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Schenectady 12304
524 GIFFORD Road
$212,000
● House - Off Market

524 GIFFORD Road

Schenectady, NY 12304
bedrooms
4 Beds
bathrooms
2 Baths
$233,892
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

Pleased to present this meticulously maintained Raised Ranch in the Woodlawn Section of Schenectady. Formal LR which features a wood burning fireplace and an L-shaped DR. The beautiful updated gourmet kitchen offers an abundance of cabinets and solid surface counters. Newer windows throughout, 2yr. old custom cabinets, porcelain tile and cambria quartz complete the main bath. Gorgeous bamboo floors. The lower level family room has yet another fireplace which is natural gas. A large Cedar closet downstairs under the steps.  The Furnace and A/C was replaced two years ago.  The asphalt shingle roof is 9 years old and proper vents and attic has double insulation. The Deck has a gas line for your bbq/grill and overlooks the patio and fenced back yard.  *A WHOLE HOUSE GENERATOR* IS INCLUDED. Excellent Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$613
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 #202115567)

Price History

Date / Event Date Event Price
Jun 25, 2021 Sold
Premium
Sold
Apr 9, 2021 Listed by Howard Hanna $199,900
Listed by Howard Hanna

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 672
  • Garage Type: 1
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,700
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,700
  • Building Area: 1,700
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 2
  • Air Conditioning: 1
  • Heating: 2
  • Heated Square Feet: 1,700
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000176
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: PARTS OF 818 RAISED RANCH

Neighborhood

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

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 421500
  • Section: 60.70
  • Parcel: 421500 60.70-3-33.1
  • Block: 3
  • Lot: 33.001
  • Municipality: SCHENECTADY
  • Latitude: 42.7689
  • Longitude: -73.9082

    Address

  • Full Address: 524 Gifford Rd
  • Address - House Number: 524
  • Address - Street Name: Gifford
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C015
  • 4-Digit Zip Code: 3928
  • Zip Code: 12304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $739,754
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 258,616
  • High Value: 319,322
  • Low Value: 197,909

    Market Valuation

  • Market Total Value: $200,253
  • Market Land Value: $30,000
  • Market Improvement Value: $170,253

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $158,200
  • Assessed Land Value: $23,700
  • Assessed Improvements Value: $134,500

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jun 25, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 202130218
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:

$259,950

Sale Price/ft²

$155

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1959 ft²

Average Home Age

94.6 years

Currently For Sale

153 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

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Global MLS

Listed by: Janet Shaye
Howard Hanna
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202115567
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 524 Gifford Road built and last sold?
The property at 524 Gifford Road was built in 1970 and last sold on Jun 21, 2021 for $212,000.
How much is this home worth?
The estimated value of the home located at 524 Gifford Road is $0.
What are some comparable homes to 524 Gifford Road?
There are currently no comparable homes to 524 Gifford Road.
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