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Schenectady 12302
711 Ridge Road
$305,000
● House - Off Market

711 Ridge Road

Schenectady, NY 12302
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$315,343
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Beautiful ranch in Scotia Glenville Schools, on desirable Ridge Rd. Private backyard that backs up to the woods, perfect for entertaining. Large deck, and a huge heated garage with additional storage upstairs. Updated kitchen, and partially finished basement adds extra space for entertaining, or a kids playroom. Excellent natural light throughout the house.
Unit Size
-
Days on Market
-
Land Size
0.43 acres
Price per sqft
-
Property Type
House
Property Taxes
$538
HOA Dues
-
Year Built
1956

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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 #202221259)

Price History

Date / Event Date Event Price
Aug 16, 2022 Sold
Premium
Sold
Jun 28, 2022 Listed by Oxford Property Group USA $305,000
Listed by Oxford Property Group USA
Aug 28, 2019 Sold
Premium
Sold
Jul 31, 1995 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 3
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 816
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,750
  • Lot Size Depth Feet: 2,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,345
  • Building Area: 1,345
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,345
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000430
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: COMLANDS B A-GL PL 4&3 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: C05116
  • District: 422289
  • Section: 21.01
  • Parcel: 422289 21.1-1-20
  • Block: 1
  • Lot: 20.000
  • Municipality: GLENVILLE (TOV)
  • Latitude: 42.8671
  • Longitude: -73.9892

    Address

  • Full Address: 711 Ridge Rd
  • Address - House Number: 711
  • Address - Street Name: Ridge
  • Address - Suffix Type: Rd
  • State: NY
  • City Name: Schenectady
  • Carrier Code: R007
  • 4-Digit Zip Code: 6723
  • Zip Code: 12302

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $652,443
  • Tax Rate Code Area: 422202

    Appraisal Valuation

  • Standard Deviation: 0.2362
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 67
  • Final Value: 295,683
  • High Value: 365,538
  • Low Value: 225,829

    Market Valuation

  • Market Total Value: $242,647
  • Market Land Value: $44,412
  • Market Improvement Value: $198,235

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $165,000
  • Assessed Land Value: $30,200
  • Assessed Improvements Value: $134,800

    Sales

  • Current Sale Contract Date: Aug 05, 2022
  • Current Sale Recording Date: Aug 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 43563
  • Previous Sale Recording Date: Aug 28, 2019
  • Previous Sale Contract Date: Aug 26, 2019
  • Previous Sale Amount: $217,500
  • 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 Schenectady

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

64

Average Home Size

1985 ft²

Average Home Age

81.8 years

Currently For Sale

332 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: Jaret Falkowitz
Oxford Property Group USA
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 202221259
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 711 Ridge Road built and last sold?
The property at 711 Ridge Road was built in 1956 and last sold on Aug 5, 2022 for $305,000.
How much is this home worth?
The estimated value of the home located at 711 Ridge Road is $308,050.
What are some comparable homes to 711 Ridge Road?
There are currently no comparable homes to 711 Ridge Road.
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