3 months on rocket

1602 Foster Ave, Schenectady, NY, 12308

$249,900

Home List Price

$2,968*

Closing Credit

4 Bedrooms
2 Full Baths
1,630 SqFt
$153/SqFt
Multi

Location

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1602 Foster Ave, Schenectady$249,900

Buyer Closing Credits

$2,968*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Year Built1900
HeatingForced Air
CoolingWindow Unit(s)
BasementYes
MLS #202423289
Lot Size0.07 Acres
StatusActive

About 1602 Foster Ave

Looking for a rental property with great income potential? Check out 1602 Foster Ave! This property boasts a solid rental income and is part of a portfolio that can be packaged with other houses. Plus, you'll be pleased to know that it comes with one newly replaced furnace and one new water heater, ensuring that your tenants will be comfortable all year round. But that's not all—this property is part of a larger portfolio of five buildings, presenting an incredible investment opportunity. The portfolio includes a mix of residential and commercial properties, all situated in highly desirable locations. Whether you're looking to expand your real estate holdings or seeking a solid investment with excellent growth potential, this portfolio offers diversity and value.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1900
  • Living Area: 1,630 SqFt

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Blake, REALTORS
  • Office Phone: (518) 935-2555
  • Listing Agent: Barry Griggs

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Vinyl, Laminate

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Back Fence, Porch Front, None

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Rt 5 to Nott Terrace. Continue onto Terrace Ln. Left on Nott St. Quick Right onto Foster Av. House on Right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $249,900
  • Price Per SqFt: $153/SqFt

Tax Information:

  • Annual Amount: $796
  • Tax Year: 2020
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Housing Market Comparison

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

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Schenectady, NY

City

Med. Sold Price

$266.4K

Med. Price/SqFt

$173

Avg. Days On Market

18

# of Sold Homes

140

1602 Foster Ave vs Schenectady

97 DAYS ON ROCKET

+79 Days

$249,900

-$16.5K Less

$153/SqFt

-$21 Less

KEY TAKEAWAY

This property is $16.5K less than the Median Sold Price and $21/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: #202423289

Listing Office:

  • Office Name: Berkshire Hathaway HomeServices Blake, REALTORS
  • Office Phone: (518) 935-2555
  • Listing Agent: Barry Griggs

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: 11/17/2024, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 10, 2021Home Sold
$93,000
Dec 09, 2008Home Sold
$12,000

Tax History

YEARPROP. TAXASSESSMENT
2020$796$64,400
2019$3,020$64,400
2018$1,685$16,800
2017$1,654$16,800

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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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-566143
2
/10

  • Yates Elementary School

  • 725 Salina St

  • 0.66 miles

  • Public District Grades PK-5

school-card-donut-566144
4
/10

  • Jesse T. Zoller Elementary School

  • 1880 Lancaster St

  • 1.04 miles

  • Public District Grades PK-5

school-card-donut-566145
2
/10

  • Dr. Martin Luther King Jr. Elementary School

  • 918 Stanley St

  • 1.47 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,537. The most common annual income of people living in Schenectady, NY is less than $35k. Most families are single, no kids. Residents of this area typically 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›12308›1602 Foster Ave

This home is located at 1602 Foster Ave in Schenectady, NY and zip code 12308. This 1,630 square foot home, which was built in 1900, sits on a 0.07 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $249,900.

Over 70 listings were sold over their listed price in October 2024 in Schenectady, NY. In the same period over 45 listings were sold below the listed price and 25 listings were sold for the listed price. The inventory of homes for sale in Schenectady, NY between September 2024 and October 2024 decreased by 9.1%. Listings spent 18 days on the market in October 2024, and had a median list price of $266,498 during the same period.

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

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