Gianfranco Pellegri
Howard Hanna Rand Realty
(845) 382-3504
45 Total Sales
1 in Glasco
$375,000 Price
22 Albany St Glasco, NY 12432
Glasco Area
10
Beds
5
Baths
3,500
Sq Ft
0.74
Acre Lot
Highlights
- No HOA
- Ceramic Tile Flooring
- Baseboard Heating
- Patio
- Landscaped
- Level Lot
About This Home
As of July 2022(5 unit great opportunity), buy a turnkey investment property on a quiet road two blocks from the Hudson River in the quaint hamlet of Galsco. Property has its own off street parking. The Building consists of 5 units which are all two bedroom and one bath. Each apartment comes with a storage unit in the rear of the building. The Building has been very well maintained, in the past few years new hot water heathers, floors, ranges and refrigerators were replaced when needed. Strong rents and are still below market rates. Furnace has been serviced regularly. Building is connected with municipal water and sewer. Tenant pays electric. Owner pays for heat (natural gas), water/sewer, and plowing/landscaping. The building comes with a plot of land In front of building. Buyers agent to confirm what can be built. At current ask , appx 7 cap, with rent increases set to come into effect over the next few months.
Last Agent to Sell the Property
Berardi Realty License #10311209045 Listed on: 04/30/2022
Last Buyer's Agent
Gabrielle Edwards
Past Member License #10401306424
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,369
Year Built
- Built in 1962
Lot Details
- 32,234 Sq Ft Lot
- Landscaped
- Level Lot
Home Design
- Frame Construction
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Scuttle Attic Hole
- Range
Flooring
- Carpet
- Ceramic Tile
Parking
- Driveway
- Paved Parking
- Off-Street Parking
Outdoor Features
- Patio
Utilities
- Heating System Uses Natural Gas
- Baseboard Heating
- Hot Water Heating System
Listing and Financial Details
- The owner pays for gas, insurance, repairs, sewer, taxes, trash collection, water
- Legal Lot and Block 6.100 / 3
Community Details
Overview
- No Home Owners Association
- 5 Units
Building Details
- Electric Expense $3,132
- Insurance Expense $2,400
- Manager Expense $2,000
- New Taxes Expense $11,369
- Operating Expense $25,760
- Net Operating Income $40,543
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 30, 2022
Closed on
Jul 8, 2022
Sold by
Bought by
Seller's Agent
Greg Berardi
Berardi Realty
Buyer's Agent
Gabrielle Edwards
Past Member
List Price
$595,000
Sold Price
$623,500
Premium/Discount to List
$28,500
4.79%
Purchase Details
Listed on
Jun 14, 2019
Closed on
Sep 24, 2019
Sold by
Bought by
Seller's Agent
Angela Galetto
Amodio Real Estate & Prop
Buyer's Agent
Alan Kessler
Andreassen Properties LLC
List Price
$429,000
Sold Price
$398,000
Premium/Discount to List
-$31,000
-7.23%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.46%
Purchase Details
Closed on
Feb 20, 2004
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Glasco, NY
-
Gianfranco Pellegri
-
Jessica Coutsonikas
Jessica Coutsonikas
Keller Williams Capital Dist
(518) 412-7488
40 Total Sales
1 in Glasco
$412,000 Price
-
Michael J. Carr
Michael J. Carr
Responds QuicklyeXp Realty
(845) 439-2056
86 Total Sales
2 in Glasco
$485,000 Price Range
-
Thomasine Helsmoortel
Thomasine Helsmoortel
Helsmoortel Realty Inc.
(845) 328-4406
51 Total Sales
6 in Glasco
$249K - $674K Price Range
-
Amy Lonas
Amy Lonas
Coldwell Banker Village Green
(845) 415-1511
122 Total Sales
3 in Glasco
$297K - $340K Price Range
-
Frank Tangredi
Frank Tangredi
Responds QuicklyFrank Tangredi Realty Company
(845) 420-3064
55 Total Sales
1 in Glasco
$525,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $623,500 | None Available | ||
| $398,000 | -- | ||
| $290,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $585,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/08/2022 07/08/22 | Sold | $623,500 | +4.8% | $178 / Sq Ft | |
| 04/29/2022 04/29/22 | For Sale | $595,000 | +49.5% | $170 / Sq Ft | |
| 09/24/2019 09/24/19 | Sold | $398,000 | 0.0% | $114 / Sq Ft | View Prior Sale |
| 08/01/2019 08/01/19 | Off Market | $398,000 | -- | -- | |
| 08/01/2019 08/01/19 | Pending | -- | -- | -- | |
| 06/13/2019 06/13/19 | For Sale | $429,000 | -- | $123 / Sq Ft |
Source: Hudson Valley Catskills Region Multiple List Service
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $11,621 | $576,500 | $96,000 | $480,500 |
| 2024 | $11,666 | $559,000 | $93,000 | $466,000 |
| 2023 | $11,012 | $490,000 | $93,000 | $397,000 |
| 2022 | $11,369 | $422,000 | $93,000 | $329,000 |
| 2021 | $11,369 | $376,500 | $84,500 | $292,000 |
| 2020 | $8,710 | $339,000 | $76,000 | $263,000 |
Source: Public Records
Agents Affiliated with this Home
-
Greg Berardi
Seller's Agent in 2022
Greg Berardi
Berardi Realty
(845) 389-7895
127 Total Sales
-
G
Buyer's Agent in 2022
Gabrielle Edwards
Past Member
-
Angela Galetto
A
Seller's Agent in 2019
Angela Galetto
Amodio Real Estate & Prop
(845) 399-4298
10 Total Sales
-
Alan Kessler
Buyer's Agent in 2019
Alan Kessler
Andreassen Properties LLC
(310) 866-6625
5 Total Sales
Map
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20221144
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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.
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