2 months on rocket

1491 Broadway, Schenectady, NY, 12306

$85,000

Home List Price

$1,009*

Closing Credit

5 Bedrooms
2 Full Baths
2,072 SqFt
$41/SqFt
Multi

Location

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1491 Broadway, Schenectady$85,000

Buyer Closing Credits

$1,009*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1900
HeatingNone
CoolingNone
BasementYes
MLS #202426373
Lot Size0.06 Acres
StatusActive

About 1491 Broadway

City of Schenectady owned. Ready for your winter project? Just over 2000 square feet waiting to be revived. Rents have never been higher, mortgage rates are dropping. This house puts you on a major artery and close to the highway, making your commute that much easier! You will need to bring some help on this one, but after repair values are in the 250's if the work is excellent. Schenectady is in the midst of it's revitalization and inventory is hard to come by. Reserve amount not set by city at this moment. You must create a scope of work, splitting each major line item into labor and materials. You must have your offer amount and the grand total of your quote available to make the offer. Remember you must use Schenectady licensed plumbers and electricians.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1900
  • Living Area: 2,072 SqFt

Listing Office:

  • Office Name: Thomas P Moore
  • Office Phone: (518) 894-7768
  • Listing Agent: David Kellogg

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: None

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • Directions: take exit 5 off of 890. turn away from downtown Schenectady towards Rotterdam. After the pizza and donut shop, property is on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $85,000
  • Price Per SqFt: $41/SqFt

Tax Information:

  • Annual Amount: $5,166
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Schenectady, NY.

Med. Sold Price

$267.6K

Med. Price/SqFt

$175

Avg. Days On Market

28

# of Sold Homes

125

1491 Broadway vs Schenectady

81 DAYS ON ROCKET

+53 Days

$85,000

-$182.6K Less

$41/SqFt

-$134 Less

KEY TAKEAWAY

This property is $182.6K less than the Median Sold Price and $134/SqFt less than other homes in Schenectady, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Global MLS
  • MLS Number: #202426373

Listing Office:

  • Office Name: Thomas P Moore
  • Office Phone: (518) 894-7768
  • Listing Agent: David Kellogg

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Copyright © 2024 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 12/17/2024, 11:21:04 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,166$92,800
2019$4,204$92,800
2018$4,250$92,800
2017$2,293$92,800

History based on county public records data.

Payment Calculator

$492

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$321

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4266366
1
/10
  • Hamilton Elementary School

  • 1091 Webster St

  • 0.58 miles

  • Public District Grades PK-5

school-card-donut-4266367
3
/10
  • Van Corlaer Elementary School

  • 2310 Guilderland Ave

  • 0.85 miles

  • Public District Grades PK-5

school-card-donut-4266368
3
/10
  • Pleasant Valley Elementary School

  • 1097 Forest Rd

  • 0.86 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,250. Most Schenectady, NY residents have annual incomes less than $35k. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Schenectady, NY

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What type of housing is available in Schenectady, NY?

Schenectady's housing market is diverse, offering a range of options from historic colonial homes to contemporary apartments. Single-family homes are prevalent, reflecting the city's rich history with classic Victorian and Dutch Colonial styles. The housing stock also includes a selection of multi-family residences and condos, providing alternatives for various lifestyle needs. The homeownership rate in Schenectady is substantial, with a significant portion of residents owning their homes, while the remainder are part of the rental market.

Is Schenectady, NY a good place to live?

Schenectady prides itself on a vibrant community spirit and a rich cultural heritage. The city's character is defined by its historical architecture, local arts scene, and community events that bring residents together. Schenectady is celebrated for its annual festivals and the weekly farmers' market that showcases local produce and crafts, contributing to the city's unique charm and sense of togetherness.

Are things conveniently located in Schenectady, NY?

The community is served by a robust educational system, including several public schools that cater to students from kindergarten through high school, as well as private educational options. Healthcare services are accessible, with a local hospital providing emergency care and specialized medical treatments. The city's public library system supports lifelong learning with a range of programs and resources. Retail and dining establishments reflect Schenectady's diverse culture, offering both local and international cuisine, along with shopping experiences that range from small boutiques to larger retail centers.

What does the transportation in Schenectady, NY look like?

Transportation in Schenectady features a mix of public transit options, with bus services connecting various neighborhoods and facilitating access to the wider region. The city's layout supports a degree of walkability, particularly in the downtown area, which is also bike-friendly. Major roads and highways are easily accessible, making commuting and travel convenient for residents. The city is continually working to improve transportation infrastructure to enhance connectivity and reduce congestion.

Rocket Homes›New York›Schenectady County›Schenectady›12306›1491 Broadway

This home is located at 1491 Broadway in Schenectady, NY and zip code 12306. This 2,072 square foot home, which was built in 1900, sits on a 0.06 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 27, 2024 and is currently priced at $85,000.

In November 2024 more than 60 listings in Schenectady, NY were sold above the asking price. During the same period more than 17 listings were sold at asking price, while more than 48 were sold below. The number of homes for sale in Schenectady, NY decreased by 24.1% between October 2024 and November 2024. While the average time on the market in November 2024 was 28 days, the median list price was $267,607.

From Rocket Homes Real Estate and based on county public records data.

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