MUST SELL. Buy this mixed-use 6-unit for only $160,000 and get a 17.3 cap as-is. Renovate it and make the numbers shine. Great for a savvy investor with a good eye for upside potential. Address: 855-859 Crane St. Schenectady, NY 12303 Unit mix: (2) 2BD/1BA + (2) 1BD/1BA + (2) retail spaces Rent Roll: $45,600 Total Operating Expenses: $17,910 Net Operating Income: $27,690 2017 Market Value: $177,000 2017 Assessed Value: $216,000 Asking Price: $160,000 Cap Rate: 17.3% Brokers protected: 2%

Real Estate Market Activity

Recently sold Rotterdam, Schenectady homes

Sold 02/09/2018 for $610,000
5 beds, 4.0 baths, 3,937 sq ft
Sold 02/08/2018 for $84,000
3 beds, 1.0 baths, 1,077 sq ft
Sold 01/30/2018 for $158,500
3 beds, 2.0 baths, 1,398 sq ft
Sold 01/26/2018 for $262,800
3 beds, 2.0 baths, 2,159 sq ft
Sold 01/22/2018 for $122,000
3 beds, 1.0 baths, 1,400 sq ft
Sold 01/22/2018 for $352,500
4 beds, 3.0 baths, 2,224 sq ft
Sold 01/18/2018 for $191,500
3 beds, 2.0 baths, 1,715 sq ft
Sold 01/12/2018 for $90,000
5 beds, 2.0 baths, 2,197 sq ft
Sold 01/10/2018 for $119,000
4 beds, 2.0 baths, 1,400 sq ft
Sold 01/10/2018 for $245,000
4 beds, 2.5 baths, 2,237 sq ft
See Rotterdam, Schenectady real estate and homes for sale
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Real Estate Market Stats

Zillow Home Value Index: $167,400

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $167,400 $206,300
Median Single Family Home Value $167,500 $204,700
Median 2-Bedroom Home Value $142,800 $162,700
Median 3-Bedroom Home Value $158,100 $200,400
Median 4-Bedroom Home Value $255,300 $325,200
Percent Homes Decreasing 24.8% 21.9%
Median List Price Per Sq Ft $124 $130
Median Sale Price $149,900 $229,200
Property Tax $5,286 $2,147
Turnover (Sold Within Last Yr.) 3.4% 2.9%
1-Yr. Change 0.4% 6.5%

Walk Score

What the Locals Think

Score: out of 10

Location