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Schenectady 12304
379 FERRIS Road
$88,000
● House - Off Market

379 FERRIS Road

Schenectady, NY 12304
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$283,834
RealtyHop Estimate
215.72%
Since Sep 1, 1999
National-US
Primary Model

About This Property

GREAT HOME IN NISKAYUNA AT AN AFFORDABLE PRICE. BANK FORECLOSURE AND NEEDS SOME TLC AND SOME REPAIRS. CLEANING MATERIALS AND PAINT WILL GO A LONG WAY TOWARD MAKING THIS ONE A BEAUTY. Good Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$196
HOA Dues
-
Year Built
1990

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #9922727)

Price History

Date / Event Date Event Price
Aug 11, 1999 Sold
Premium
Sold
Mar 2, 1999 Listed by Coldwell Banker Prime Properties $89,900
Listed by Coldwell Banker Prime Properties
Sep 10, 1998 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,470
  • Lot Size Frontage Feet: 870
  • Total Building Area: 1,620
  • Building Area: 1,620
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,620
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: South Colonie Central School District
  • Census Tract: 031902

Zoning

  • Zoning: R2

Geography

  • District: 422400
  • Section: 60.20
  • Parcel: 422400 60.20-1-18.2
  • Block: 1
  • Lot: 18.002
  • Municipality: NISKAYUNA
  • Latitude: 42.7689
  • Longitude: -73.8753

    Address

  • Full Address: 379 Ferris Rd
  • Address - House Number: 379
  • Address - Street Name: Ferris
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C019
  • 4-Digit Zip Code: 2479
  • Zip Code: 12304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $703,212
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 299,004
  • High Value: 369,191
  • Low Value: 228,817

    Market Valuation

  • Market Total Value: $263,300
  • Market Land Value: $48,103
  • Market Improvement Value: $215,197

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,000
  • Assessed Land Value: $38,000
  • Assessed Improvements Value: $170,000

    Sales

  • Current Sale Contract Date: Aug 06, 1999
  • Current Sale Recording Date: Aug 11, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Sep 10, 1998
  • Previous Sale Contract Date: Aug 03, 1998
  • Previous Sale Amount: $79,000
  • 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 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: Thomas Kiesow
Coldwell Banker Prime Properties
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 9922727
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 379 Ferris Road built and last sold?
The property at 379 Ferris Road was built in 1990 and last sold on Aug 6, 1999 for $88,000.
How much is this home worth?
The estimated value of the home located at 379 Ferris Road is $0.
What are some comparable homes to 379 Ferris Road?
There are currently no comparable homes to 379 Ferris Road.
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