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Schenectady 12309
827 JAMAICA Road
Photo of 827 JAMAICA Road
Sold on Sep 10, 2021

1

Map

$299,900
● House - Off Market

827 JAMAICA Road

Schenectady, NY 12309
bedrooms
5 Beds
bathrooms
2 Baths, 2 Half Baths
square feet
2,848 Ft²
$340,446
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

***Showings begin Friday 1pm***Open Sat  1-4***Take advantage of the rare opportunity to own in Central Park Estates! This mid-century modern masterpiece has been lovingly cared for by its original owners and is now ready for you to enjoy. Nesteled on a quiet, dead end st and featuring 5 beds, an office, 2 full and 2 1/2 baths. The mid-century touches abound throughout the kitchen (check out the milk box!) and bathrooms and the lg picture window grants amazing views of nature. Finished basement is wired for sound and complete with a fireplace, wet bar and shuffleboard area! Newer whole house generator (2018) and newer central A/C. Walkable neighborhood - Central Park, the rose gardens, duck pond and the shops and restaurants on Union are just steps away. Don't miss this opportunity! Excellent Condition
Unit Size
2,848 Ft²
Days on Market
92 days
Land Size
0.34 acres
Price per sqft
$105
Property Type
House
Property Taxes
$942
HOA Dues
-
Year Built
1955

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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: 10 days ago (Global MLS #202120683)

Price History

Date / Event Date Event Price
Sep 17, 2021 Sold
Premium
Sold
Jun 10, 2021 Listed by KW Platform $299,900
Listed by KW Platform

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 546
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,848
  • Building Area: 2,848
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 2,848
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REVISED MAP OF PARK ESTATES
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: 1X BRICK AND GARAGE

Neighborhood

  • School District Name: Schenectady City School District
  • School Tax School District: SCHENECTADY
  • Census Tract: 020600

Zoning

  • Zoning: 02 - SINGL

Geography

  • District: 421500
  • Section: 50.55
  • Parcel: 421500 50.55-1-9
  • Block: 1
  • Lot: 9.000
  • Municipality: SCHENECTADY
  • Latitude: 42.7982
  • Longitude: -73.9011

    Address

  • Full Address: 827 Jamaica Rd
  • Address - House Number: 827
  • Address - Street Name: Jamaica
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C003
  • 4-Digit Zip Code: 6411
  • Zip Code: 12309

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,137,342
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 421500

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 365,855
  • High Value: 451,735
  • Low Value: 279,976

    Market Valuation

  • Market Total Value: $310,253
  • Market Land Value: $46,582
  • Market Improvement Value: $263,671

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,100
  • Assessed Land Value: $36,800
  • Assessed Improvements Value: $208,300

    Sales

  • Current Sale Contract Date: Aug 18, 2021
  • Current Sale Recording Date: Sep 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 35
  • Current Sale Input Document Number: 202146080
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:

$260,000

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

71

Average Home Size

1949 ft²

Average Home Age

94.7 years

Currently For Sale

151 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: Sarah D'Angelo
KW Platform
Last Updated: 10 days ago
Data Source: Global MLS , MLS# 202120683
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 827 Jamaica Road built and last sold?
The property at 827 Jamaica Road was built in 1955 and last sold on Aug 18, 2021 for $299,900.
How much is this home worth?
The estimated value of the home located at 827 Jamaica Road is $302,899.
What are some comparable homes to 827 Jamaica Road?
There are currently no comparable homes to 827 Jamaica Road.
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