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Albany 12211
6 Pheasant Ridge Drive
Photo of 6 Pheasant Ridge Drive
Sold on Jul 21, 2023

1

Map

$378,000
● House - Off Market

6 Pheasant Ridge Drive

Colonie, NY 12211
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,836 Ft²
$397,911
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Warm and welcoming 4 bedroom, Loudonville Colonial featuring updated Kitchen & baths, central air conditioning & furnace (approx. 2 years), newer vinyl siding, and some newer windows. Gleaming hardwood floors. Gas Fireplace in family room. Roof was replaced within last 10 years. Level fenced in yard. This home has been one family owned for over 50 years! Minutes from The Crossings park with trails, playground, woodlands and minutes to Albany Airport, restaurants and shopping. Great location!
Unit Size
1,836 Ft²
Days on Market
39 days
Land Size
0.28 acres
Price per sqft
$217
Property Type
House
Property Taxes
$552
HOA Dues
-
Year Built
1971

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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: 9 days ago (Global MLS #202318602)

Price History

Date / Event Date Event Price
Aug 25, 2023 Sold
Premium
Sold
Jul 21, 2023 Sold
Premium
Sold
Jun 19, 2023 In contract -
In contract
Jun 12, 2023 Listed by Coldwell Banker Prime Properties $399,000
Listed by Coldwell Banker Prime Properties

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 420
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,836
  • Building Area: 1,836
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,836
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000280
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: N-17 E-8 S-68-36

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013707

Zoning

  • Zoning: 04 - FARM

Geography

  • Account Number: 04300100050590000000
  • District: 012689
  • Section: 43.01
  • Parcel: 012689 43.1-5-59
  • Block: 5
  • Lot: 59.000
  • Municipality: COLONIE (TOV)
  • Latitude: 42.7114
  • Longitude: -73.776

    Address

  • Full Address: 6 Pheasant Ridge Dr
  • Address - House Number: 6
  • Address - Street Name: Pheasant Ridge
  • Address - Suffix Type: Dr
  • State: NY
  • City Name: Albany
  • Carrier Code: C012
  • 4-Digit Zip Code: 1524
  • Zip Code: 12211

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $663,113
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2429
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 372,865
  • High Value: 463,436
  • Low Value: 282,293

    Market Valuation

  • Market Total Value: $306,500
  • Market Land Value: $76,674
  • Market Improvement Value: $229,826

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $156,300
  • Assessed Land Value: $39,100
  • Assessed Improvements Value: $117,200

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Aug 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 15352
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:

$330,000

Sale Price/ft²

$210

Below Asking

0.02%

Average Days on Market

64

Average Home Size

2236 ft²

Average Home Age

91.4 years

Currently For Sale

574 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 16 Swayze Drive, Latham, NY, 12110

$2,800 /mo

  • 3 Beds
  • 1 Bath
  • 1,152 ft²
16 Swayze Drive, Latham, NY, 12110 Listing by Linda Yetto
Unit for rent at 23 Dorwood Drive, Loudonville, NY, 12211

$2,600 /mo

  • 4 Beds
  • 2 Baths
  • 1,869 ft²
23 Dorwood Drive, Loudonville, NY, 12211 Listing by Taylor Barvoets

Rentals Near You

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

Listed by: Lynda Cameron
Coldwell Banker Prime Properties
Last Updated: 9 days ago
Data Source: Global MLS , MLS# 202318602
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 6 Pheasant Ridge Drive built and last sold?
The property at 6 Pheasant Ridge Drive was built in 1971 and last sold on Jul 21, 2023 for $378,000.
How much is this home worth?
The estimated value of the home located at 6 Pheasant Ridge Drive is $402,990.
What are some comparable homes to 6 Pheasant Ridge Drive?
There are currently no comparable homes to 6 Pheasant Ridge Drive.
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