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Amsterdam 12010
8 McElwain Avenue
Photo of 8 McElwain Avenue
Sold on May 16, 2025

1

Map

$125,000
● House - Off Market

8 McElwain Avenue

Amsterdam, NY 12010
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,996 Ft²
$864
Est. Monthly
26.40%
Cap Rate

About This Property

Opportunity awaits as this charming affordable 4 bedroom 2 bath Amsterdam home with a double lot hits the market! This home features a cozy living room, formal ding room with lovely woodwork, good size kitchen, 1st floor laundry room! All the bedrooms are good size including a first and second floor primary bedrooms! Front wrap around porch and second floor back porch! Updated hot water heater and newer 5 year old roof! Convenient location and must see!
Unit Size
1,996 Ft²
Days on Market
112 days
Land Size
0.19 acres
Price per sqft
$63
Property Type
House
Property Taxes
$250
HOA Dues
-
Year Built
1880

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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: 2 years ago (Global MLS #202511140)

Price History

Date / Event Date Event Price
May 16, 2025 Sold
Premium
Sold
Feb 7, 2025 In contract -
In contract
Jan 24, 2025 Listed by Newcomb Realty Group LLC $125,000
Listed by Newcomb Realty Group LLC

Property Highlights

Parking Available

Building Info

Overview

    General

  • Year Built: 1880
  • Effective Year Built: 1880
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • 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: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,200
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 820
  • Total Building Area: 1,966
  • Building Area: 1,966
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,966
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000188
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: RES B L 80 X 100

Neighborhood

  • School District Name: Amsterdam City School District
  • School Tax School District: AMSTERDAM CITY
  • Census Tract: 070500

Zoning

  • Zoning: 02 - SINGL

Geography

  • Account Number: 0226140
  • District: 270100
  • Section: 39.75
  • Parcel: 270100 39.75-2-71
  • Block: 2
  • Lot: 71.000
  • Municipality: AMSTERDAM
  • Latitude: 42.9454
  • Longitude: -74.1914

    Address

  • Full Address: 8 Mcelwain Ave
  • Address - House Number: 8
  • Address - Street Name: Mcelwain
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Amsterdam
  • Carrier Code: C006
  • 4-Digit Zip Code: 3313
  • Zip Code: 12010

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $108,013
  • Initial Tax Delinquent Year: 2023
  • Tax Rate Code Area: 270100

    Appraisal Valuation

  • Standard Deviation: 0.1688
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 66
  • Final Value: 111,708
  • High Value: 130,567
  • Low Value: 92,848

    Market Valuation

  • Market Total Value: $81,395
  • Market Land Value: $14,186
  • Market Improvement Value: $67,209

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $35,000
  • Assessed Land Value: $6,100
  • Assessed Improvements Value: $28,900

    Exemptions

  • Homeowner Exemption: Yes
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 Amsterdam

Stats & Trends

Median Asking:

$199,900

Sale Price/ft²

$106

Below Asking

0.03%

Average Days on Market

75

Average Home Size

2161 ft²

Average Home Age

479.5 years

Currently For Sale

57 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: Wayne A Newcomb, Jr.
Newcomb Realty Group LLC
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202511140
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 8 McElwain Avenue built and last sold?
The property at 8 McElwain Avenue was built in 1880 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 8 McElwain Avenue is $0.
What are some comparable homes to 8 McElwain Avenue?
There are currently no comparable homes to 8 McElwain Avenue.
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