Michael J. Carr
Responds Quickly
eXp Realty
(845) 439-2056
85 Total Sales
2 in Glasco
$485,000 Price Range
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Glasco, NY
-
Michael J. Carr
-
Thomasine Helsmoortel
Thomasine Helsmoortel
Helsmoortel Realty Inc.
(845) 328-4406
50 Total Sales
6 in Glasco
$249K - $674K Price Range
-
Amy Lonas
Amy Lonas
Coldwell Banker Village Green
(845) 415-1511
126 Total Sales
3 in Glasco
$297K - $340K Price Range
-
Frank Tangredi
Frank Tangredi
Responds QuicklyFrank Tangredi Realty Company
(845) 420-3064
57 Total Sales
1 in Glasco
$525,000 Price
-
Randy Spiesman
Randy Spiesman
WEICHERT REALTORS THE SPIESMAN GROUP
(845) 382-8746
48 Total Sales
2 in Glasco
$515,000 Price Range
-
Stefan Bolz
Stefan Bolz
Hudson Dwellings Realty
(845) 552-4554
66 Total Sales
1 in Glasco
$299,900 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 | ||
| 22 Albany St Llc | $398,000 | -- | |
| Creith Alexander | $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
-
GE
Buyer's Agent in 2022
Gabrielle Edwards
Past Member
-
Angela Galetto
AG
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
4 Total Sales
Map
Source: Hudson Valley Catskills Region Multiple List Service
MLS Number: 20221144
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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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