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Warren 12804
1012 Ridge Road
$150,000
● House - Off Market

1012 Ridge Road

Queensbury, NY 12804
bedrooms
3 Beds
bathrooms
1 Bath
$1,087
Est. Monthly
17.60%
Cap Rate

About This Property

Great investor or 203K  project. Huge 1.63 lot

which offers wonderful privacy in the back. This home was built with care and quality.

The neighborhood is excellent! There is an additional parcel available with it totalling aprox 5 acres included in the price.
Unit Size
-
Days on Market
-
Land Size
1.63 acres
Price per sqft
-
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1961

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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 #202418616)

Price History

Date / Event Date Event Price
Nov 1, 2024 Sold
Premium
Sold
Aug 22, 2024 In contract -
In contract
Aug 13, 2024 Relisted $144,900
Relisted
Aug 2, 2024 In contract -
In contract
Jul 25, 2024 Relisted $144,900
Relisted
Show More

Property Highlights

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 748
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 71,003
  • Lot Size Depth Feet: 2,000
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 1,072
  • Building Area: 1,072
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,072
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001630
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: RES. 203.32'RF 54.-1-16

Neighborhood

  • School District Name: Queensbury Union Free School District
  • School Tax School District: QUEENSBURY
  • Census Tract: 070603

Zoning

  • Zoning: MDR

Geography

  • District: 523400
  • Section: 290.10
  • Parcel: 523400 290.10-1-25
  • Block: 1
  • Lot: 25.000
  • Municipality: QUEENSBURY
  • Latitude: 43.3684
  • Longitude: -73.6253

    Address

  • Full Address: 1012 Ridge Rd
  • Address - House Number: 1012
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Queensbury
  • Carrier Code: H001
  • 4-Digit Zip Code: 6911
  • Zip Code: 12804

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $345,004
  • Tax Rate Code Area: 523402

    Appraisal Valuation

  • Standard Deviation: 0.2525
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 64
  • Final Value: 225,135
  • High Value: 281,983
  • Low Value: 168,288

    Market Valuation

  • Market Total Value: $179,300
  • Market Land Value: $69,532
  • Market Improvement Value: $109,768

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $152,400
  • Assessed Land Value: $59,100
  • Assessed Improvements Value: $93,300

    Sales

  • Current Sale Contract Date: Dec 18, 2014
  • Current Sale Recording Date: Feb 11, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
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 Warren

Stats & Trends

Median Asking:

$379,000

Sale Price/ft²

$235

Below Asking

0.02%

Average Days on Market

63

Average Home Size

2076 ft²

Average Home Age

56.1 years

Currently For Sale

419 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: Pamela Worobey
Brookrock Realty LLC
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202418616
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 1012 Ridge Road built and last sold?
The property at 1012 Ridge Road was built in 1961 and last sold on Dec 18, 2014 for $2,500.
How much is this home worth?
The estimated value of the home located at 1012 Ridge Road is $0.
What are some comparable homes to 1012 Ridge Road?
There are currently no comparable homes to 1012 Ridge Road.
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