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Schenectady 12306
405 STEEPLE Way
$410,189
● House - Off Market

405 STEEPLE Way

Rotterdam, NY 12306
bedrooms
3 Beds
bathrooms
2 Baths
$573,211
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model

About This Property

SOLD BEFORE PRINT -- To Be Built Condition
Unit Size
-
Days on Market
-
Land Size
0.50 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
$138
Year Built
2018

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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 #201821470)

Price History

Date / Event Date Event Price
Jan 11, 2019 Sold
Premium
Sold
Jun 6, 2018 Listed by Sterling Real Estate Group $377,190
Listed by Sterling Real Estate Group

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 474
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 50,094
  • Lot Size Frontage Feet: 400
  • Total Building Area: 2,086
  • Building Area: 2,086
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,086
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001150
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Rotterdam-Mohonasen Central School District
  • School Tax School District: MOHONASEN
  • Census Tract: 033002

Zoning

  • Zoning: PRD

Geography

  • District: 422800
  • Section: 70.12
  • Parcel: 422800 70.12-1-64.1
  • Block: 1
  • Lot: 64.001
  • Municipality: ROTTERDAM
  • Latitude: 42.76
  • Longitude: -73.969

    Address

  • Full Address: 405 Steeple Way
  • Address - House Number: 405
  • Address - Street Name: Steeple
  • Address - Suffix Type: Way
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C012
  • 4-Digit Zip Code: 2556
  • Zip Code: 12306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,600,872
  • Tax Rate Code Area: 422803

    Appraisal Valuation

  • Standard Deviation: 0.2149
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 70
  • Final Value: 572,744
  • High Value: 695,884
  • Low Value: 449,604

    Market Valuation

  • Market Total Value: $572,900
  • Market Land Value: $83,159
  • Market Improvement Value: $489,741

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $435,400
  • Assessed Land Value: $63,200
  • Assessed Improvements Value: $372,200

    Sales

  • Current Sale Contract Date: Jan 11, 2019
  • Current Sale Recording Date: Jan 15, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201902200
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:

$299,800

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1949 ft²

Average Home Age

82.1 years

Currently For Sale

338 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

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

Listed by: Scott Allen Finsrud
Sterling Real Estate Group
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201821470
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 405 Steeple Way built and last sold?
The property at 405 Steeple Way was built in 2018 and last sold on Jan 11, 2019 for $410,500.
How much is this home worth?
The estimated value of the home located at 405 Steeple Way is $380,962.
What are some comparable homes to 405 Steeple Way?
There are currently no comparable homes to 405 Steeple Way.
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