NOT LISTED FOR SALE

Estimated Value: $172,000 - $238,000

6 Beds
3 Baths
2,700 Sq Ft
$77/Sq Ft Est. Value

Last Sold August 31, 2023

Last sale price $120,000 $44 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $1,378/month

29 Days on Market

Highlights

  • Wood Flooring
  • Window Unit Cooling System
  • Level Lot
  • No HOA
  • Baseboard Heating
  • Wood Siding

About This Home

As of August 2023

Great To Start Or Add To Your Business Portfolio Consists Of A Total Of 22 Apartments And 10 Buildings With A Great Cap Rate. Some Of Units Have Been Recently Updated. All Utilities Are Separate. Address For All Units Includes. (2) 28 Lexington Ave (2) 323 1st St (2) 307 1st St (2) 281 2nd St (2) 47 Watervliet Ave (3) 430 3rd St (2) 136 Green St (2) 476 Clinton Ave. This Is A Must See Deal. SOLD AS IS. Good Condition

Last Agent to Sell the Property

Shawn Clark

M J J Realty License #10401248110 Listed on: 07/11/2022

Last Buyer's Agent

Shawn Clark

M J J Realty License #10401248110 Listed on: 07/11/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,673

Year Built

  • Built in 1872

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 20.3 x 79
  • Back Yard Fenced
  • Level Lot

Home Design

  • Triplex
  • Brick Foundation
  • Rubber Roof
  • Wood Siding

Interior Spaces

  • 2,700 Sq Ft Home
  • 3-Story Property
  • Apartment Living Space in Basement
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Schools

  • Albany High School

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • 100 Amp Service
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for heat, internet, cable TV, dsl internet, electricity, gas
  • The owner pays for trash collection, snow removal, water
  • Legal Lot and Block 74 / 4
  • Assessor Parcel Number 010100 65.64-4-74

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,673

Year Built

Built in 1872

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Triplex
  • Zoning: Multi Residence
  • Year Built: 1872
  • Directions: First St to Lexington Ave
  • Above Grade Finished Sq Ft: 2700.0
  • Financial Details General Taxes: 1496.0
  • General Taxes Description: Actual
  • Financial Details School Taxes: 1177.0
  • School Taxes Description: Actual
  • Lot Size Acres: 0.04
  • Lot Size: 20.3 x 79
  • New Construction: No
  • Sale Detail Buyer Zip Code: 11691
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Rental Income: 2550.0
  • Rental Income Description: Estimated
  • Flooring:Carpet: Yes
  • Flooring:Laminate: Yes
  • Fencing:Back Yard: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Ceramic Tile: Yes
  • Electric:Circuit Breakers: Yes
  • Foundation Details:BrickMortar: Yes
  • Levels Three Or More: Yes
  • Special Features: None

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
  • Basement: Apartment
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Living Area: 2700.0
  • Owner Pays: Trash Collection, Snow Removal, Water
  • Attic Features:Hatch: Yes
  • Basement:Apartment: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Rubber
  • Construction Type: Wood Siding
  • Fencing: Back Yard
  • Foundation Details: Brick/Mortar
  • Waterfront: No
  • Construction Materials:Wood Siding: Yes
  • Exterior Features:None37: Yes
  • Lot Features:Level: 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, Cable Connected
  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Electric: 100 Amp Service, Circuit Breakers
  • Heating: Baseboard, Natural Gas
  • Laundry Features: None
  • Security: Smoke Detector(s)
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Baseboard: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Schools

  • Junior High Dist: Albany

Lot Info

  • Land Lease: No
  • Lot Features: Level
  • Parcel #: 010100 65.64-4-74
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Heat, Internet, Cable TV, DSL Internet, Electricity, Gas

Tax Info

  • Tax Annual Amount: 2673.0
  • Tax Block: 4
  • Tax Lot: 74
  • Tax Tract: 65.64

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Aug 30, 2023
Sold by
Mj Capital Group Llc
Bought by
Rock East Holdings Llc
Seller's Agent
Shawn Clark
M J J Realty
Buyer's Agent
Shawn Clark
M J J Realty
List Price
$130,000
Sold Price
$120,000
Premium/Discount to List
-$10,000
-7.69%
Views
92
Current Estimated Value
$208,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,333
Avg. Annual Appreciation
28.67%
Original Mortgage
$1,005,000
Outstanding Balance
$987,895
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
-$791,228

Purchase Details

Closed on
Dec 22, 2005
Sold by
Hamilton Arbor Associates Llc
Bought by
Lexington First Holdings Llc
Source: Public Records

Range of Values:

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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
Rock East Holdings Llc $990,000 Kings Title
Lexington First Holdings Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rock East Holdings Llc $1,005,000
Previous Owner Mj Capital Group Llc $760,500
Previous Owner Mj Captal Group Llc $569,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2023 08/31/23 Sold $120,000 -7.7% $44 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
07/11/2022 07/11/22 For Sale $130,000 -- $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 $2,912 $120,000 $24,000 $96,000
2023 $2,241 $50,000 $10,000 $40,000
2022 $2,197 $50,000 $10,000 $40,000
2021 $2,193 $50,000 $10,000 $40,000
2020 $1,897 $50,000 $10,000 $40,000
2019 $1,969 $50,000 $10,000 $40,000
2018 $1,902 $50,000 $10,000 $40,000
2017 $1,133 $50,000 $10,000 $40,000
2016 $2,251 $50,000 $10,000 $40,000
2015 $1,703 $46,400 $9,300 $37,100
2014 -- $46,400 $9,300 $37,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202222261

Global MLS

APN: 010100-065-064-0004-074-000-0000