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Schenectady 12304
324 KINGS Road
$83,000
● House - Off Market

324 KINGS Road

Schenectady, NY 12304
bedrooms
3 Beds
bathrooms
1 Bath
$193,427
RealtyHop Estimate
142.09%
Since Feb 1, 2003
National-US
Primary Model

About This Property

MOVE IN CONDITION/HARDWOOD FLOORS GREAT YARD/ALL GOOD SIZE ROOMS ALL NEW WINDOWS -- Excellent Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$314
HOA Dues
-
Year Built
1949

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 #2223443)

Price History

Date / Event Date Event Price
Sep 6, 2023 Sold
Premium
Sold
Jul 10, 2023 In contract -
In contract
Jun 19, 2023 Relisted $244,900
Relisted
May 29, 2023 In contract -
In contract
May 25, 2023 Listed by Coldwell Banker Prime Properties $244,900
Listed by Coldwell Banker Prime Properties
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 280
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,360
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,437
  • Building Area: 1,437
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,437
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000237
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 1 BRK AND WD AND GAR

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 021802

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 421500
  • Section: 60.46
  • Parcel: 421500 60.46-1-46
  • Block: 1
  • Lot: 46.000
  • Municipality: SCHENECTADY
  • Latitude: 42.7765
  • Longitude: -73.9109

    Address

  • Full Address: 324 Kings Rd
  • Address - House Number: 324
  • Address - Street Name: Kings
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C003
  • 4-Digit Zip Code: 3643
  • Zip Code: 12304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $389,657
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.2407
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 242,510
  • High Value: 300,887
  • Low Value: 184,134

    Market Valuation

  • Market Total Value: $185,316
  • Market Land Value: $27,848
  • Market Improvement Value: $157,468

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $146,400
  • Assessed Land Value: $22,000
  • Assessed Improvements Value: $124,400

    Exemptions

  • Veteran Exemption: Yes
  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 16, 2023
  • Current Sale Recording Date: Sep 06, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 50487
  • Previous Sale Recording Date: Jun 22, 2010
  • Previous Sale Contract Date: Jun 11, 2010
  • Previous Sale Amount: $137,800
  • 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 Schenectady

Stats & Trends

Median Asking:

$254,900

Sale Price/ft²

$153

Below Asking

0.02%

Average Days on Market

68

Average Home Size

1989 ft²

Average Home Age

93.5 years

Currently For Sale

226 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: Thomas Marks
Coldwell Banker Prime Properties
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 2223443
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 324 Kings Road built and last sold?
The property at 324 Kings Road was built in 1949 and last sold on Aug 16, 2023 for $245,000.
How much is this home worth?
The estimated value of the home located at 324 Kings Road is $0.
What are some comparable homes to 324 Kings Road?
There are currently no comparable homes to 324 Kings Road.
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