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!
Hamilton Hill & Vale, located between Downtown Schenectady and Central Park, is a residential and historic Schenectady neighborhood with hillside streets and a mix of brick rowhouses and wood-frame homes. The neighborhood’s character concentrates around the Union Street corridor near Nott Terrace, where corner storefronts, takeout counters, and long-running local services set a steady, lived-in rhythm. Stockade Association events and walking tours tie the area to Schenectady’s oldest streetscapes, while nearby Proctors anchors the city’s performing-arts calendar. Architecture shifts from compact city blocks to larger lots as the terrain rises toward Vale Park. Sidewalk routes connect to Mohawk Harbor’s waterfront paths and the Erie Canalway Trail. Daily life centers on parks, stoops, and small commercial strips rather than big-box retail.
Provided by Walk Score and Local Logic
Offer insights
556 Summit Ave · $165,000
$167K and above
75% chance or better to win
Why $167K+ is a strong offer
DAYS ON MARKET
11 days
The average home goes pending in 43 days.
SALE-TO-LIST
100.0%
Most homes are selling 0% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Interior features
High-speed internet
Radon mitigation system
6 total rooms
Low emissivity windows
Window screens and blinds
Egress window
ENERGY STAR qualified windows
Bedrooms
Three bedrooms on the second floor
Bathrooms
One full bathroom on the second floor
One half bathroom on the first floor
Kitchen
Dishwasher
Range
Range hood
Refrigerator
Instant hot water
ENERGY STAR qualified appliances
Tankless water heater
Laundry & utility
Washer hookup
Electric dryer hookup
Laundry closet on upper level
Flooring
Carpet
Linoleum
Heating & cooling
Ductless heating
Electric heating
Heat pump
Ductless cooling
Exterior features
Paved driveway
Shingle roof
Home design
Townhouse
New construction
Concrete perimeter and permanent foundation; slab included
Parking
Two parking spaces
Security
Carbon monoxide detectors
Fire alarm
Construction
Drywall and vinyl siding exterior
Utilities
Public water
Public sewer
Cable available
Electricity and solar
View estimated energy costs and solar savings for this home
The Single-Family Residential R-1 District is intended to maintain the residential quality and desirability of areas characterized primarily by owner-occupied single-family detached dwellings and, where suitable, to provide areas for single-family residential development.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Educational/school
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 96° expected this year, 16 days in 30 years
2/10 Wind Factor
4% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Schenectady, NY • 12307
Average low and high temperatures (°F)
29
17
32
18
50
30
60
40
68
50
80
60
85
65
82
59
77
54
64
44
48
34
34
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Redfin Estimate for 556 Summit Ave
$165,802
$802 over list price of $165K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $165K to $230K.