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Albany 12211
12 Chatham Circle
$1,250,000
● House - Off Market

12 Chatham Circle

Colonie, NY 12211
bedrooms
5 Beds
bathrooms
5 Baths, 1 Half Bath
$8,007
Est. Monthly
$220
HOA / Fees
2.26%
Cap Rate

About This Property

Exquisite 5-bedroom, 4.5-bath custom luxury home situated on a cul-de-sac with beautiful views in the desirable East Hills neighborhood. Beautifully designed and crafted, this home features 10-foot ceilings, abundant natural light, and detailed craftsmanship throughout. The gourmet kitchen boasts a grand island and ample cabinetry. The stunning living and dining rooms are perfect for entertaining. A first-floor guest bedroom suite, office, and mudroom add to this home's appeal. The second level features a luxurious primary bedroom suite, plus an additional 3 bedrooms, each with its own bath. Enjoy your backyard oasis with a built-in gas grill, firepit, and hot tub, ideal for outdoor entertaining. Fabulous location in North Colonie schools, just moments away from shopping and dining.
Unit Size
-
Days on Market
-
Land Size
0.47 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,771
HOA Dues
$220
Year Built
2014

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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: 3 years ago (Global MLS #202422180)

Price History

Date / Event Date Event Price
Sep 25, 2024 Sold
Premium
Sold
Jul 29, 2024 In contract -
In contract
Jul 26, 2024 Listed by KW Platform $1,225,000
Listed by KW Platform
Jul 17, 2020 Sold
Premium
Sold
Apr 30, 2020 Sold
Premium
Sold
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2014
  • Effective Year Built: 2014
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 746
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,473
  • Total Building Area: 4,554
  • Building Area: 4,554
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,554
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EAST RIDGE SUBDIVISION AMENDMENT
  • Land Acres: 0000000470
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: SCHUYLER LANDING PHASE II

Neighborhood

  • School District Name: North Colonie Central School District
  • School Tax School District: NORTH COLONIE
  • Census Tract: 013604

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 04400100020980000000
  • District: 012689
  • Section: 44.01
  • Parcel: 012689 44.1-2-98
  • Block: 2
  • Lot: 98.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7206
  • Longitude: -73.7365

    Address

  • Full Address: 12 Chatham Cir
  • Address - House Number: 12
  • Address - Street Name: Chatham
  • Address - Suffix Type: Cir
  • State: NY
  • City Name: Albany
  • Carrier Code: C013
  • 4-Digit Zip Code: 2629
  • Zip Code: 12211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,187,139
  • Tax Rate Code Area: 012605

    Appraisal Valuation

  • Standard Deviation: 0.4572
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 8
  • Final Value: 654,402
  • High Value: 953,597
  • Low Value: 355,206

    Market Valuation

  • Market Total Value: $1,010,000
  • Market Land Value: $252,549
  • Market Improvement Value: $757,451

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $515,100
  • Assessed Land Value: $128,800
  • Assessed Improvements Value: $386,300

    Sales

  • Current Sale Contract Date: Apr 22, 2020
  • Current Sale Recording Date: Apr 30, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2020-08270
  • Previous Sale Recording Date: Jan 28, 2015
  • Previous Sale Contract Date: Jan 23, 2015
  • Previous Sale Amount: $954,000
  • 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:

$330,000

Sale Price/ft²

$209

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2233 ft²

Average Home Age

91.7 years

Currently For Sale

579 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 13 Laurel Drive, Loudonville, NY, 12211

$4,200 /mo

  • 5 Beds
  • 5 Baths
  • 3,417 ft²
13 Laurel Drive, Loudonville, NY, 12211 Listing by Binglin Li

Rentals Near You

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

Listed by: Marion DeSantis
KW Platform
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202422180
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 12 Chatham Circle built and last sold?
The property at 12 Chatham Circle was built in 2014 and last sold on Apr 22, 2020 for $1,275,000.
How much is this home worth?
The estimated value of the home located at 12 Chatham Circle is $1,237,250.
What are some comparable homes to 12 Chatham Circle?
There are currently no comparable homes to 12 Chatham Circle.
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