$160,451Average Value$190Average Price per Sq Ft1Home For Sale
A small neighborhood alongside the Port of Albany
A railroad track splits the residential and industrial regions of Mount Hope, a small community on the southern outskirts of Albany. The cluster of townhouses lining Mount Hope Drive and Garland Court contrast with the neighborhood's eastern portion, where the Port of Albany sits on the banks of the Hudson River. “A lot of this area is industrial,” says Lorenzo Murray, a New York State licensed associate real estate broker with HUNT Real Estate. “I think a consumer needs to know that it’s residential up against industrial, and that the area is, for the most part, limited to townhouse-style homes. It’s just not a revitalized area.”
Residents with a car can easily hop on Interstates 87 or 787, which are close to the neighborhood, and downtown Albany is about 2 miles north. Mount Hope’s housing prices are below the city’s median price of about $285,000; the comparative affordability and the nearby highway access serve as draws for residents. “It gives you convenience and access to other areas to shop,” Murray says.
Mount Hope, Albany, NY, exudes a warm and neighborly atmosphere in an urban setting.
Mount Hope's atmosphere is a perfect blend of vibrancy and local warmth.
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Few parks nearby, but a major rail trail winds through Mount Hope
On the Normans Kill, which winds its way along parts of the western and southern edges of the Mount Hope neighborhood, residents can be found fishing, kayaking or simply observing wildlife. Mount Hope Park offers a playground, basketball court and open space for visitors. Krank Park sits just north, in the Second Avenue neighborhood, and is a community gathering spot for the area in addition to featuring several sports facilities and a play area. The Christian Plumeri Sports Complex also sits to the north.
Despite the Hudson River’s proximity, the stretch of water along Mount Hope isn’t a prime spot for getting outdoors. “The Hudson is not a site for recreation in that section,” says Jessica Baxter, a licensed real estate salesperson with the Core Real Estate Team. “The river is going to be where the Port of Albany is. It’s a major hub for wind turbines, which are coming in and out very consistently.” However, the Albany County Helderberg-Hudson Rail Trail begins around the port and runs for almost 10 miles up to Voorheesville, tracing the Delaware & Hudson Railroad.
Mount Hope Park is a small neighborhood park in the Mt. Hope section of Albany, NY.
Right in the heart of Mount Hope is the Albany Rail Trail, a great escape in seconds.
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Shopping and dining to the south down Route 9W
Though several chain restaurants sit within the Mount Hope neighborhood, residents typically head elsewhere to find places to eat and stores to browse. “People go down into Belmont for shopping,” Murray says. “You drive down 9W into Belmont, and that’s where all your shopping is.” Less than 3 miles south, a shopping center has a Walmart, Lowe’s and PetSmart. About 3 miles south of Mount Hope, several shopping plazas sit centered around a roundabout linking Route 9W with Feura Bush Road. Grocery shoppers often head to a Market 32 in the Town Squire Plaza, and diners can find food nearby, like ice cream at 16 Handles or Japanese fare at Akira Albany or ice cream at 16 Handles. Sawa Sushi Grill and Romo’s Pizza offer international dishes on the west side of Route 9W, complemented by the Glenmont Plaza shopping center.
Enjoy some chicken and waffles at Ms. Lizzie's Kitchen in Mount Hope.
There are a few quick food options and stores within Mount Hope.
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Townhouses along two main roads in Mount Hope
Almost all of the homes in the neighborhood sit along Mount Hope Drive and Garland Court, taking the form of townhouses adorned with either siding or brick facades, and; sometimes in some instances both comprise their exteriors. “It’s residential all around Mount Hope Drive,” Murray says. “There are a lot of townhouses over there. Pretty much all of Mount Hope Drive is predominantly townhouses.” Multi-family properties in the Mount Hope neighborhood typically cost between $100,000 and $200,000, and investors are a common buyers in the area. “It’s a great place for investors to start growing their portfolio,” Baxter says.
Mount Hope offers a variety of housing options, from classic to contemporary.
Mount Hope is a wonderful neighborhood to live and work in.
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Close proximity to major area highways
Drivers can hop on Interstate 787 less than a mile from Mount Hope. “Getting around is extremely easy,” Murray says. “All points take you to Interstate 90 and 787. You can go up 87 north, and that will take you back to 90. You can get anywhere from that particular area. It’s a really easy access area.” Downtown Albany is about 2 miles north, and Interstate 87, known locally as the New York State Thruway, runs along the western edge of Mount Hope. CDTA buses make stops along Route 9W and New York State Route 32. Major cities like New York City and Boston are over 150 miles away.
