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Schenectady 12306
318 OAKRIDGE Drive
$110,000
● House - Off Market

318 OAKRIDGE Drive

Rotterdam, NY 12306
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$232,205
RealtyHop Estimate
101.92%
Since May 1, 2013
National-US
Primary Model

About This Property

***Sold Before Print*** -- Fair Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$413
HOA Dues
$200
Year Built
1970

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 #201312827)

Price History

Date / Event Date Event Price
Sep 18, 2017 Sold
Premium
Sold
Apr 18, 2013 Sold
Premium
Sold
Feb 21, 2013 Listed by Hunt ERA $115,000
Listed by Hunt ERA

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1985
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • 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: 338
  • Garage Type: 17
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Depth Feet: 1,469
  • Lot Size Frontage Feet: 1,328
  • Total Building Area: 1,534
  • Building Area: 1,534
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,534
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Schalmont Central School District
  • School Tax School District: SCHALMONT
  • Census Tract: 032602

Zoning

  • Zoning: R-1

Geography

  • District: 422800
  • Section: 37.20
  • Parcel: 422800 37.20-1-23.1
  • Block: 1
  • Lot: 23.001
  • Municipality: ROTTERDAM
  • Latitude: 42.815
  • Longitude: -74.0094

    Address

  • Full Address: 318 Oakridge Dr
  • Address - House Number: 318
  • Address - Street Name: Oakridge
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Schenectady
  • Carrier Code: R008
  • 4-Digit Zip Code: 1710
  • Zip Code: 12306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $743,803
  • Tax Rate Code Area: 422801

    Appraisal Valuation

  • Standard Deviation: 0.2197
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 284,862
  • High Value: 347,449
  • Low Value: 222,274

    Market Valuation

  • Market Total Value: $233,200
  • Market Land Value: $25,268
  • Market Improvement Value: $207,932

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,200
  • Assessed Land Value: $19,200
  • Assessed Improvements Value: $158,000

    Sales

  • Current Sale Contract Date: Sep 18, 2017
  • Current Sale Recording Date: Sep 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201742180
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:

$299,000

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1985 ft²

Average Home Age

81.8 years

Currently For Sale

332 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

Rentals Near You

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

Listed by: Carmelo Gines
Hunt ERA
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201312827
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 318 Oakridge Drive built and last sold?
The property at 318 Oakridge Drive was built in 1970 and last sold on Sep 18, 2017 for $207,000.
How much is this home worth?
The estimated value of the home located at 318 Oakridge Drive is $0.
What are some comparable homes to 318 Oakridge Drive?
There are currently no comparable homes to 318 Oakridge Drive.
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