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Schenectady 12306
338 Dolan Drive
$410,000
● House - Off Market

338 Dolan Drive

Schenectady, NY 12306
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
$2,801
Est. Monthly
9.24%
Cap Rate

About This Property

This large single family home with an in-law apartment and an in-ground pool checks all the boxes! The main living area features hardwood floors, an updated kitchen, a patio with a retractable awning, and a finished basement with a full bathroom. The in-law apartment is accessible through the main house as well as through its own entrance. It features a large bedroom w/ a walk in closet, a full bathroom, kitchen, & a spacious living room. Use the in-law for visitors, rent it out, or make it a large primary suite! Rest easy knowing there have been many recent upgrades, including a new hot water heater, refrigerator, and liner for the pool. Located on a corner lot in a quiet neighborhood with no thru traffic. Schalmont Schools, less than 5 min. from schools, shopping, restaurants & more!
Unit Size
-
Days on Market
-
Land Size
0.34 acres
Price per sqft
-
Property Type
House
Property Taxes
$689
HOA Dues
-
Year Built
1980

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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 #202427972)

Price History

Date / Event Date Event Price
Feb 19, 2025 Sold
Premium
Sold
Dec 13, 2024 In contract -
In contract
Nov 11, 2024 Price Decreased $429,900
↓ $20K (4.5%)
Price Decreased
Oct 23, 2024 Listed by Vera Cohen Realty, LLC $450,000
Listed by Vera Cohen Realty, LLC
Sep 25, 2003 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 2,050
  • Lot Size Frontage Feet: 720
  • Total Building Area: 2,785
  • Building Area: 2,785
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 2,785
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000340
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: R,G2,SF,FP,2STY GALLUCCI GAR- 20 7.-530-8

Neighborhood

  • School District Name: Schalmont Central School District
  • School Tax School District: SCHALMONT
  • Census Tract: 032601

Zoning

  • Zoning: R-1

Geography

  • District: 422800
  • Section: 58.05
  • Parcel: 422800 58.5-1-17
  • Block: 1
  • Lot: 17.000
  • Municipality: ROTTERDAM
  • Latitude: 42.7842
  • Longitude: -74.0031

    Address

  • Full Address: 338 Dolan Dr
  • Address - House Number: 338
  • Address - Street Name: Dolan
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C022
  • 4-Digit Zip Code: 1013
  • Zip Code: 12306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,129,136
  • Tax Rate Code Area: 422801

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 399,108
  • High Value: 492,793
  • Low Value: 305,423

    Market Valuation

  • Market Total Value: $353,900
  • Market Land Value: $33,548
  • Market Improvement Value: $320,352

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,000
  • Assessed Land Value: $25,500
  • Assessed Improvements Value: $243,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 15, 2003
  • Current Sale Recording Date: Sep 25, 2003
  • Current Sale Price:
    Premium
  • Current 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:

$299,525

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1972 ft²

Average Home Age

82.3 years

Currently For Sale

347 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

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Global MLS

Listed by: Irene A Kulbida
Vera Cohen Realty, LLC
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202427972
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 338 Dolan Drive built and last sold?
The property at 338 Dolan Drive was built in 1980 and last sold on Sep 15, 2003 for $247,000.
How much is this home worth?
The estimated value of the home located at 338 Dolan Drive is $434,199.
What are some comparable homes to 338 Dolan Drive?
There are currently no comparable homes to 338 Dolan Drive.
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