534 Brandywine Avenue #1STFLOOR, Schenectady, NY, 12308 Listing by Scott Frahm

Rentals Near You

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

Listed by: Carmella Richards
CM Fox Real Estate
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202019845
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 2548 2nd Avenue built and last sold?
The property at 2548 2nd Avenue was built in 1938 and last sold on Feb 20, 2024 for $240,000.
How much is this home worth?
The estimated value of the home located at 2548 2nd Avenue is $0.
What are some comparable homes to 2548 2nd Avenue?
There are currently no comparable homes to 2548 2nd Avenue.
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