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Schenectady 12306
40 Old Fort Avenue
$335,000
● House - Off Market

40 Old Fort Avenue

Rotterdam, NY 12306
bedrooms
4 Beds
bathrooms
2 Baths
$274,150
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Welcome to this unique Tudor-style home with 4 beds, 2 baths, and great bones! With charming architectural features throughout and a desirable location, this property is ready for your personal touch and updates you desire! You can cozy up by the fireplace in the spacious family room with natural light pouring in. Upstairs the spacious bedrooms offer versatility.  The oversized 4th bedroom could be used as a play/rec room as well! The backyard is completely fenced in and is very flat, it provides privacy and comes with a back patio is great for any buyer. This home is located in the Schalmont School District.  New boiler installed  2 yrs ago and new septic ~ 12 yrs ago.  Unlock the potential of this Tudor gem and make it yours today!
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$177
HOA Dues
-
Year Built
1970

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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 #202317717)

Price History

Date / Event Date Event Price
Jul 25, 2023 Sold
Premium
Sold
Jun 5, 2023 In contract -
In contract
May 31, 2023 Listed by KW Platform $274,900
Listed by KW Platform

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1980
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • 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: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,648
  • Building Area: 1,648
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,648
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: R,G,BKF,FP,CBA,2STY LOCUST MNR #4-20 7.-527-19

Neighborhood

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

Zoning

  • Zoning: R-1

Geography

  • District: 422800
  • Section: 48.17
  • Parcel: 422800 48.17-5-7
  • Block: 5
  • Lot: 7.000
  • Municipality: ROTTERDAM
  • Latitude: 42.7894
  • Longitude: -74.0013

    Address

  • Full Address: 40 Old Fort Ave
  • Address - House Number: 40
  • Address - Street Name: Old Fort
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C022
  • 4-Digit Zip Code: 1136
  • Zip Code: 12306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $634,354
  • Tax Rate Code Area: 422801

    Appraisal Valuation

  • Standard Deviation: 0.2197
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 69
  • Final Value: 306,314
  • High Value: 373,615
  • Low Value: 239,013

    Market Valuation

  • Market Total Value: $267,100
  • Market Land Value: $25,657
  • Market Improvement Value: $241,443

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,000
  • Assessed Land Value: $19,500
  • Assessed Improvements Value: $183,500

    Sales

  • Current Sale Contract Date: Jul 12, 2023
  • Current Sale Recording Date: Jul 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 42179

    Financing

  • First Mortgage Financing Type: ADJ
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:

$299,000

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1985 ft²

Average Home Age

81.8 years

Currently For Sale

332 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 2301 Campbell Avenue, Schenectady, NY, 12306

$2,600 /mo

  • 4 Beds
  • 1 Bath
  • 1,839 ft²
2301 Campbell Avenue, Schenectady, NY, 12306 Listing by Kevin Clancy
Unit for rent at 3206 Guilderland Avenue, Rotterdam, NY, 12306

$2,600 /mo

  • 4 Beds
  • 1 Bath
  • 2,300 ft²
3206 Guilderland Avenue #UNIT1, Rotterdam, NY, 12306 Listing by M Bridgette Frankow-Mucha

Rentals Near You

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

Listed by: Dominick Marchesiello
KW Platform
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202317717
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 40 Old Fort Avenue built and last sold?
The property at 40 Old Fort Avenue was built in 1970 and last sold on Jul 12, 2023 for $335,000.
How much is this home worth?
The estimated value of the home located at 40 Old Fort Avenue is $0.
What are some comparable homes to 40 Old Fort Avenue?
There are currently no comparable homes to 40 Old Fort Avenue.
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