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Colonie 12205
11 RIDGE Terrace
$292,000
● House - Off Market

11 RIDGE Terrace

Colonie, NY 12205
bedrooms
4 Beds
bathrooms
3 Baths
$537,157
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Very Well Maintained Tri-Level Home, Corner Lot, Cul-de-sac, located in the Village of Colonie, Living Rm Vaulted Ceilings,Kitchen w/Dining Rm Area, 3 Baths - Master Bath spa-like, Fireplace in Full Lower Finished Level incl Bar/small Kitchen Area & Laundry Room. Master has Huge Walk-In Closet w/additional storage space-sitting room. 2 Car Garage. Must See This Home To Apprciate the Floor Plan. Call Today!! Excellent Condition
Unit Size
-
Days on Market
-
Land Size
0.26 acres
Price per sqft
-
Property Type
House
Property Taxes
$480
HOA Dues
-
Year Built
2002

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (Global MLS #201419943)

Price History

Date / Event Date Event Price
May 21, 2015 Sold
Premium
Sold
Sep 18, 2014 Listed by Richard G Rosetti Real Estate $299,900
Listed by Richard G Rosetti Real Estate
Mar 15, 2002 Sold
Premium
Sold
Jan 22, 2002 Listed by Richard G Rosetti Real Estate $49,900
Listed by Richard G Rosetti Real Estate

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,228
  • Garage Type: 1
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 3,320
  • Building Area: 3,320
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 3,320
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000260
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-1586 CENTRAL AV E-13 S-35-04

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013901

Zoning

  • Zoning: 42

Geography

  • Account Number: 04101200020310000000
  • District: 012601
  • Section: 41.12
  • Parcel: 012601 41.12-2-31
  • Block: 2
  • Lot: 31.000
  • Municipality: COLONIE
  • Latitude: 42.7138
  • Longitude: -73.8358

    Address

  • Full Address: 11 Ridge Ter
  • Address - House Number: 11
  • Address - Street Name: Ridge
  • Address - Suffix Type: Ter
  • State: NY
  • City Name: Albany
  • Carrier Code: C005
  • 4-Digit Zip Code: 4924
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $676,881
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2111
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 71
  • Final Value: 425,453
  • High Value: 515,293
  • Low Value: 335,612

    Market Valuation

  • Market Total Value: $343,100
  • Market Land Value: $85,873
  • Market Improvement Value: $257,227

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $175,000
  • Assessed Land Value: $43,800
  • Assessed Improvements Value: $131,200

    Sales

  • Current Sale Contract Date: May 08, 2015
  • Current Sale Recording Date: May 21, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11838742
  • Previous Sale Recording Date: Mar 15, 2002
  • Previous Sale Contract Date: Mar 15, 2002
  • Previous Sale Amount: $49,900
  • 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 Colonie

Stats & Trends

Median Asking:

$337,000

Sale Price/ft²

$248

Above Asking

0.00%

Average Days on Market

54

Average Home Size

1332 ft²

Average Home Age

74 years

Currently For Sale

10 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

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Global MLS

Listed by: Cindra Windover
Richard G Rosetti Real Estate
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201419943
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 11 Ridge Terrace built and last sold?
The property at 11 Ridge Terrace was built in 2002 and last sold on May 8, 2015 for $303,000.
How much is this home worth?
The estimated value of the home located at 11 Ridge Terrace is $302,899.
What are some comparable homes to 11 Ridge Terrace?
There are currently no comparable homes to 11 Ridge Terrace.
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