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Scotia 12302
423 Riverside Avenue
$265,000
● House - Off Market

423 Riverside Avenue

Scotia, NY 12302
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$263,347
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Sold before in MLS.
Unit Size
-
Days on Market
-
Land Size
0.17 acres
Price per sqft
-
Property Type
House
Property Taxes
$498
HOA Dues
-
Year Built
1940

Payment Calculator

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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: 4 years ago (Global MLS #202324974)

Price History

Date / Event Date Event Price
Sep 18, 2023 Listed by Miranda Real Estate Group Inc $265,000
Listed by Miranda Real Estate Group Inc

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 1
  • Garage Square Area: 322
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,560
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,299
  • Building Area: 1,299
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,299
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000173
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: PLEASANT VIEW PARK L81,82 H2LG

Neighborhood

  • School District Name: Scotia-Glenville Central School District
  • School Tax School District: SCOTIA-GLENVILL
  • Census Tract: 032300

Zoning

  • Zoning: RES

Geography

  • District: 422201
  • Section: 38.43
  • Parcel: 422201 38.43-1-25
  • Block: 1
  • Lot: 25.000
  • Municipality: SCOTIA
  • Latitude: 42.826
  • Longitude: -73.9719

    Address

  • Full Address: 423 Riverside Ave
  • Address - House Number: 423
  • Address - Street Name: Riverside
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C008
  • 4-Digit Zip Code: 1729
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $598,149
  • Tax Rate Code Area: 422202

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 224,214
  • High Value: 276,845
  • Low Value: 171,583

    Market Valuation

  • Market Total Value: $184,559
  • Market Land Value: $23,971
  • Market Improvement Value: $160,588

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,500
  • Assessed Land Value: $16,300
  • Assessed Improvements Value: $109,200
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:

$264,015

Sale Price/ft²

$189

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1707 ft²

Average Home Age

86.1 years

Currently For Sale

19 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 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
Unit for rent at 418 3rd Street, Schenectady, NY, 12306

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,000 ft²
418 3rd Street #2FL, Schenectady, NY, 12306 Listing by Moonrani G Gumani

Rentals Near You

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

Listed by: Nancy A Bobar
Miranda Real Estate Group Inc
Last Updated: 4 years ago
Data Source: Global MLS , MLS# 202324974
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 423 Riverside Avenue built and last sold?
The property at 423 Riverside Avenue was built in 1940 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 423 Riverside Avenue is $267,650.
What are some comparable homes to 423 Riverside Avenue?
There are currently no comparable homes to 423 Riverside Avenue.
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