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Albany 12304
11 St Thomas Lane
$410,000
● House - Off Market

11 St Thomas Lane

Colonie, NY 12304
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,703 Ft²
$2,396
Est. Monthly
7.15%
Cap Rate

About This Property

MOVE-IN READY 4BR, 1.5BA home in South Colonie School District on a quiet dead-end street! Inside, natural light floods the living room with a bay window, flowing into the formal dining room and updated kitchen featuring granite counters, stainless steel appliances, and hardwood floors. Updated1/2 bath, generous size bedrooms for everyone. The lower-level family room has  direct yard access to enjoy your private backyard oasis with an in-ground pool and spacious covered patio-perfect for entertaining. 3 year old roof and attached garage round out this gem! Schedule a showing today!
Unit Size
1,703 Ft²
Days on Market
42 days
Land Size
0.28 acres
Price per sqft
$226
Property Type
House
Property Taxes
$505
HOA Dues
-
Year Built
1968

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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 #202522944)

Price History

Date / Event Date Event Price
Sep 12, 2025 Sold
Premium
Sold
Aug 7, 2025 In contract -
In contract
Aug 1, 2025 Listed by CM Fox Real Estate $385,000
Listed by CM Fox Real Estate
Dec 5, 2022 Sold
Premium
Sold
Sep 29, 2022 Listed by CM Fox Real Estate $324,900
Listed by CM Fox Real Estate
Show More

Property Highlights

Garage
Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 806
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,972
  • Building Area: 1,972
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 10
  • Heated Square Feet: 1,972
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 11 N-9 E-ST THOM LA S-96-23

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013803

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 01600400040290000000
  • District: 012689
  • Section: 16.04
  • Parcel: 012689 16.4-4-29
  • Block: 4
  • Lot: 29.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7527
  • Longitude: -73.8804

    Address

  • Full Address: 11 St Thomas Ln
  • Address - House Number: 11
  • Address - Street Name: St Thomas
  • Address - Suffix Type: Ln
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C013
  • 4-Digit Zip Code: 4595
  • Zip Code: 12304

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $556,516
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2729
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 60
  • Final Value: 371,283
  • High Value: 472,630
  • Low Value: 269,937

    Market Valuation

  • Market Total Value: $259,800
  • Market Land Value: $64,901
  • Market Improvement Value: $194,899

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $132,500
  • Assessed Land Value: $33,100
  • Assessed Improvements Value: $99,400

    Sales

  • Current Sale Contract Date: Nov 29, 2022
  • Current Sale Recording Date: Dec 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 28138
  • Previous Sale Recording Date: Nov 08, 2017
  • Previous Sale Contract Date: Nov 08, 2017
  • Previous Sale Amount: $278,000
  • 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:

$329,999

Sale Price/ft²

$210

Below Asking

0.01%

Average Days on Market

60

Average Home Size

2246 ft²

Average Home Age

93.1 years

Currently For Sale

749 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 616 Lois Lane, Schenectady, NY, 12304

$2,300 /mo

  • 2 Beds
  • 2 Baths
  • 1,500 ft²
616 Lois Lane, Schenectady, NY, 12304 Listing by Diane M VanAlstyne

Rentals Near You

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

Listed by: Jamie M Mazuryk
CM Fox Real Estate
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202522944
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 St Thomas Lane built and last sold?
The property at 11 St Thomas Lane was built in 1968 and last sold on Nov 29, 2022 for $341,000.
How much is this home worth?
The estimated value of the home located at 11 St Thomas Lane is $0.
What are some comparable homes to 11 St Thomas Lane?
There are currently no comparable homes to 11 St Thomas Lane.
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