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Schenectady 12306
2864 Olean Street
$250,000
● House - Off Market

2864 Olean Street

Schenectady, NY 12306
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$238,699
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

***MULTI-OFFERS** HIGHEST & BEST DUE, MONDAY, OCTOBER 17TH AT 10AM** MOVE RIGHT INTO THIS TURNKEY METICULOUSLY WELL MAINTAINED 12-YEAR-OLD 3 BEDROOM 2.5 FULL BATH RANCH STYLE SCHENECTADY HOME. HOME FEATURES: UPDATED MAPLE CABINET KITCHEN WITH TILE BACKSPLASH, STAINLESS STEEL APPLIANCES, & DINING AREA WITH PRE-FINISHED HARDWOOD FLOORS, LIVING ROOM WITH PRE-FINISHED HARDWOOD FLOORS, 1ST FLOOR LAUNDRY & OVERSIZED HALF BATH, LARGE FINISHED MASTERSUITE IN THE BASEMENT AREA WITH WALK-IN CLOSET & WALKOUT BASEMENT & 1ST FLOOR DECK & YARD TO ENJOY WITH FAMILY & FRIENDS. HOME CLOSE TO SHOPPING & HIGHWAY ACCESS & IS ABSOLUTE MUST SEE!
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$635
HOA Dues
-
Year Built
2010

Payment Calculator

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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: 3 years ago (Global MLS #202228475)

Price History

Date / Event Date Event Price
Jan 9, 2023 Sold
Premium
Sold
Dec 9, 2022 Sold
Premium
Sold
Oct 14, 2022 Listed by Big Blue Realty Group,Inc $225,000
Listed by Big Blue Realty Group,Inc
Mar 7, 2018 Sold
Premium
Sold
May 26, 2017 Listed by Big Blue Realty Group,Inc $175,000
Listed by Big Blue Realty Group,Inc
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,080
  • Garage Type: 1
  • Garage Square Area: 270
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,985
  • Lot Size Depth Feet: 1,588
  • Lot Size Frontage Feet: 630
  • Total Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELLEVUE HILLS SUBDIVISION PLAN
  • Land Acres: 0000000229
  • 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: 021200

Geography

  • District: 421500
  • Section: 48.49
  • Parcel: 421500 48.49-1-78
  • Block: 1
  • Lot: 78.000
  • Municipality: SCHENECTADY
  • Latitude: 42.8011
  • Longitude: -73.9814

    Address

  • Full Address: 2864 Olean St
  • Address - House Number: 2864
  • Address - Street Name: Olean
  • Address - Suffix Type: St
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C003
  • 4-Digit Zip Code: 2440
  • Zip Code: 12306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $764,835
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.2149
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 270,211
  • High Value: 328,307
  • Low Value: 212,116

    Market Valuation

  • Market Total Value: $220,886
  • Market Land Value: $24,810
  • Market Improvement Value: $196,076

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $174,500
  • Assessed Land Value: $19,600
  • Assessed Improvements Value: $154,900

    Sales

  • Current Sale Contract Date: Dec 09, 2022
  • Current Sale Recording Date: Jan 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1187
  • Previous Sale Recording Date: Mar 07, 2018
  • Previous Sale Contract Date: Feb 28, 2018
  • Previous Sale Amount: $171,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
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

1960 ft²

Average Home Age

93.3 years

Currently For Sale

169 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 418 3rd Street, Schenectady, NY, 12306

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
418 3rd Street #2FL, Schenectady, NY, 12306 Listing by Moonrani G Gumani

Rentals Near You

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

Listed by: Rob S Grundman
Big Blue Realty Group,Inc
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202228475
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 2864 Olean Street built and last sold?
The property at 2864 Olean Street was built in 2010 and last sold on Dec 9, 2022 for $250,000.
How much is this home worth?
The estimated value of the home located at 2864 Olean Street is $227,250.
What are some comparable homes to 2864 Olean Street?
There are currently no comparable homes to 2864 Olean Street.
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