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Colonie 12205
28 Bridle Path
$315,000
● House - Off Market

28 Bridle Path

Colonie, NY 12205
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,356 Ft²
$1,934
Est. Monthly
15.79%
Cap Rate

About This Property

This charming split ranch home offers comfortable living with all bedrooms located on the same level and a partially finished basement which includes a family room.  Step outside from the main level onto a spacious deck overlooking the backyard; ideal for relaxing or entertaining. A perfect blend of indoor comfort and outdoor living.
Unit Size
1,356 Ft²
Days on Market
98 days
Land Size
0.22 acres
Price per sqft
$243
Property Type
House
Property Taxes
$313
HOA Dues
-
Year Built
1956

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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: 10 months ago (Global MLS #202526161)

Price History

Date / Event Date Event Price
Jan 22, 2026 Sold
Premium
Sold
Dec 8, 2025 In contract -
In contract
Nov 18, 2025 Price Decreased $329,900
↓ $19K (5.5%)
Price Decreased
Oct 16, 2025 Relisted $349,000
Relisted
Oct 14, 2025 In contract -
In contract
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 5
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 434
  • Garage Type: 1
  • Garage Square Area: 273
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,364
  • Building Area: 1,364
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,364
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LF EST JOHNSTONE LUCILLE N-BRIDLE PATH E-STREET S-51-73

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013902

Zoning

  • Zoning: 42

Geography

  • Account Number: 02901600030060000000
  • District: 012601
  • Section: 29.16
  • Parcel: 012601 29.16-3-6
  • Block: 3
  • Lot: 6.000
  • Municipality: COLONIE
  • Latitude: 42.7293
  • Longitude: -73.8317

    Address

  • Full Address: 28 Bridle Path
  • Address - House Number: 28
  • Address - Street Name: Bridle
  • Address - Suffix Type: Path
  • State: NY
  • City Name: Albany
  • Carrier Code: C021
  • 4-Digit Zip Code: 2318
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $351,979
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 288,110
  • High Value: 356,923
  • Low Value: 219,297

    Market Valuation

  • Market Total Value: $178,400
  • Market Land Value: $44,502
  • Market Improvement Value: $133,898

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $91,000
  • Assessed Land Value: $22,700
  • Assessed Improvements Value: $68,300

    Sales

  • Current Sale Contract Date: Sep 29, 2015
  • Current Sale Recording Date: Oct 02, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11917016
  • Previous Sale Recording Date: Sep 12, 2013
  • Previous Sale Contract Date: Aug 29, 2013
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: 27
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 Colonie

Stats & Trends

Median Asking:

$329,950

Sale Price/ft²

$246

Above Asking

0.00%

Average Days on Market

54

Average Home Size

1424 ft²

Average Home Age

71.9 years

Currently For Sale

7 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

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Global MLS

Listed by: Jessica Bedard
Realty One Group Key
Last Updated: 10 months ago
Data Source: Global MLS , MLS# 202526161
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 28 Bridle Path built and last sold?
The property at 28 Bridle Path was built in 1956 and last sold on Sep 29, 2015 for $206,000.
How much is this home worth?
The estimated value of the home located at 28 Bridle Path is $0.
What are some comparable homes to 28 Bridle Path?
There are currently no comparable homes to 28 Bridle Path.
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