NOT LISTED FOR SALE

18 Benjamin St Albany, NY 12202

Estimated Value: $107,002 - $251,000

4 Beds
2 Baths
1,672 Sq Ft
$114/Sq Ft Est. Value

Last Sold September 28, 2023

Last sale price $180,000 $108 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,167/month

49 Days on Market

Highlights

  • No HOA
  • Window Unit Cooling System
  • Baseboard Heating
  • Rear Porch
  • Bathroom on Main Level
  • 4-minute walk to Krank Park

About This Home

As of September 2023

Investors take a look at this one! Perfect to add to a portfolio or possible owner occupied. Each unit has 2 bedrooms, Living room, Eat in Kitchen and one bathroom. Recently renovated, painted and some new flooring installed. Fully rented with excellent tenants. 1st floor rent is $1223 and 2nd floor rent is $1295. Total yearly income is $30,216. Call for your appointment today. 24 hour notice is required for tenants. Tenants will allow access.

Last Agent to Sell the Property

Donna Toussaint

518 Realty.Com Inc License #10401254188 Listed on: 06/20/2023

Last Buyer's Agent

Arielle Roberts

Empire Real Estate Firm LLC License #10401367127

Empire Real Estate Firm LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,978

Year Built

  • Built in 1890

Lot Details

  • 2,614

Home Design

  • Duplex
  • Aluminum Siding

Interior Spaces

  • 1,672 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • No Access to Attic

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Schools

  • Giffen Memorial Elementary School
  • Albany High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Baseboard Heater
  • Cable TV Available

Additional Features

  • Rear Porch
  • 2,614 Sq Ft Lot

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tenant pays for hot water, internet, cable TV, electricity
  • The owner pays for water, heat
  • Legal Lot and Block 24.000 / 2
  • Assessor Parcel Number 010100 76.72-2-24

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,978

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Zoning: Multi Residence
  • Year Built: 1890
  • Directions: I-90 East. Take Exit 23 for 787/9W toward Albany/Rensselaer. follow signs for 9W N, then turn L onto 9-W N/Southern Blvd, Sharp R onto McCarty Ave. Turn L onto Frisbie Ave. Turn R on Second Ave and R
  • Above Grade Finished Sq Ft: 1672.0
  • Financial Details General Taxes: 1914.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 1064.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 0.06
  • New Construction: No
  • Sale Detail Seller Contribution: No
  • Rental Income: 2518.0
  • Rental Income Description: Actual
  • Income: 30216.0
  • Income Description: Yearly
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 1672.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Water, Heat
  • Attic Features:No Attic Access: Yes
  • Full Basement: Yes
  • Basement:Unfinished: Yes

Exterior Features

  • Exterior Features: None
  • Construction Type: Aluminum Siding
  • Patio And Porch Features: Rear Porch
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Construction Materials:Aluminum Siding: Yes
  • Patio And Porch Features:Rear Porch: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking: No
  • Property Detail:Parking YN: No
  • Parking Features:None11: Yes

Utilities

  • Utilities: Cable Available
  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Electric, Hot Water, Natural Gas
  • Laundry Features: None
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Electric: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:Cable Available3: Yes
  • Unit 1 Amenities:High Speed Internet3: Yes
  • Unit 2 Amenities:Cable Available4: Yes
  • Unit 2 Amenities:High Speed Internet4: Yes

Schools

  • Junior High Dist: Albany

Lot Info

  • Land Lease: No
  • Parcel #: 010100 76.72-2-24
  • Lot Size Sq Ft: 2613.6

Rental Info

  • Tenant Pays: Hot Water, Internet, Cable TV, Electricity

Tax Info

  • Tax Annual Amount: 2978.0
  • Tax Block: 2
  • Tax Lot: 24.000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Giffen Memorial
  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2021
Closed on
Jul 25, 2022
Sold by
Thomas Hindes Sr
Bought by
Capital Region Apartment Rentals Llc
Seller's Agent
Donna Toussaint
518 Realty.Com Inc
Buyer's Agent
Donna Toussaint
Brower Realty and Property Services Inc
List Price
$79,900
Sold Price
$79,900
Views
1
Current Estimated Value
$190,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,851
Avg. Annual Appreciation
29.36%
Original Mortgage
$80,000
Outstanding Balance
$76,465
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$114,286

Purchase Details

Closed on
May 30, 2007
Sold by
Us Bank National Assoc
Bought by
Hindes Thomas

Purchase Details

Closed on
May 23, 2007
Sold by
U S Bank National Association
Bought by
Hindes Thomas

Purchase Details

Closed on
Sep 19, 2006
Sold by
Alling Byron
Bought by
Us Bank National Assoc

Purchase Details

Closed on
May 11, 2005
Sold by
Stancil Chester
Bought by
Alling Byron

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
8.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 17, 2002
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Capital Region Apartment Rentals Llc $80,000 --
Hindes Thomas $38,000 --
Hindes Thomas $38,000 None Available
Us Bank National Assoc $60,000 --
Alling Byron $46,000 William J Dloyer
-- -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Capital Region Apartment Rentals Llc $80,000
Previous Owner Alling Byron $81,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/28/2023 09/28/23 Sold $180,000 -4.8% $108 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/02/2023 08/02/23 Price Changed $189,000 -5.5% $113 / Sq Ft
07/07/2023 07/07/23 Price Changed $199,900 -9.1% $120 / Sq Ft
06/20/2023 06/20/23 For Sale $219,900 +175.2% $132 / Sq Ft
07/25/2022 07/25/22 Sold $79,900 0.0% $48 / Sq Ft View Prior Sale
09/11/2021 09/11/21 Pending -- -- --
09/05/2021 09/05/21 For Sale $79,900 -- $48 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,992 $71,000 $14,200 $56,800
2023 $1,954 $45,000 $10,800 $34,200
2022 $1,914 $45,000 $10,800 $34,200
2021 $1,910 $45,000 $10,800 $34,200
2020 $1,707 $45,000 $10,800 $34,200
2019 $1,772 $45,000 $10,800 $34,200
2018 $1,711 $45,000 $10,800 $34,200
2017 $1,007 $45,000 $10,800 $34,200
2016 $1,660 $45,000 $10,800 $34,200
2015 $1,170 $52,600 $10,500 $42,100
2014 -- $52,600 $10,500 $42,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202319118

Global MLS

APN: 010100-076-072-0002-024-000-0000