For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Albany 12205
1 IRIS Lane
$228,000
● House - Off Market

1 IRIS Lane

Colonie, NY 12205
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,842 Ft²
$305,034
RealtyHop Estimate
29.86%
Since Feb 1, 2021
National-US
Primary Model

About This Property

Location, Location, Location!!  This Marini built Cape Cod with wraparound driveway, mature tree's and fenced yard is a hidden gem.  Cozy up in living room and enjoy a fire or entertain family & friends in the sprawling backyard.  Tons of potential on the inside.  Close to EVERYTHING - shopping, restaurants, all major roadways!!  Make this your home!  Taxes w/out exemption. Very Good Condition
Unit Size
1,842 Ft²
Days on Market
159 days
Land Size
-
Price per sqft
$128
Property Type
House
Property Taxes
$423
HOA Dues
-
Year Built
1956

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 8 months ago (Global MLS #202026043)

Price History

Date / Event Date Event Price
Jan 27, 2021 Sold
Premium
Sold
Aug 21, 2020 Listed by Albany Realty Group LLC $234,900
Listed by Albany Realty Group LLC
Jul 29, 2009 Sold
Premium
Sold
Jan 13, 2009 Listed by Albany Realty Group LLC $239,900
Listed by Albany Realty Group LLC
Jan 18, 2006 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 322
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 1,842
  • Building Area: 1,842
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,842
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-332 E-328 S-3-43

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 014001

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 04201500010540000000
  • District: 012689
  • Section: 42.15
  • Parcel: 012689 42.15-1-54
  • Block: 1
  • Lot: 54.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7057
  • Longitude: -73.8023

    Address

  • Full Address: 1 Iris Ln
  • Address - House Number: 1
  • Address - Street Name: Iris
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Albany
  • Carrier Code: C025
  • 4-Digit Zip Code: 2946
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $535,167
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2473
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 312,597
  • High Value: 389,904
  • Low Value: 235,291

    Market Valuation

  • Market Total Value: $241,200
  • Market Land Value: $60,398
  • Market Improvement Value: $180,802

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $123,000
  • Assessed Land Value: $30,800
  • Assessed Improvements Value: $92,200

    Sales

  • Current Sale Contract Date: Jul 14, 2009
  • Current Sale Recording Date: Jul 29, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10461804
  • Previous Sale Recording Date: Jan 18, 2006
  • Previous Sale Contract Date: Jan 13, 2005
  • Previous Sale Amount: $216,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Albany

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$210

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2246 ft²

Average Home Age

94.5 years

Currently For Sale

701 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Global MLS

Listed by: Patrick R Bergeron
Albany Realty Group LLC
Last Updated: 8 months ago
Data Source: Global MLS , MLS# 202026043
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1 Iris Lane built and last sold?
The property at 1 Iris Lane was built in 1956 and last sold on Jul 14, 2009 for $235,000.
How much is this home worth?
The estimated value of the home located at 1 Iris Lane is $0.
What are some comparable homes to 1 Iris Lane?
There are currently no comparable homes to 1 Iris Lane.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Colonie Homes for Sale
Colonie Houses for Sale
Colonie Condos for Sale
Colonie Townhouses for Sale
Colonie Multifamily for Sale
Colonie Land for Sale
Colonie Commercial for Sale
Colonie Homes with Basements
Nearby Cities
Albany Homes for Sale
Schenectady Homes for Sale
Rotterdam Homes for Sale
Troy Homes for Sale
Scotia Homes for Sale
Cohoes Homes for Sale
East Glenville Homes for Sale
Niskayuna Homes for Sale
Nearby Property Records
Albany County, NY Property Records
Rensselaer County, NY Property Records
Schenectady County, NY Property Records
Saratoga County, NY Property Records
Columbia County, NY Property Records
Greene County, NY Property Records
Montgomery County, NY Property Records
Schoharie County, NY Property Records
Neighborhoods
Campus Area Real Estate
Delaware Avenue Real Estate
Buckingham Lake - Crestwood Real Estate
Pine Hills Real Estate
Whitehall Real Estate
Helderberg Real Estate
New Scotland Real Estate
Center Square Real Estate
Nearby Counties
Albany Homes for Sale
Clifton Park Homes for Sale
Schenectady Homes for Sale
Bethlehem Homes for Sale
Glenville Homes for Sale
Rotterdam Homes for Sale
Niskayuna Homes for Sale
Guilderland Homes for Sale
Top Real Estate Agents
Top Agents in Colonie
Top Agents in Albany
Top Agents in Albany
Top Agents in 12065
Top Agents in Clifton Park
Top Agents in Schenectady
Top Agents in Schenectady
Top Agents in 12309