NOT LISTED FOR SALE

25 Elberon Place Albany, NY 12203

Pine Hills Neighborhood
12 Beds
6 Baths
3,672 Sq Ft
42,163 Acres

Last Sold December 23, 2021

Last sale price $350,000 $95 Per Sq Ft

208 Days on Market

Highlights

  • Active Adult
  • No HOA
  • Baseboard Heating
  • 42,163 Acre Lot
  • Ceramic Tile Flooring
  • Level Lot

About This Home

As of December 2021

Back on market pending releases. Amazing investment opportunity close to colleges, schools, shopping, dining, major highways and walk to Washington Park! This amazing property is a legal 6 unit, basement units need to be completed, 4 upper units are rented. 7% cap rate with just 4 units rented. All utilities separate. Off street parking. Please allow 48 hour notice for showings, fill out covid disclosure and take the virtual tour before scheduling showing. Excellent Condition, Unfinished Condition

Last Agent to Sell the Property

Rebecca Cavalieri

Gabler Realty, LLC License #10401240433 Listed on: 03/03/2021

Gabler Realty, LLC

Last Buyer's Agent

T Michael Ferrigan

Berkshire Hathaway Home Services Blake

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,559

Year Built

  • Built in 1980

Lot Details

  • 42,163 Acre Lot
  • Lot Dimensions are 42x163
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Flooring

  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Finished Basement

  • Heated Basement
  • Walk-Out Basement

Parking

  • 6 Parking Spaces
  • Off-Street Parking

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, cable TV, electricity, gas
  • The owner pays for trash collection, sewer, snow removal, water
  • Legal Lot and Block 68 / 1
  • Assessor Parcel Number 010100 65.70-1-68

Community Details

Overview

  • Active Adult
  • No Home Owners Association
  • 6 Units

Building Details

  • Insurance Expense $2,386

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,559

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 1082.21
  • Zoning: Single Residence
  • Year Built: 1980
  • Directions: Western Ave to Quail St to Elberon Pl
  • Above Grade Finished Sq Ft: 3672.0
  • Architectural Style: Apartment 4 Plus Unit
  • Financial Details General Taxes: 4988.0
  • General Taxes Description: Estimated
  • Financial Details School Taxes: 7571.0
  • School Taxes Description: Estimated
  • Lot Size Acres: 42163.0
  • Lot Size: 42x163
  • Parking Features Parking Total: 6.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 6
  • Number of Separate Water Meters: 1
  • Electric Expense Description: Actual
  • Insurance Expense Description: Actual
  • Water Sewer Expense Description: Actual
  • Income: 44000.0
  • Income Description: Actual
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 4
  • Unit Information Number Of Stoves: 4
  • Unit Information Number Of Washers: 1
  • Percent Basement Finished: Yes
  • Flooring:Ceramic Tile: Yes
  • Basement Heated: Yes
  • Flooring:Vinyl: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Ceramic Tile
  • Basement: Finished, Heated, Walk-Out Access
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Below Grade Sq Ft: 1836.0
  • Living Area: 3672.0
  • Owner Pays: Trash Collection, Sewer, Snow Removal, Water
  • Basement:Walk-Out Access: Yes
  • Attic Features:Part: Yes
  • Unit 1 Owner Furnish Features:Sewer3: Yes
  • Unit 1 Owner Furnish Features:Water4: Yes
  • Unit 2 Owner Furnish Features:Sewer4: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 1 Owner Furnish Features:Trash2: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes
  • Unit 3 Owner Furnish Features:Sewer5: Yes
  • Unit 3 Owner Furnish Features:Trash4: Yes
  • Unit 3 Owner Furnish Features:Water6: Yes
  • Unit 4 Owner Furnish Features:Sewer6: Yes
  • Unit 4 Owner Furnish Features:Trash5: Yes
  • Unit 4 Owner Furnish Features:Water7: Yes
  • Unit 5 Owner Furnish Features:Sewer7: Yes
  • Unit 5 Owner Furnish Features:Trash6: Yes
  • Unit 5 Owner Furnish Features:Water8: Yes

Exterior Features

  • Roof: Rubber
  • Construction Type: Brick
  • Waterfront: No
  • Lot Features:Level: Yes
  • Construction Materials:Brick: Yes

Garage/Parking

  • Parking Features: Off Street
  • Attached Garage: No
  • Open Parking: No
  • Total Parking Spaces: 6.0
  • Parking Features:Off Street: Yes
  • Property Detail:Parking YN: No

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Baseboard, Natural Gas
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: Level
  • Parcel #: 010100 65.70-1-68
  • Lot Size Sq Ft: 1836620280.0
  • ResoLotSizeUnits: Acres

Rental Info

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

Multi Family

  • Insurance Expense: 2386.0
  • Number Of Units Total: 6

Tax Info

  • Tax Annual Amount: 12559.0
  • Tax Block: 1
  • Tax Lot: 68

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/23/2021 12/23/21 Sold $350,000 -5.4% $95 / Sq Ft
09/28/2021 09/28/21 Price Changed $369,900 0.0% $101 / Sq Ft
09/28/2021 09/28/21 For Sale $369,900 +5.7% $101 / Sq Ft
09/27/2021 09/27/21 Off Market $350,000 -- --
09/27/2021 09/27/21 Pending -- -- --
08/30/2021 08/30/21 For Sale $375,000 +7.1% $102 / Sq Ft
08/27/2021 08/27/21 Off Market $350,000 -- --
07/26/2021 07/26/21 Price Changed $375,000 -6.2% $102 / Sq Ft
03/03/2021 03/03/21 For Sale $399,900 -- $109 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Rebecca Cavalieri

    Seller's Agent in 2021

    Rebecca Cavalieri

    Gabler Realty, LLC

    (518) 210-4916

    6 in this area

    252 Total Sales

    Rebecca Cavalieri
    Section Image

  • T

    Buyer's Agent in 2021

    T Michael Ferrigan

    Berkshire Hathaway Home Services Blake

See All Agents

Map

Source: Global MLS

MLS Number: 202113087

Global MLS
New York Albany County Albany 12203 Pine Hills

25 Elberon Place, Albany, NY

Not Listed for Sale

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