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Schenectady 12306
845 River Road
$400,000
● House - Off Market

845 River Road

Rotterdam, NY 12306
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
$423,338
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Wonderful opportunity to purchase a beautiful home with upgrades throughout! A great home to entertain situated  on a large private lot that features large trex deck, koi pond, pavered patio and above ground pool with privacy. Home features include: all remodeled kitchen and bathrooms, large great room with fireplace, new roof, new furnace, new hot water heater. Large master suite in finished basement area with all natural stone bathroom. A must see to appreciate home with views of the Mohawk River and nearby Marina that is great for the boating enthusiast  Open House this Sunday 10-16 from 12:00 to 2:00pm
Unit Size
-
Days on Market
-
Land Size
1.01 acres
Price per sqft
-
Property Type
House
Property Taxes
$595
HOA Dues
-
Year Built
2000

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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 #202228254)

Price History

Date / Event Date Event Price
Feb 6, 2024 Sold
Premium
Sold
Nov 30, 2023 In contract -
In contract
Nov 24, 2023 Listed by RE/MAX Platinum $424,900
Listed by RE/MAX Platinum
Jan 30, 2023 Sold
Premium
Sold
Oct 11, 2022 Listed by RE/MAX Platinum $399,900
Listed by RE/MAX Platinum
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2015
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 19
  • 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: 880
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,996
  • Total Building Area: 2,392
  • Building Area: 2,392
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,392
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001010
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: Schalmont Central School District
  • School Tax School District: SCHALMONT
  • Census Tract: 032602

Zoning

  • Zoning: R-1

Geography

  • District: 422800
  • Section: 28.02
  • Parcel: 422800 28.2-1-12.11
  • Block: 1
  • Lot: 12.011
  • Municipality: ROTTERDAM
  • Latitude: 42.8529
  • Longitude: -74.0251

    Address

  • Full Address: 845 River Rd
  • Address - House Number: 845
  • Address - Street Name: River
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: R003
  • 4-Digit Zip Code: 6525
  • Zip Code: 12306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $901,738
  • Tax Rate Code Area: 422801

    Appraisal Valuation

  • Standard Deviation: 0.1022
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 90
  • Final Value: 448,415
  • High Value: 494,263
  • Low Value: 402,567

    Market Valuation

  • Market Total Value: $370,000
  • Market Land Value: $32,895
  • Market Improvement Value: $337,105

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $281,200
  • Assessed Land Value: $25,000
  • Assessed Improvements Value: $256,200

    Sales

  • Current Sale Contract Date: Jan 18, 2024
  • Current Sale Recording Date: Feb 06, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7539
  • Previous Sale Recording Date: Jan 30, 2023
  • Previous Sale Contract Date: Jan 17, 2023
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: 71
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

$191

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1985 ft²

Average Home Age

81.8 years

Currently For Sale

332 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: David M Schrepper
RE/MAX Platinum
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202228254
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 845 River Road built and last sold?
The property at 845 River Road was built in 2000 and last sold on Jan 18, 2024 for $440,000.
How much is this home worth?
The estimated value of the home located at 845 River Road is $0.
What are some comparable homes to 845 River Road?
There are currently no comparable homes to 845 River Road.
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