Mount Hope provides an energetic and dynamic environment for its residents.
The College of Saint Rose's sporting complex is right next to Mount Hope for residents to enjoy.
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Education outside of Mount Hope
Public schooling options for students within the neighborhood include Giffen Memorial Elementary School, located about a mile north. The school runs from kindergarten through fifth grade and scores a C with Niche. Graduates can then move on to Stephen & Harriet Myers Middle School, which has yet to receive a score from Niche, and the B-plus-rated Albany High School. Albany High provides its students with a quartet of focus-driven academies for learning, which consists of Leadership, Discovery, Innovation and Citizenship.
Giffen Memorial Elementary School is a pre-k-5th grade in the Mount Hope section of Albany.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
Interested in learning more about homes in this neighborhood?
Reach out to
Kayla Mooney,
an experienced agent in this area.
Parks in this Area
Hoffman Park
Baseball/Softball
Basketball
Tennis
Lincoln Park
Basketball
Picnic Area
Pool
Corning City Preserve
Bike Trails
Boating
Trails
Riverfront Park
Baseball/Softball
Basketball
Bike Trails
Krank Park
Baseball/Softball
Basketball
Tennis
Hummel Street Park
Basketball
Mount Hope Park
Basketball
Playground
Island Creek Park (Church Street Park)
Fishing
Picnic Area
Parking Lot
Elizabeth Street Park
Basketball
Playground
Crime and Safety
1 - Low Crime, 10 - High Crime
Mount Hope
US
Homicide
7
4
Sexual Assault
5
4
Assault with Weapon
6
4
Robbery
8
4
Burglary
4
4
Motor Vehicle Theft
4
4
Larceny
4
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
Mount Hope Demographics and Home Trends
On average, homes in Mount Hope, Albany sell after 184 days on the market compared to the national average of 70 days. The median sale price for homes in Mount Hope, Albany over the last 12 months is $389,000, down 75% from the median home sale price over the previous 12 months.
Charming townhouse available for rent! This spacious home offers 3 bedrooms, 1.5 baths, and a full basement. Enjoy a private backyard with a seating deck area and a shed, plus the convenience of an in-unit washer and dryer. The property includes parking for up to 4 cars in the front. Located close to bus lines, this townhouse is ideal for commuters. NO HOA
WOW -Don't miss out on this completely renovated brick townhome! Offers all new quality luxury vinyl plank flooring throughout, quality kitchen with granite countertops and all new stainless-steel appliances, new gas furnace with new central air, new gas 40-gallon hot water tank, all new tiled full bath, all new doors, windows, baseboards & moldings! You won't find one on the market like this!
Property Id: 1504100Charming townhouse available for rent! This spacious home offers 3 bedrooms, 1.5 baths, and a full basement. The property includes parking for up to 4 cars in the front.Located close to bus lines, this townhouse is ideal for commuters. Cats are considered, but no dogs are allowed.The owner covers garbage and water expenses, while the tenant is
Sparkling new kitchen w/ granite counters and convenient breakfast brand new Deck, New blacktop Driveway, New Roof, New Furnace & Central Air, New front Entry deck and steps, HW floors throughout, 3BR's, spacious LR, full basement, private end unit, totally move in condition and ready for you now!
Interested in learning more about homes in this neighborhood?
Reach out to
Kayla Mooney,
an experienced agent in this area.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Renters
Demographics
Total Population
850
Median Age
34
Population Density
2 ppl/acre
Population under 18
30.1%
Above the national average
23.8%
Population over 65
14.8%
On par with the national average
19.1%
Finances
Median Household Income
$81,944
Above the national average
$71,702
Average Household Income
$78,108
Education and Workforce
High School Graduates
76.5%
College Graduates
52.3%
Above the national average
34.1%
Advanced Degrees
30.3%
Above the national average
13.3%
% Population in Labor Force
60.6%
Weather
Annual Precipitation
41''
Average Winter Low Temperature
16°F
Average Summer High Temperature
84°F
Annual Snowfall
44''
Area Factors
Somewhat Bikeable
Bike Score®
26/ 100
Car-Dependent
Walk Score®
9/ 100
Some Transit
Transit Score®
32/ 100
Source: Walk Score
Source: Walk Score
Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
