$365,000
●
House -
Off Market
16 Forest Drive
Colonie, NY 12205
3 Beds
1 Bath
1,326 Ft²
$1,992
Est. Monthly
About This Property
Step inside to this immaculately kept brick cape in the middle of
the Village of Colonie. Close to all major amenities, this home is
full of natural light. Everything here is new in the last few
years. Beautifully renovated kichen has newer stainless steel
appliances and granite countertops. Other recent updates
include a new roof (21), gutters(21), furance and central air (21),
new electrical service (23), plumbing (23), insulation (23) and
trex decking (23) and a newly paved driveway. This nice size lot
boasts in-ground sprinklers in both the back and front of the
house. The back yard oasis is fully fenced for your outdoor
enjoyment. There is a convenient covered breezeway between the
house and garage. Luxury Vinyl Plank floors throughout (there are
hardwoods underneath). Large tiled bath and shower.
Basement offers flexible area, laundry area and plenty of
storage. South Colonie schools. Nothing to do here but
move in and enjoy!
Unit Size
1,326 Ft²
Days on Market
39 days
Land Size
0.16 acres
Price per sqft
$256
Property Type
House
Property Taxes
$322
HOA Dues
-
Year Built
1950
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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: 8 months ago (Global MLS #202611940)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 23, 2026 | Sold | ||
| Sold | |||
| Feb 16, 2026 | In contract | - | |
| In contract | |||
| Feb 12, 2026 | Listed by Kellie Kieley Realty LLC | $339,900 | |
| Listed by Kellie Kieley Realty LLC | |||
| Sep 12, 2019 | Sold | ||
| Sold | |||
| Jul 15, 2019 | Listed by 518 Realty.Com Inc | $174,900 | |
| Listed by 518 Realty.Com Inc | |||
| | |||
|
Cute as can be solid brick Cape Cod in highly sought after village of Colonie! Very well maintained home with newer windows, new hot water tank (2019), hardwood floors throughout (under carpets), newer central air unit (2011), newer roof (2013). partial B-Dry system in basement. Large bedrooms, fenced yard, covered breezeway connecting house and garage, large living room, the list goes on. A can of paint will make this home shine! Very Good Condition
| |||
Property Highlights
Parking Available
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Colonie
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Listed by: Jacqueline D Geraci
Kellie Kieley Realty LLC
Last Updated: 8 months ago
Data Source: Global MLS , MLS# 202611940
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.
Kellie Kieley Realty LLC
Last Updated: 8 months ago
Data Source: Global MLS , MLS# 202611940
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017