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Schenectady 12302
707 BUSINESS Boulevard
$129,700
● House - Off Market

707 BUSINESS Boulevard

Glenville, NY 12302
bedrooms
4 Beds
bathrooms
2 Baths
$215,446
RealtyHop Estimate
58.42%
Since Jan 1, 2018
National-US
Primary Model

About This Property

A Unique Property - formerly The Navy Commander's home in the Scotia Navy Depot, AKA Scotia Industrial Park. This remains the only residential property amidst the Park. This home offers 4 bedrooms(2 on each floor), 2 full baths(1 on each floor), large living room with woodstove insert in the fireplace, formal dining room, kitchen, enclosed sitting porch, full basement and 2 car det. gar. Former inground pool is being filled and excavated by estate. Home is walking distance to parks and HS. More photos soon. Very Good Condition
Unit Size
-
Days on Market
-
Land Size
0.87 acres
Price per sqft
-
Property Type
House
Property Taxes
$427
HOA Dues
-
Year Built
1935

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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 #201718365)

Price History

Date / Event Date Event Price
Jan 2, 2018 Sold
Premium
Sold
Sep 14, 2017 Listed by Miranda Real Estate Group Inc $136,000
Listed by Miranda Real Estate Group Inc

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1935
  • Effective Year Built: 1935
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • 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: 4
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 43,608
  • Lot Size Depth Feet: 2,760
  • Lot Size Frontage Feet: 1,580
  • Total Building Area: 1,539
  • Building Area: 1,539
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,539
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001001
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: HL SP

Neighborhood

  • School District Name: Scotia-Glenville Central School District
  • School Tax School District: SCOTIA-GLENVILL
  • Census Tract: 032403

Zoning

  • Zoning: RES

Geography

  • Account Number: C04706
  • District: 422289
  • Section: 29.00
  • Parcel: 422289 29.-3-8.3
  • Block: 3
  • Lot: 8.003
  • Municipality: GLENVILLE (TOV)
  • Latitude: 42.8347
  • Longitude: -73.9816

    Address

  • Full Address: 707 Business Blvd
  • Address - House Number: 707
  • Address - Street Name: Business
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C026
  • 4-Digit Zip Code: 1020
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $630,005
  • Tax Rate Code Area: 422202

    Appraisal Valuation

  • Standard Deviation: 0.4581
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 8
  • Final Value: 604,015
  • High Value: 880,755
  • Low Value: 327,274

    Market Valuation

  • Market Total Value: $235,147
  • Market Land Value: $35,294
  • Market Improvement Value: $199,853

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $159,900
  • Assessed Land Value: $24,000
  • Assessed Improvements Value: $135,900

    Sales

  • Current Sale Contract Date: Dec 28, 2017
  • Current Sale Recording Date: Jan 02, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 33
  • Current Sale Input Document Number: 201800278
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:

$299,000

Sale Price/ft²

$193

Below Asking

0.01%

Average Days on Market

63

Average Home Size

1970 ft²

Average Home Age

102.2 years

Currently For Sale

449 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 2301 Campbell Avenue, Schenectady, NY, 12306

$2,600 /mo

  • 4 Beds
  • 1 Bath
  • 1,839 ft²
2301 Campbell Avenue, Schenectady, NY, 12306 Listing by Kevin Clancy

Rentals Near You

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

Listed by: Christine M Serafini
Miranda Real Estate Group Inc
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201718365
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 707 Business Boulevard built and last sold?
The property at 707 Business Boulevard was built in 1935 and last sold on Dec 28, 2017 for $130,000.
How much is this home worth?
The estimated value of the home located at 707 Business Boulevard is $0.
What are some comparable homes to 707 Business Boulevard?
There are currently no comparable homes to 707 Business Boulevard.
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