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Scotia 12302
35 Wallace Street
$322,500
● House - Off Market

35 Wallace Street

Scotia, NY 12302
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,662 Ft²
$2,033
Est. Monthly
8.77%
Cap Rate

About This Property

Beautifully Renovated Home in Scotia Glenville Schools! This 4-bedroom, 2-bath gem offers style, comfort, and space. Enjoy a bright open floor plan featuring a spacious living room with electric fireplace, large dining area, and stunning new kitchen with granite countertops and stainless steel appliances. Two bedrooms and a full bath on each floor-each room fits a queen bed! Updates include new furnace, hot water tank, plumbing, electric, crown molding, tray ceilings, recessed lighting, and vinyl windows. Relax on the front porch, entertain on the large deck, and enjoy a fenced yard. 1-car garage + alley access driveway. Move-in ready!
Unit Size
1,662 Ft²
Days on Market
83 days
Land Size
0.11 acres
Price per sqft
$192
Property Type
House
Property Taxes
$462
HOA Dues
-
Year Built
1925

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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 #202517958)

Price History

Date / Event Date Event Price
Aug 13, 2025 Sold
Premium
Sold
Jun 15, 2025 In contract -
In contract
May 28, 2025 Price Decreased $319,900
↓ $10K (3%)
Price Decreased
May 22, 2025 Listed by Miranda Real Estate Group Inc $329,900
Listed by Miranda Real Estate Group Inc
Dec 30, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1925
  • Effective Year Built: 1925
  • 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: 264
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 4,620
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,230
  • Building Area: 1,230
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,230
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000106
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: C.P. SANDERS=3 L506 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: A12613
  • District: 422201
  • Section: 29.84
  • Parcel: 422201 29.84-2-31
  • Block: 2
  • Lot: 31.000
  • Municipality: SCOTIA
  • Latitude: 42.8327
  • Longitude: -73.9602

    Address

  • Full Address: 35 Wallace St
  • Address - House Number: 35
  • Address - Street Name: Wallace
  • Address - Suffix Type: St
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C006
  • 4-Digit Zip Code: 2308
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $501,396
  • Tax Rate Code Area: 422202

    Appraisal Valuation

  • Standard Deviation: 0.2407
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 66
  • Final Value: 220,364
  • High Value: 273,409
  • Low Value: 167,318

    Market Valuation

  • Market Total Value: $154,706
  • Market Land Value: $23,529
  • Market Improvement Value: $131,177

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $105,200
  • Assessed Land Value: $16,000
  • Assessed Improvements Value: $89,200

    Sales

  • Current Sale Contract Date: Nov 28, 2016
  • Current Sale Recording Date: Dec 30, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201660467
  • Previous Sale Recording Date: Jun 25, 2010
  • Previous Sale Contract Date: Jun 17, 2010
  • Previous Sale Amount: $148,000
  • 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 397 Ballston Road, Glenville, NY, 12302

$2,995 /mo

  • 3 Beds
  • 2 Baths
  • 2,100 ft²
397 Ballston Road, Glenville, NY, 12302 Listing by Brock E Forkey

Rentals Near You

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

Listed by: Christine M Serafini
Miranda Real Estate Group Inc
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202517958
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 35 Wallace Street built and last sold?
The property at 35 Wallace Street was built in 1925 and last sold on Nov 28, 2016 for $145,500.
How much is this home worth?
The estimated value of the home located at 35 Wallace Street is $0.
What are some comparable homes to 35 Wallace Street?
There are currently no comparable homes to 35 Wallace Street.
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