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Schenectady 12308
537 FLORENCE Street
$60,000
● House - Off Market

537 FLORENCE Street

Schenectady, NY 12308
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$124,227
RealtyHop Estimate
107.39%
Since Jun 1, 2009
National-US
Primary Model

About This Property

Great starter home! New siding and windows. Furnace and hot water heater new in '03! Two driveways for plenty of parking! Two garages. Outbuilding for lots of storage. Great sized bedrooms & kitchen. Very Good Condition
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$188
HOA Dues
-
Year Built
1947

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: 3 years ago (Global MLS #29100512)

Price History

Date / Event Date Event Price
May 15, 2009 Sold
Premium
Sold
Jan 9, 2009 Listed by Capital Region Realty LLC $59,900
Listed by Capital Region Realty LLC
Mar 6, 2000 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 390
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,050
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000115
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: PART OF 77 1X BLOCK

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 020200

Zoning

  • Zoning: 03 - MULTI

Geography

  • District: 421500
  • Section: 39.35
  • Parcel: 421500 39.35-2-45
  • Block: 2
  • Lot: 45.000
  • Municipality: SCHENECTADY
  • Latitude: 42.8283
  • Longitude: -73.9229

    Address

  • Full Address: 537 Florence St
  • Address - House Number: 537
  • Address - Street Name: Florence
  • Address - Suffix Type: St
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C010
  • 4-Digit Zip Code: 1618
  • Zip Code: 12308

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $450,371
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 160,334
  • High Value: 197,970
  • Low Value: 122,698

    Market Valuation

  • Market Total Value: $102,278
  • Market Land Value: $15,316
  • Market Improvement Value: $86,962

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $80,800
  • Assessed Land Value: $12,100
  • Assessed Improvements Value: $68,700

    Sales

  • Current Sale Contract Date: May 08, 2009
  • Current Sale Recording Date: May 15, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 200919119
  • Previous Sale Recording Date: Mar 06, 2000
  • Previous Sale Contract Date: Jan 20, 2000
  • Previous Sale Amount: $62,000
  • 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:

$259,999

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1960 ft²

Average Home Age

94.5 years

Currently For Sale

152 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 1614 Wendell Avenue, Schenectady, NY, 12308

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,308 ft²
1614 Wendell Avenue, Schenectady, NY, 12308 Listing by Ana G Montemayor
Unit for rent at 2023 Fairlawn Parkway, Schenectady, NY, 12309

$2,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,236 ft²
2023 Fairlawn Parkway, Schenectady, NY, 12309 Listing by Colleen M Traficante

Rentals Near You

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

Listed by: Bhisham Nandalall
Capital Region Realty LLC
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 29100512
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 537 Florence Street built and last sold?
The property at 537 Florence Street was built in 1947 and last sold on May 8, 2009 for $60,000.
How much is this home worth?
The estimated value of the home located at 537 Florence Street is $0.
What are some comparable homes to 537 Florence Street?
There are currently no comparable homes to 537 Florence Street.
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