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Colonie 12205
8 Space Boulevard
$440,000
● House - Off Market

8 Space Boulevard

Colonie, NY 12205
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,750 Ft²
$2,488
Est. Monthly
12.41%
Cap Rate

About This Property

Beautiful and bright raised ranch in a desirable neighborhood. The house has been newly renovated and updated, features open floor plan with a spacious living room. The modern kitchen features granite countertops, stainless steel appliances, tile backsplash and cherry cabinets. Hardwood floor throughout the 2nd floor. Dining room with sliding door to the three season sunroom. Enjoy the 3 large bedrooms and the 2 full bathroom with tile shower.  The oversized garage provides storage space and the new carport has two extra parking spots. The landscaped fenced yard offers a serene retreat with an above ground pool and shed. Conveniently located near schools, parks, shopping and Wolf Rd. A must see! The sale is contingent on the sellers finding their next house.
Unit Size
1,750 Ft²
Days on Market
236 days
Land Size
0.22 acres
Price per sqft
$251
Property Type
House
Property Taxes
$328
HOA Dues
-
Year Built
1970

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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 #202424996)

Price History

Date / Event Date Event Price
Jun 16, 2025 Sold
Premium
Sold
Jan 4, 2025 In contract -
In contract
Oct 24, 2024 Relisted $439,900
Relisted
Sep 19, 2024 In contract -
In contract
Sep 7, 2024 Listed by KW Platform $439,900
Listed by KW Platform
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 19
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 624
  • Garage Type: 17
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,583
  • Total Building Area: 1,598
  • Building Area: 1,598
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,598
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: LOT 8 N-14 MYERS CT E-6 S-36-15

Neighborhood

  • School District Name: South Colonie Central School District
  • School Tax School District: SOUTH COLONIE
  • Census Tract: 013902

Zoning

  • Zoning: 42

Geography

  • Account Number: 04200500020410000000
  • District: 012601
  • Section: 42.05
  • Parcel: 012601 42.5-2-41
  • Block: 2
  • Lot: 41.000
  • Municipality: COLONIE
  • Latitude: 42.7198
  • Longitude: -73.8202

    Address

  • Full Address: 8 Space Blvd
  • Address - House Number: 8
  • Address - Street Name: Space
  • Address - Suffix Type: Blvd
  • State: NY
  • City Name: Albany
  • Carrier Code: C015
  • 4-Digit Zip Code: 2518
  • Zip Code: 12205

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $425,468
  • Tax Rate Code Area: 012601

    Appraisal Valuation

  • Standard Deviation: 0.2448
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 65
  • Final Value: 300,809
  • High Value: 374,450
  • Low Value: 227,169

    Market Valuation

  • Market Total Value: $215,700
  • Market Land Value: $53,925
  • Market Improvement Value: $161,775

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $110,000
  • Assessed Land Value: $27,500
  • Assessed Improvements Value: $82,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 04, 2008
  • Current Sale Recording Date: Dec 31, 2008
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 10329106
  • Previous Sale Recording Date: Dec 31, 2008
  • Previous Sale Contract Date: Dec 04, 2008
  • Previous Sale Amount: $179,500
  • 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 Colonie

Stats & Trends

Median Asking:

$325,000

Sale Price/ft²

$244

Above Asking

0.00%

Average Days on Market

54

Average Home Size

1663 ft²

Average Home Age

78.5 years

Currently For Sale

8 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: Binglin Li
KW Platform
Last Updated: 2 years ago
Data Source: Global MLS , MLS# 202424996
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 Space Boulevard built and last sold?
The property at 8 Space Boulevard was built in 1970 and last sold on Dec 4, 2008 for $179,500.
How much is this home worth?
The estimated value of the home located at 8 Space Boulevard is $0.
What are some comparable homes to 8 Space Boulevard?
There are currently no comparable homes to 8 Space Boulevard.
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