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Albany
8 Pineridge Place
$185,000
● House - Off Market

8 Pineridge Place

Bethlehem, NY 12054
bedrooms
2 Beds
bathrooms
1 Bath
square feet
894 Ft²
$1,285
Est. Monthly
7.19%
Cap Rate

About This Property

Tucked away on a quiet cul de sac in the center of town, this home offers the best of both worlds-peaceful surroundings and a walkable location just off the Rail Trail and minutes from Delmar's Four Corners. Inside, you'll find an efficient layout that makes the most of every square foot. The kitchen is both charming and practical, with ample cabinet storage and a functional design that makes daily life easy. Enjoy the character of an older home without the heavy upkeep-this one strikes just the right balance. Relax with your morning coffee or unwind in the evening on the screened porch, overlooking a treed and private yard that feels like a small oasis. Whether you're out exploring town or staying in, this home offers comfort, convenience and a setting that feels just right. *SOLD AS IS*
Unit Size
894 Ft²
Days on Market
64 days
Land Size
0.08 acres
Price per sqft
$224
Property Type
House
Property Taxes
$303
HOA Dues
-
Year Built
1915

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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: 2 years ago (Global MLS #202517392)

Price History

Date / Event Date Event Price
Aug 14, 2025 Sold
Premium
Sold
Jun 15, 2025 In contract -
In contract
Jun 11, 2025 Relisted $200,000
Relisted
Jun 10, 2025 In contract -
In contract
Jun 1, 2025 Price Decreased $200,000
↓ $25K (11.1%)
Price Decreased
Show More

Property Highlights

Parking Available
Garage

Building Info

Overview

    General

  • Year Built: 1915
  • Effective Year Built: 1915
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • 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: 10
  • Garage Square Area: 352
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 3,485
  • Lot Size Depth Feet: 520
  • Lot Size Frontage Feet: 850
  • Total Building Area: 894
  • Building Area: 894
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 894
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DELMAR
  • Land Acres: 0000000080
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: DELMAR

Neighborhood

  • School District Name: Bethlehem Central School District
  • School Tax School District: BETHLEHEM
  • Census Tract: 014100

Zoning

  • Zoning: CR

Geography

  • Account Number: 08501200010350000000
  • District: 012200
  • Section: 85.12
  • Parcel: 012200 85.12-1-35
  • Block: 1
  • Lot: 35.000
  • Municipality: BETHLEHEM
  • Latitude: 42.625
  • Longitude: -73.8342

    Address

  • Full Address: 8 Pineridge Pl
  • Address - House Number: 8
  • Address - Street Name: Pineridge
  • Address - Suffix Type: Pl
  • State: NY
  • City Name: Delmar
  • Carrier Code: C007
  • 4-Digit Zip Code: 1020
  • Zip Code: 12054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $336,447
  • Tax Rate Code Area: 012206

    Appraisal Valuation

  • Standard Deviation: 0.2398
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 66
  • Final Value: 228,546
  • High Value: 283,358
  • Low Value: 173,734

    Market Valuation

  • Market Total Value: $168,000
  • Market Land Value: $36,667
  • Market Improvement Value: $131,333

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $126,000
  • Assessed Land Value: $27,500
  • Assessed Improvements Value: $98,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 12, 2011
  • Current Sale Recording Date: May 19, 2011
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 10890058
  • Previous Sale Recording Date: May 19, 2011
  • Previous Sale Contract Date: May 12, 2011
  • Previous Sale Amount: $126,000
  • 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

2261 ft²

Average Home Age

90.9 years

Currently For Sale

567 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

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Global MLS

Listed by: Patrick J McSharry
McSharry & Assoc. Realty LLC
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202517392
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 8 Pineridge Place built and last sold?
The property at 8 Pineridge Place was built in 1915 and last sold on May 12, 2011 for $126,000.
How much is this home worth?
The estimated value of the home located at 8 Pineridge Place is $0.
What are some comparable homes to 8 Pineridge Place?
There are currently no comparable homes to 8 Pineridge Place.
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