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Schenectady 12302
280 Ridge Road
$325,000
● House - Off Market

280 Ridge Road

Glenville, NY 12302
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,904 Ft²
$2,066
Est. Monthly
6.43%
Cap Rate

About This Property

*** Multiple offer deadline Monday at 12 noon.  Nestled on a private 1.47-acre lot, this charming Cape Cod offers timeless appeal. Featuring a slate roof, screened-in back porch, and a detached 3-car garage with potential for finished space above, this home is filled with possibilities. Inside, enjoy a spacious layout with 3 bedrooms, 1.5 baths, and a first-floor home office that can serve as a 4th bedroom. Ample closet space includes walk-ins and a cedar closet. Hardwood flooring runs throughout most of the home, adding warmth and character. Imagine hosting summer gatherings in the spacious backyard, enjoying morning coffee on the back porch, or cozy winters indoors. Some may choose to update while others will cherish its charm. Either way, this home is ready for its next chapter!
Unit Size
1,904 Ft²
Days on Market
96 days
Land Size
1.47 acres
Price per sqft
$158
Property Type
House
Property Taxes
$593
HOA Dues
-
Year Built
1939

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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: 2 years ago (Global MLS #202512841)

Price History

Date / Event Date Event Price
Jun 9, 2025 Sold
Premium
Sold
Mar 11, 2025 In contract -
In contract
Mar 5, 2025 Listed by Howard Hanna Capital Inc $300,000
Listed by Howard Hanna Capital Inc
Aug 12, 1999 Sold
Premium
Sold
Apr 12, 1999 Listed by Howard Hanna Capital Inc $99,999
Listed by Howard Hanna Capital Inc

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 175
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 884
  • Parking Space Count: 4
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 64,033
  • Total Building Area: 1,904
  • Building Area: 1,904
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,904
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001470
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: HLG

Neighborhood

  • School District Name: Scotia-Glenville Central School District
  • School Tax School District: SCOTIA-GLENVILL
  • Census Tract: 032404

Zoning

  • Zoning: RES

Geography

  • Account Number: C05314
  • District: 422289
  • Section: 21.03
  • Parcel: 422289 21.3-1-13
  • Block: 1
  • Lot: 13.000
  • Municipality: GLENVILLE (TOV)
  • Latitude: 42.862
  • Longitude: -73.9833

    Address

  • Full Address: 280 Ridge Rd
  • Address - House Number: 280
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: R007
  • 4-Digit Zip Code: 6716
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $696,072
  • Tax Rate Code Area: 422202

    Appraisal Valuation

  • Standard Deviation: 0.2347
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 317,973
  • High Value: 392,612
  • Low Value: 243,333

    Market Valuation

  • Market Total Value: $266,324
  • Market Land Value: $48,088
  • Market Improvement Value: $218,236

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $181,100
  • Assessed Land Value: $32,700
  • Assessed Improvements Value: $148,400

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 06, 1999
  • Current Sale Recording Date: Aug 12, 1999
  • Current Sale Price:
    Premium
  • Current 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 Schenectady

Stats & Trends

Median Asking:

$299,800

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

65

Average Home Size

1949 ft²

Average Home Age

82.1 years

Currently For Sale

338 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: Rebekah O'Neil
Howard Hanna Capital Inc
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202512841
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 280 Ridge Road built and last sold?
The property at 280 Ridge Road was built in 1939 and last sold on Aug 6, 1999 for $105,000.
How much is this home worth?
The estimated value of the home located at 280 Ridge Road is $306,929.
What are some comparable homes to 280 Ridge Road?
There are currently no comparable homes to 280 Ridge Road.
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