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Schenectady 12304
401 FURMAN Street
$95,000
● House - Off Market

401 FURMAN Street

Schenectady, NY 12304
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$146,377
RealtyHop Estimate
46.38%
Since Dec 1, 2019
National-US
Primary Model

About This Property

Move right in to this spacious Colonial. Fabulous location near St. Clares Hospital (Now Ellis), parks, shopping and banking. Off street parking and deep lot. Newer hot air furnace and hot water heater. New driveway, new appliances, updated electrical. Kitchen and bath have been updated. Great front porch. Maintenance free exterior. Convenient to bus line. Excellent Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$287
HOA Dues
-
Year Built
1905

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 #201929509)

Price History

Date / Event Date Event Price
Aug 31, 2023 Sold
Premium
Sold
May 31, 2023 In contract -
In contract
Apr 25, 2023 Listed by Miranda Real Estate Group Inc $229,900
Listed by Miranda Real Estate Group Inc
Nov 19, 2019 Sold
Premium
Sold
Sep 3, 2019 Listed by Miranda Real Estate Group Inc $100,000
Listed by Miranda Real Estate Group Inc
Show More

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1905
  • Effective Year Built: 1905
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 4
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,788
  • Lot Size Depth Feet: 1,754
  • Lot Size Frontage Feet: 330
  • Total Building Area: 1,332
  • Building Area: 1,332
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,332
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELONGING TO CHARLES F VEEDER
  • Land Acres: 0000000132
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 2 WOOD AND GARAGE

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 020700

Zoning

  • Zoning: 03 - MULTI

Geography

  • District: 421500
  • Section: 49.44
  • Parcel: 421500 49.44-1-34
  • Block: 1
  • Lot: 34.000
  • Municipality: SCHENECTADY
  • Latitude: 42.8029
  • Longitude: -73.9192

    Address

  • Full Address: 401 Furman St
  • Address - House Number: 401
  • Address - Street Name: Furman
  • Address - Suffix Type: St
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C006
  • 4-Digit Zip Code: 1119
  • Zip Code: 12304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $366,978
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 595,864
  • High Value: 868,870
  • Low Value: 322,857

    Market Valuation

  • Market Total Value: $90,380
  • Market Land Value: $14,051
  • Market Improvement Value: $76,329

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $71,400
  • Assessed Land Value: $11,100
  • Assessed Improvements Value: $60,300

    Sales

  • Current Sale Contract Date: Aug 16, 2023
  • Current Sale Recording Date: Aug 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 49542
  • Previous Sale Recording Date: Aug 05, 2019
  • Previous Sale Contract Date: Jul 25, 2019
  • Previous Sale Amount: $65,500
  • 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:

$259,900

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1980 ft²

Average Home Age

92.8 years

Currently For Sale

158 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 153 Barrett Street, Schenectady, NY, 12305

$2,295 /mo

  • 1 Bed
  • 1 Bath
  • 1,323 ft²
153 Barrett Street, Schenectady, NY, 12305 Listing by Anthony Durante
Unit for rent at 122 N Ferry Street, Schenectady, NY, 12305

$2,150 /mo

  • 3 Beds
  • 1 Bath
122 N Ferry Street #1, Schenectady, NY, 12305 Listing by Renee Farley

Rentals Near You

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

Listed by: Jacqueline Fontaine
Miranda Real Estate Group Inc
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201929509
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 401 Furman Street built and last sold?
The property at 401 Furman Street was built in 1905 and last sold on Aug 16, 2023 for $220,000.
How much is this home worth?
The estimated value of the home located at 401 Furman Street is $232,199.
What are some comparable homes to 401 Furman Street?
There are currently no comparable homes to 401 Furman Street.
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