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Schenectady 12302
1130 Ridge Road
$300,000
● House - Off Market

1130 Ridge Road

Glenville, NY 12302
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,658 Ft²
$2,053
Est. Monthly
4.08%
Cap Rate

About This Property

Open house canceled. This updated 2-bedroom ranch boasts 1,656 square feet of living space, sitting on a 1.3-acre lot, providing you with a peaceful retreat that's perfect for relaxation and entertaining. As you step inside, there is an inviting open floor plan that flows from room to room. Natural light pours in, creating a warm and welcoming atmosphere. There is plenty of room to add a 3rd bedroom. The kitchen is fully applianced, has ample cabinet space, and a breakfast bar - perfect for staying engaged with family and friends. Step out onto the composite deck with a retaining wall; a tranquil spot to enjoy morning coffee or host unforgettable gatherings.
Unit Size
1,658 Ft²
Days on Market
45 days
Land Size
1.30 acres
Price per sqft
$181
Property Type
House
Property Taxes
$580
HOA Dues
-
Year Built
1955

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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 #202327847)

Price History

Date / Event Date Event Price
Jan 10, 2024 Sold
Premium
Sold
Nov 9, 2023 In contract -
In contract
Nov 6, 2023 Listed by Purdy Realty LLC $299,900
Listed by Purdy Realty LLC
Jan 5, 2017 Sold
Premium
Sold
Mar 8, 2016 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 56,628
  • Lot Size Frontage Feet: 1,120
  • Total Building Area: 1,656
  • Building Area: 1,656
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,656
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001300
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: COM LANDS BK A6LPL8 HLG

Neighborhood

  • School District Name: Scotia-Glenville Central School District
  • School Tax School District: SCOTIA-GLENVILL
  • Census Tract: 032404

Zoning

  • Zoning: RES

Geography

  • Account Number: C10505
  • District: 422289
  • Section: 14.00
  • Parcel: 422289 14.-2-2
  • Block: 2
  • Lot: 2.000
  • Municipality: GLENVILLE (TOV)
  • Latitude: 42.8729
  • Longitude: -73.9913

    Address

  • Full Address: 1130 Ridge Rd
  • Address - House Number: 1130
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: R007
  • 4-Digit Zip Code: 6764
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $689,546
  • Tax Rate Code Area: 422202

    Appraisal Valuation

  • Standard Deviation: 0.1022
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 90
  • Final Value: 312,619
  • High Value: 344,582
  • Low Value: 280,655

    Market Valuation

  • Market Total Value: $263,971
  • Market Land Value: $47,794
  • Market Improvement Value: $216,177

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $179,500
  • Assessed Land Value: $32,500
  • Assessed Improvements Value: $147,000

    Sales

  • Current Sale Contract Date: Dec 21, 2023
  • Current Sale Recording Date: Jan 10, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2365
  • Previous Sale Recording Date: Jan 05, 2017
  • Previous Sale Contract Date: Dec 22, 2016
  • Previous Sale Amount: $108,000
  • 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 Schenectady

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1995 ft²

Average Home Age

82.1 years

Currently For Sale

341 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

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Global MLS

Listed by: Laura Conrad
Purdy Realty LLC
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202327847
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 1130 Ridge Road built and last sold?
The property at 1130 Ridge Road was built in 1955 and last sold on Dec 21, 2023 for $300,000.
How much is this home worth?
The estimated value of the home located at 1130 Ridge Road is $0.
What are some comparable homes to 1130 Ridge Road?
There are currently no comparable homes to 1130 Ridge Road.
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