500 Summit Avenue, Schenectady, NY, 12307
About This Home
This newly constructed townhome, offered through the Affordable Homeownership Opportunity Program (AHOP), provides a modern and affordable path to homeownership for moderate-income first-time buyers. Designed with contemporary finishes and quality craftsmanship, the home offers both comfort and style at a budget-conscious price making it an ideal choice for those seeking long-term stability and equity in a growing community. Let us help you get into your dream home! This home is currently under construction and slated to be finished by the end of the Month (April). Pictures are what the home will look like.
Getting Around
Very Walkable
Some Transit
BikeableSchools
Construction
Condition
- New construction: Yes
- Year built: 2026
Materials
- Foundation: Concrete Perimeter,Permanent,Slab
- Roof: Shingle
- Construction materials: Drywall,Vinyl Siding
Type & Style
- Home type: Townhouse
- Property subType: Townhouse,Residential
Interior
Appliances
- Appliances included: Dishwasher,ENERGY STAR Qualified Appliances,Instant Hot Water,Range,Range Hood,Tankless Water Heater
- Laundry features: Electric Dryer Hookup,Laundry Closet,Upper Level,Washer Hookup
Basement
- Has basement: Yes
- Basement: Crawl Space,Unfinished
Bedroom
- Level: Second
Bedroom
- Level: Second
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Dining Room
- Level: First
Features
- High Speed Internet,Radon System,Eat-in Kitchen,Kitchen Island
- Window features: Low Emissivity Windows,Screens,Blinds,Egress Window,ENERGY STAR Qualified Windows
- Flooring: Carpet,Linoleum
- Finished area below ground: 0
- Finished area above ground: 1,200
Heating & Cooling
- Heating features: Ductless,Electric,Heat Pump
- Cooling features: Ductless
Interior Area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
Kitchen
- Level: First
Living Room
- Level: First
Property
Details
- Parcel number: 49.24221.1
- Special condition: Third Party Approval
Features
- Has view: Yes
- View description: Skyline,Trees/Woods
Lot
- Lot size: 3,049 sqft
- Features: Cleared,Landscaped
Parking
- Total spaces: 2
- Parking features: Off Street,Paved,Driveway
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters in Schenectady County and New York
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $702 | $8,424 |
| Home Insurance * | $106 | $1,272 |
| Property Taxes | $245 | $2,940 |
| Electricity | $246 | $2,954 |
| Total | $1,299 | $15,588 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-04 | Listed for sale | $139,000 |
View on Zillow