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Schenectady 12306
964 Scotch Ridge Road
Photo of 964 Scotch Ridge Road
Sold on Jan 12, 2023

1

Map

$270,000
● House - Off Market

964 Scotch Ridge Road

Princetown, NY 12306
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$280,426
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

This sweet log cabin with breathtaking views is located in a country setting but it's just minutes away from most of life's conveniences. Offering 3 bedrooms, 2 full baths, an awesome kitchen, first floor laundry, a spacious 3 season room, a versatile bonus room over the attached 2-car garage, a full basement with bilco doors, plenty of closets and so much more, this home is a must see! Also featuring a 24x42 pole barn which offer endless possibilities. Roof 2011, windows 2015, brand new raised bed septic 2006.
Unit Size
1,500 Ft²
Days on Market
70 days
Land Size
0.99 acres
Price per sqft
$177
Property Type
House
Property Taxes
$426
HOA Dues
-
Year Built
1983

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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: 3 days ago (Global MLS #202229558)

Price History

Date / Event Date Event Price
Jan 25, 2023 Sold
Premium
Sold
Nov 3, 2022 Listed by Miranda Real Estate Group Inc $264,900
Listed by Miranda Real Estate Group Inc

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 2000
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 26
  • Exterior Walls Type: 0
  • 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: 576
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 43,124
  • Total Building Area: 1,296
  • Building Area: 1,296
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,296
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000990
  • 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: 033101

Zoning

  • Zoning: GR4

Geography

  • District: 422600
  • Section: 46.00
  • Parcel: 422600 46.-2-17
  • Block: 2
  • Lot: 17.000
  • Municipality: PRINCETOWN
  • Latitude: 42.7935
  • Longitude: -74.0535

    Address

  • Full Address: 964 Scotch Ridge Rd
  • Address - House Number: 964
  • Address - Street Name: Scotch Ridge
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: R005
  • 4-Digit Zip Code: 6311
  • Zip Code: 12306

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $611,561
  • Tax Rate Code Area: 422801

    Appraisal Valuation

  • Standard Deviation: 0.1022
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 90
  • Final Value: 277,635
  • High Value: 306,022
  • Low Value: 249,249

    Market Valuation

  • Market Total Value: $268,041
  • Market Land Value: $49,484
  • Market Improvement Value: $218,557

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,000
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $53,000

    Sales

  • Current Sale Contract Date: Feb 26, 2022
  • Current Sale Recording Date: Jan 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 4549
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:

$299,900

Sale Price/ft²

$192

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1965 ft²

Average Home Age

82.7 years

Currently For Sale

338 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: Colleen M Traficante
Miranda Real Estate Group Inc
Last Updated: 3 days ago
Data Source: Global MLS , MLS# 202229558
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 964 Scotch Ridge Road built and last sold?
The property at 964 Scotch Ridge Road was built in 1983 and last sold on Feb 26, 2022 for $270,000.
How much is this home worth?
The estimated value of the home located at 964 Scotch Ridge Road is $269,969.
What are some comparable homes to 964 Scotch Ridge Road?
There are currently no comparable homes to 964 Scotch Ridge Road.
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