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Rensselaer 12033
8 TIMBER LEDGE
$242,700
● House - Off Market

8 TIMBER LEDGE

Schodack, NY 12061
bedrooms
3 Beds
bathrooms
3 Baths
$434,661
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Large Open floor plan Ranch located in East Greenbush Schools. 3 Bedroom, 3 Bath home in a desirable Schodack Neighborhood.  Stunning Custom New Kitchen with Handcrafted Brazilian Cherry Counters. Large Master with updated full bath.  Hardwood Floors throughout , recessed lighting.  2 Fireplaces, one located in a walkout basement with another full bath, plenty of room for a large in-law apartment or expanded family room. Private lot and deck to entertain. Excellent Condition
Unit Size
-
Days on Market
-
Land Size
0.48 acres
Price per sqft
-
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1970

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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 #201513404)

Price History

Date / Event Date Event Price
Sep 8, 2015 Sold
Premium
Sold
Jun 19, 2015 Listed by KW Platform $244,900
Listed by KW Platform
Oct 7, 2013 Sold
Premium
Sold

Property Highlights

Parking Available
Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • 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: 1
  • Garage Square Area: 483
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Depth Feet: 2,228
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,786
  • Building Area: 1,786
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 1,786
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000480
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: STONE-FACE RANCH

Neighborhood

  • School District Name: East Greenbush Central School District
  • School Tax School District: EAST GREENBUSH
  • Census Tract: 052501

Zoning

  • Zoning: R-20

Geography

  • Account Number: 325J112183
  • District: 384489
  • Section: 177.12
  • Parcel: 384489 177.12-5-27
  • Block: 5
  • Lot: 27.000
  • Municipality: SCHODACK (TOV)
  • Latitude: 42.5792
  • Longitude: -73.6977

    Address

  • Full Address: 8 Timber Ledge
  • Address - House Number: 8
  • Address - Street Name: Timber Ledge
  • State: NY
  • City Name: East Greenbush
  • Carrier Code: C004
  • 4-Digit Zip Code: 2712
  • Zip Code: 12061

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $785,208
  • Tax Rate Code Area: 382401

    Appraisal Valuation

  • Standard Deviation: 0.2595
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 63
  • Final Value: 350,727
  • High Value: 441,742
  • Low Value: 259,712

    Market Valuation

  • Market Total Value: $281,338
  • Market Land Value: $64,214
  • Market Improvement Value: $217,124

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $210,300
  • Assessed Land Value: $48,000
  • Assessed Improvements Value: $162,300

    Sales

  • Current Sale Contract Date: Aug 24, 2015
  • Current Sale Recording Date: Sep 08, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Oct 07, 2013
  • Previous Sale Contract Date: Sep 30, 2013
  • Previous Sale Amount: $178,000
  • 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 Rensselaer

Stats & Trends

Median Asking:

$308,250

Sale Price/ft²

$197

Below Asking

0.02%

Average Days on Market

65

Average Home Size

2205 ft²

Average Home Age

95.7 years

Currently For Sale

337 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: Amy S Morgan
KW Platform
Last Updated: 3 years ago
Data Source: Global MLS , MLS# 201513404
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 Timber Ledge built and last sold?
The property at 8 Timber Ledge was built in 1970 and last sold on Aug 24, 2015 for $242,700.
How much is this home worth?
The estimated value of the home located at 8 Timber Ledge is $0.
What are some comparable homes to 8 Timber Ledge?
There are currently no comparable homes to 8 Timber Ledge.
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