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Albany 12205
29 LEDGEWOOD Drive
$235,000
● House - Off Market

29 LEDGEWOOD Drive

Colonie, NY 12205
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
$363,555
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Great find in a family neighborhood. There is one bedroom on first floor and 4 on the second floor. H/W floors upstairs and bedrooms are oversized with large closets. Master has half bath. Outside is a heated Gunite pool. 2 car garage with extra room for storage. Furnace 3 years old, seamless gutters and a walk in coat closet on first floor. Floor plan flows. Basement is dry. Not your typical 3rd party approval. South Colonie School District. Very Good Condition
Unit Size
-
Days on Market
-
Land Size
0.23 acres
Price per sqft
-
Property Type
House
Property Taxes
$516
HOA Dues
-
Year Built
1977

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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 #201621097)

Price History

Date / Event Date Event Price
Sep 15, 2022 Sold
Premium
Sold
May 19, 2017 Sold
Premium
Sold
Oct 11, 2016 Listed by CM Fox, LLC $225,000
Listed by CM Fox, LLC
Dec 1, 2008 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 19
  • 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: 720
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 2,336
  • Building Area: 2,336
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,336
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 29 N-LEDGEWOOD DR E-31 S-77-07

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013708

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 04202000020060000000
  • District: 012689
  • Section: 42.20
  • Parcel: 012689 42.20-2-6
  • Block: 2
  • Lot: 6.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7036
  • Longitude: -73.79

    Address

  • Full Address: 29 Ledgewood Dr
  • Address - House Number: 29
  • Address - Street Name: Ledgewood
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Albany
  • Carrier Code: C012
  • 4-Digit Zip Code: 1718
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $686,546
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2388
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 380,793
  • High Value: 471,743
  • Low Value: 289,843

    Market Valuation

  • Market Total Value: $313,700
  • Market Land Value: $78,425
  • Market Improvement Value: $235,275

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,000
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $120,000

    Sales

  • Current Sale Contract Date: Aug 24, 2022
  • Current Sale Recording Date: Sep 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2022-21281
  • Previous Sale Recording Date: May 19, 2017
  • Previous Sale Contract Date: May 01, 2017
  • Previous Sale Amount: $235,000
  • 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 Albany

Stats & Trends

Median Asking:

$329,900

Sale Price/ft²

$208

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2266 ft²

Average Home Age

91.9 years

Currently For Sale

534 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: Lisa Wallock
CM Fox, LLC
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201621097
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 29 Ledgewood Drive built and last sold?
The property at 29 Ledgewood Drive was built in 1977 and last sold on Aug 24, 2022 for $120,000.
How much is this home worth?
The estimated value of the home located at 29 Ledgewood Drive is $0.
What are some comparable homes to 29 Ledgewood Drive?
There are currently no comparable homes to 29 Ledgewood Drive.
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