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Albany 12211
10 Tower Heights
$405,000
● House - Off Market

10 Tower Heights

Colonie, NY 12211
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,872 Ft²
$2,433
Est. Monthly
4.45%
Cap Rate

About This Property

Three bed two full bath, raised ranch in the South Colonie school district (Shaker Road Elementary). Updated kitchen opens to the dining area with breakfast bar and stainless appliances. Eat in area offers access to the rear deck via sliding door. Three bedrooms upstairs and a lower level that has a huge family room W/ wood fireplace

Located in one of the best neighborhoods in all of Colonie close to the crossings with close access to shopping and restaurants.
Unit Size
1,872 Ft²
Days on Market
44 days
Land Size
0.39 acres
Price per sqft
$214
Property Type
House
Property Taxes
$469
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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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: 2 years ago (Global MLS #202521298)

Price History

Date / Event Date Event Price
Aug 22, 2025 Sold
Premium
Sold
Jul 12, 2025 In contract -
In contract
Jul 9, 2025 Listed by Field Realty $399,900
Listed by Field Realty
Nov 16, 2005 Sold
Premium
Sold
Jun 17, 2005 Listed by Field Realty $215,000
Listed by Field Realty

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 624
  • Garage Type: 17
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,988
  • Total Building Area: 1,872
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 10 N-8 E-12 S-16-77

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013707

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 04300100060250000000
  • District: 012689
  • Section: 43.01
  • Parcel: 012689 43.1-6-25
  • Block: 6
  • Lot: 25.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7125
  • Longitude: -73.7758

    Address

  • Full Address: 10 Tower Hts
  • Address - House Number: 10
  • Address - Street Name: Tower
  • Address - Suffix Type: Hts
  • State: NY
  • City Name: Albany
  • Carrier Code: C012
  • 4-Digit Zip Code: 1530
  • Zip Code: 12211

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $472,702
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.244
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 336,862
  • High Value: 419,087
  • Low Value: 254,638

    Market Valuation

  • Market Total Value: $245,100
  • Market Land Value: $61,177
  • Market Improvement Value: $183,923

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,000
  • Assessed Land Value: $31,200
  • Assessed Improvements Value: $93,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 14, 2005
  • Current Sale Recording Date: Nov 16, 2005
  • Current Sale Price:
    Premium
  • Current 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

$208

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2273 ft²

Average Home Age

91.4 years

Currently For Sale

537 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

Unit for rent at 42 Oakwood Drive, Colonie, NY, 12205

$2,000 /mo

  • 2 Beds
  • 1 Bath
  • 825 ft²
42 Oakwood Drive, Colonie, NY, 12205 Listing by Bryan Gautie

Rentals Near You

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

Listed by: Michael J Field
Field Realty
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202521298
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 10 Tower Heights built and last sold?
The property at 10 Tower Heights was built in 1971 and last sold on Nov 14, 2005 for $210,000.
How much is this home worth?
The estimated value of the home located at 10 Tower Heights is $0.
What are some comparable homes to 10 Tower Heights?
There are currently no comparable homes to 10 Tower Heights.
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