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Scotia 12302
27 Cartwheel Drive
$305,000
● House - Off Market

27 Cartwheel Drive

Scotia, NY 12302
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,824 Ft²
$310,840
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Move-In ready home located in a low traffic subdivision just minutes from Glenville and the quaint Village of Scotia.  The floor plan flows well and offers a formal living room and dining room...the kitchen has tons of cabinets, a center island and is open to the family room.  There are sliding glass doors that open to a large deck and nicely landscaped back yard.  Enjoy the benefits  of  the 1st floor bedroom, full bathroom and laundry.  Upstairs there are 2 spacious bedrooms and a full bath room as well.  This home has been meticulously maintained by the original owners
Unit Size
1,824 Ft²
Days on Market
58 days
Land Size
0.14 acres
Price per sqft
$161
Property Type
House
Property Taxes
$706
HOA Dues
-
Year Built
1991

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #202228157)

Price History

Date / Event Date Event Price
Dec 14, 2022 Sold
Premium
Sold
Oct 10, 2022 Listed by KW Platform $293,000
Listed by KW Platform

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,240
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,824
  • Building Area: 1,824
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,824
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000143
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: HERITAGE HILL L27 HLG

Neighborhood

  • School District Name: Scotia-Glenville Central School District
  • School Tax School District: SCOTIA-GLENVILL
  • Census Tract: 032200

Zoning

  • Zoning: RES

Geography

  • District: 422201
  • Section: 29.52
  • Parcel: 422201 29.52-2-38
  • Block: 2
  • Lot: 38.000
  • Municipality: SCOTIA
  • Latitude: 42.8436
  • Longitude: -73.9619

    Address

  • Full Address: 27 Cartwheel Dr
  • Address - House Number: 27
  • Address - Street Name: Cartwheel
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C022
  • 4-Digit Zip Code: 3017
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $854,567
  • Tax Rate Code Area: 422202

    Appraisal Valuation

  • Standard Deviation: 0.2442
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 65
  • Final Value: 302,001
  • High Value: 375,764
  • Low Value: 228,239

    Market Valuation

  • Market Total Value: $263,676
  • Market Land Value: $35,588
  • Market Improvement Value: $228,088

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,300
  • Assessed Land Value: $24,200
  • Assessed Improvements Value: $155,100

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 03, 2022
  • Current Sale Recording Date: Dec 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 65921
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 Scotia

Stats & Trends

Median Asking:

$264,529

Sale Price/ft²

$190

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2016 ft²

Average Home Age

75.9 years

Currently For Sale

18 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 122 N Ferry Street, Schenectady, NY, 12305

$2,150 /mo

  • 3 Beds
  • 1 Bath
122 N Ferry Street #1, Schenectady, NY, 12305 Listing by Renee Farley

Rentals Near You

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

Listed by: Jeffrey Keith
KW Platform
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202228157
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 27 Cartwheel Drive built and last sold?
The property at 27 Cartwheel Drive was built in 1991 and last sold on Dec 3, 2022 for $305,000.
How much is this home worth?
The estimated value of the home located at 27 Cartwheel Drive is $0.
What are some comparable homes to 27 Cartwheel Drive?
There are currently no comparable homes to 27 Cartwheel Drive.
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