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Scotia 12302
32 WALLACE Street
$98,000
● House - Off Market

32 WALLACE Street

Scotia, NY 12302
bedrooms
3 Beds
bathrooms
1 Bath
$186,223
RealtyHop Estimate
86.41%
Since Nov 1, 2014
National-US
Primary Model

About This Property

HUGE PRICE REDUCTION!  Estate Sale. Large newer kitchen with center island.  Large formal dining and living room.  Gorgeous hardwood floors under the carpeting.  Large 1 car detached garage.  Home is in great condition.  Excellent value for the 1st time home buyer or family looking to downsize.  Absolutely must be seen.  Wont last long at this price! Very Good Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$249
HOA Dues
-
Year Built
1920

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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 #201409125)

Price History

Date / Event Date Event Price
Sep 21, 2020 Sold
Premium
Sold
Jul 14, 2020 Listed by The Property Shop $134,900
Listed by The Property Shop
Nov 21, 2014 Sold
Premium
Sold
Apr 25, 2014 Listed by The Property Shop $99,900
Listed by The Property Shop

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • 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: 216
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,833
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 333
  • Total Building Area: 1,092
  • Building Area: 1,092
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,092
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: C P SANDERS ESTATE
  • Land Acres: 0000000110
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: C. P. SANDERS =10 P5 HLG

Neighborhood

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

Zoning

  • Zoning: RES

Geography

  • Account Number: A12706
  • District: 422201
  • Section: 30.77
  • Parcel: 422201 30.77-1-43
  • Block: 1
  • Lot: 43.000
  • Municipality: SCOTIA
  • Latitude: 42.8329
  • Longitude: -73.9597

    Address

  • Full Address: 32 Wallace St
  • Address - House Number: 32
  • Address - Street Name: Wallace
  • Address - Suffix Type: St
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C006
  • 4-Digit Zip Code: 2309
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $405,122
  • Tax Rate Code Area: 422202

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 597,561
  • High Value: 871,344
  • Low Value: 323,777

    Market Valuation

  • Market Total Value: $125,000
  • Market Land Value: $23,529
  • Market Improvement Value: $101,471

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,000
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $69,000

    Sales

  • Current Sale Contract Date: Sep 11, 2020
  • Current Sale Recording Date: Sep 21, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202028204
  • Previous Sale Recording Date: Nov 21, 2014
  • Previous Sale Contract Date: Oct 30, 2014
  • Previous Sale Amount: $98,000
  • Previous Sale Document Type: 27
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: Mark Favaloro
The Property Shop
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201409125
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 32 Wallace Street built and last sold?
The property at 32 Wallace Street was built in 1920 and last sold on Sep 11, 2020 for $139,500.
How much is this home worth?
The estimated value of the home located at 32 Wallace Street is $0.
What are some comparable homes to 32 Wallace Street?
There are currently no comparable homes to 32 Wallace Street.
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