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Schenectady 12304
451 MANCHESTER Road
$101,000
● House - Off Market

451 MANCHESTER Road

Schenectady, NY 12304
bedrooms
5 Beds
bathrooms
2 Baths
$132,382
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Why rent when you can own for less???? With 3.5% down, your monthly payment could be less than $800/month!!!! 5 bedrooms, 2 full bathrooms. Woodlawn neighborhood. Fenced in yard. Freshly painted interior. Solar panels reduce utility cost. BACK ON MARKET due to buyer employment issue..
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1950

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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 #202021071)

Price History

Date / Event Date Event Price
Nov 2, 2020 Sold
Premium
Sold
Jun 26, 2020 Listed by KW Platform $99,000
Listed by KW Platform
Apr 24, 2015 Sold
Premium
Sold
Jan 7, 2015 Listed by KW Platform $64,900
Listed by KW Platform

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 3
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,600
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 400
  • Total Building Area: 1,460
  • Building Area: 1,460
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,460
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000128
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 451 RAISED PANCH

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 021802

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 421500
  • Section: 60.62
  • Parcel: 421500 60.62-3-31.2
  • Block: 3
  • Lot: 31.002
  • Municipality: SCHENECTADY
  • Latitude: 42.7712
  • Longitude: -73.9072

    Address

  • Full Address: 451 Manchester Rd
  • Address - House Number: 451
  • Address - Street Name: Manchester
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C021
  • 4-Digit Zip Code: 3909
  • Zip Code: 12304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $402,058
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.2589
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 63
  • Final Value: 168,870
  • High Value: 212,602
  • Low Value: 125,138

    Market Valuation

  • Market Total Value: $93,671
  • Market Land Value: $19,367
  • Market Improvement Value: $74,304

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,000
  • Assessed Land Value: $15,300
  • Assessed Improvements Value: $58,700

    Sales

  • Current Sale Contract Date: Oct 16, 2020
  • Current Sale Recording Date: Nov 02, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 202033999
  • Previous Sale Recording Date: Apr 24, 2015
  • Previous Sale Contract Date: Apr 14, 2015
  • Previous Sale Amount: $59,500
  • 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

Rentals Near You

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

Listed by: Amy E LaChapelle
KW Platform
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202021071
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 451 Manchester Road built and last sold?
The property at 451 Manchester Road was built in 1950 and last sold on Oct 16, 2020 for $101,000.
How much is this home worth?
The estimated value of the home located at 451 Manchester Road is $99,990.
What are some comparable homes to 451 Manchester Road?
There are currently no comparable homes to 451 Manchester Road.
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