For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Albany 12309
216 Shaker Ridge Drive
Photo of 216 Shaker Ridge Drive
Sold on Dec 8, 2023

1

Map

$567,000
● House - Off Market

216 Shaker Ridge Drive

Colonie, NY 12309
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,359 Ft²
$3,568
Est. Monthly
2.35%
Cap Rate

About This Property

This stunning 3 bedroom, 2.5 bath, is perfect for entertaining, with plenty of space for both indoor and outdoor gatherings.   The kitchen features a center island and breakfast nook with quartz counters and a double sided gas fireplace that also opens into the living room. Showers will never be the same in the master bath, x-large walk in with dual shower heads. The 4 season room with hot tub leads to out to your own personal retreat,  a backyard haven, is a true highlight, with its heated pool, pond, waterfall, outdoor kitchen with grill & fridge and a fire pit area. Let's not forget the family game room and wet bar! You'll never want to leave home!

Generator to keep your home operatonal 24/7. Niskayuna Schools - Town of Colonie.
Unit Size
2,359 Ft²
Days on Market
57 days
Land Size
0.36 acres
Price per sqft
$239
Property Type
House
Property Taxes
$794
HOA Dues
-
Year Built
1992

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 7 days ago (Global MLS #202326471)

Price History

Date / Event Date Event Price
Dec 8, 2023 Sold
Premium
Sold
Oct 19, 2023 In contract -
In contract
Oct 12, 2023 Listed by CM Fox Real Estate $564,900
Listed by CM Fox Real Estate
Jul 22, 2020 Sold
Premium
Sold
May 11, 2020 Listed by CM Fox Real Estate $439,900
Listed by CM Fox Real Estate
Show More

Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 4
  • 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: 465
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 10

    Dimensions

  • Lot Size Square Feet: 15,682
  • Total Building Area: 2,071
  • Building Area: 2,071
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,071
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-218 SHAKER RGD E-SHAKER

Neighborhood

  • School District Name: Niskayuna Central School District
  • Census Tract: 013703

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 01700200060290000000
  • District: 012689
  • Section: 17.02
  • Parcel: 012689 17.2-6-29
  • Block: 6
  • Lot: 29.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7599
  • Longitude: -73.8281

    Address

  • Full Address: 216 Shaker Ridge Dr
  • Address - House Number: 216
  • Address - Street Name: Shaker Ridge
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Schenectady
  • Carrier Code: C032
  • 4-Digit Zip Code: 1967
  • Zip Code: 12309

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,149,730
  • Tax Rate Code Area: 422401

    Appraisal Valuation

  • Standard Deviation: 0.2363
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 505,306
  • High Value: 624,759
  • Low Value: 385,854

    Market Valuation

  • Market Total Value: $399,000
  • Market Land Value: $99,799
  • Market Improvement Value: $299,201

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,500
  • Assessed Land Value: $50,900
  • Assessed Improvements Value: $152,600

    Sales

  • Current Sale Contract Date: Jun 26, 2020
  • Current Sale Recording Date: Jul 22, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2020-15467
  • Previous Sale Recording Date: Jan 21, 1993
  • Previous Sale Contract Date: Jan 12, 1993
  • Previous Sale Amount: $204,805
  • 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:

$331,000

Sale Price/ft²

$210

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2226 ft²

Average Home Age

91.1 years

Currently For Sale

582 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

Rentals Near You

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

Listed by: Donna C Kelly
CM Fox Real Estate
Last Updated: 7 days ago
Data Source: Global MLS , MLS# 202326471
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 216 Shaker Ridge Drive built and last sold?
The property at 216 Shaker Ridge Drive was built in 1992 and last sold on Jun 26, 2020 for $440,000.
How much is this home worth?
The estimated value of the home located at 216 Shaker Ridge Drive is $0.
What are some comparable homes to 216 Shaker Ridge Drive?
There are currently no comparable homes to 216 Shaker Ridge Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Colonie Homes for Sale
Colonie Houses for Sale
Colonie Condos for Sale
Colonie Townhouses for Sale
Colonie Multifamily for Sale
Colonie Land for Sale
Colonie Commercial for Sale
Colonie Homes with Basements
Nearby Cities
Albany Homes for Sale
Schenectady Homes for Sale
Rotterdam Homes for Sale
Troy Homes for Sale
Scotia Homes for Sale
Cohoes Homes for Sale
East Glenville Homes for Sale
Niskayuna Homes for Sale
Nearby Property Records
Albany County, NY Property Records
Rensselaer County, NY Property Records
Schenectady County, NY Property Records
Saratoga County, NY Property Records
Columbia County, NY Property Records
Greene County, NY Property Records
Montgomery County, NY Property Records
Schoharie County, NY Property Records
Neighborhoods
Campus Area Real Estate
Delaware Avenue Real Estate
Buckingham Lake - Crestwood Real Estate
Pine Hills Real Estate
Whitehall Real Estate
Helderberg Real Estate
New Scotland Real Estate
Center Square Real Estate
Nearby Counties
Albany Homes for Sale
Clifton Park Homes for Sale
Schenectady Homes for Sale
Bethlehem Homes for Sale
Glenville Homes for Sale
Rotterdam Homes for Sale
Niskayuna Homes for Sale
Guilderland Homes for Sale
Top Real Estate Agents
Top Agents in Colonie
Top Agents in Albany
Top Agents in Albany
Top Agents in 12065
Top Agents in Clifton Park
Top Agents in Schenectady
Top Agents in Schenectady
Top Agents in 12309