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Rensselaer 12033
20 Timber Ledge
$495,000
● House - Off Market

20 Timber Ledge

Schodack, NY 12061
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
$475,000
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Welcome home! This 2,600+ sqft 4 bedroom 2.5 bath salt box colonial is situated on over an acre of land in the East Greenbush School District. It has the best of both worlds with a private yard in a neighborhood perfect for walking, running, and biking. Generously sized rooms, lots of natural light, hardwood floors and soapstone countertops. A wood burning fireplace and a Jotul gas stove. With two family rooms, there's plenty of space to work from home or make a 5th bedroom on the 1st floor. Solar panels keep your electric bill low. A unique corner lot with established perennial gardens, a vegetable and herb garden, raspberries, unique flowering trees and an expansive deck with a pergola to enjoy your fenced in yard.  Easy commute to Albany or Troy. Minutes from Empire Trail and shopping.
Unit Size
-
Days on Market
-
Land Size
1.19 acres
Price per sqft
-
Property Type
House
Property Taxes
$832
HOA Dues
-
Year Built
1986

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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 #202325183)

Price History

Date / Event Date Event Price
Nov 20, 2023 Sold
Premium
Sold
Sep 26, 2023 In contract -
In contract
Sep 21, 2023 Listed by Coldwell Banker Prime Prop. $475,000
Listed by Coldwell Banker Prime Prop.
Sep 14, 2004 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 17
  • 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: 528
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 51,836
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,556
  • Building Area: 2,556
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,556
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001190
  • Standard Land Use Code: 1001
  • County Land Use Code: 210

Neighborhood

  • School District Name: East Greenbush Central School District
  • School Tax School District: EAST GREENBUSH
  • Census Tract: 052501

Zoning

  • Zoning: R-20

Geography

  • Account Number: 325J119240
  • District: 384489
  • Section: 177.16
  • Parcel: 384489 177.16-1-14
  • Block: 1
  • Lot: 14.000
  • Municipality: SCHODACK (TOV)
  • Latitude: 42.5772
  • Longitude: -73.697

    Address

  • Full Address: 20 Timber Ledge
  • Address - House Number: 20
  • Address - Street Name: Timber Ledge
  • State: NY
  • City Name: East Greenbush
  • Carrier Code: C004
  • 4-Digit Zip Code: 2713
  • Zip Code: 12061

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,209,170
  • Tax Rate Code Area: 382401

    Appraisal Valuation

  • Standard Deviation: 0.1124
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 88
  • Final Value: 500,162
  • High Value: 556,385
  • Low Value: 443,939

    Market Valuation

  • Market Total Value: $441,204
  • Market Land Value: $98,729
  • Market Improvement Value: $342,475

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $329,800
  • Assessed Land Value: $73,800
  • Assessed Improvements Value: $256,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 13, 2023
  • Current Sale Recording Date: Nov 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2023635163
  • Previous Sale Recording Date: Sep 14, 2004
  • Previous Sale Contract Date: Aug 27, 2004
  • Previous Sale Amount: $300,000
  • Previous Sale Document Type: 27

    Financing

  • First Mortgage Financing Type: ADJ
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 Rensselaer

Stats & Trends

Median Asking:

$299,900

Sale Price/ft²

$196

Below Asking

0.02%

Average Days on Market

66

Average Home Size

2268 ft²

Average Home Age

96.4 years

Currently For Sale

343 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 578 Columbia Turnpike Drive, East Greenbush, NY, 12061

$2,367 /mo

  • 2 Beds
  • 1 Bath
  • 1,106 ft²
578 Columbia Turnpike Drive #408, East Greenbush, NY, 12061 Listing by Nicole Blanchette

Rentals Near You

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

Listed by: Michael Keefrider
Coldwell Banker Prime Prop.
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202325183
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 20 Timber Ledge built and last sold?
The property at 20 Timber Ledge was built in 1986 and last sold on Nov 13, 2023 for $495,000.
How much is this home worth?
The estimated value of the home located at 20 Timber Ledge is $0.
What are some comparable homes to 20 Timber Ledge?
There are currently no comparable homes to 20 Timber Ledge.
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