NOT LISTED FOR SALE

371 State St Albany, NY 12210

Central Avenue Neighborhood
4 Beds
4 Baths
3,640 Sq Ft
1903 Built

Last Sold September 12, 2013

Last sale price $365,000 $100 Per Sq Ft

22 Days on Market

Highlights

  • Senior Community
  • Heating System Uses Natural Gas
  • 2-minute walk to Washington Park
  • No HOA

About This Home

As of September 2013

A 4-Unit Turn Key Center Square Multifamily Rental Investment Property - Documented Cash Flow Performance - Fully Occupied Leased Tenants - Cap Rate performance better than U.S. Metro Multifamily for Northeast - GOI = $46908 up to date CO's all units. Excellent Condition

Last Agent to Sell the Property

Ken Gehris

Unreal Estate Brokerage LLC Listed on: 05/31/2013

Last Buyer's Agent

Sandy Speranza

Howard Hanna Capital Inc License #40SP1007987

Howard Hanna Capital Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,268

Year Built

  • Built in 1903

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Rubber Roof
  • Stone Siding

Utilities

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

Listing and Financial Details

  • The owner pays for trash collection, snow removal, heat
  • Legal Lot and Block 80-3-36 / 65
  • Assessor Parcel Number 010100 010100-65-80-3-36

Community Details

Overview

  • Senior Community
  • No Home Owners Association

Building Details

  • Insurance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,268

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: 5+ Units
  • Electric Expense: 479.0
  • Year Built: 1903
  • Directions: East End Washington Park.
  • Above Grade Finished Sq Ft: 3640.0
  • Architectural Style: Quads
  • Financial Details General Taxes: 3680.0
  • Financial Details School Taxes: 5588.0
  • Sale Detail Seller Contribution: No
  • Senior Community YN: No Special Conditions
  • Income And Expenses Miscellaneous Expense: 2192.0
  • Income: 46908.0
  • Foundation Details:Slab: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Below Grade Sq Ft: 1050.0
  • Living Area: 3640.0
  • Owner Pays: Trash Collection, Snow Removal, Heat
  • Basement:Slab2: Yes
  • Unit 4 Owner Furnish Features:Owner Furnishes4: HT HW
  • Unit 2 Owner Furnish Features:Owner Furnishes2: Ht HW
  • Unit 3 Owner Furnish Features:Owner Furnishes3: Ht HW

Exterior Features

  • Roof: Rubber
  • Construction Type: Stone, Brick
  • Foundation Details: Slab
  • Construction Materials:Brick: Yes
  • Lot Features:Other45: Yes
  • Construction Materials:Stone5: Yes

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: Yes

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Fuel Expense: 2898.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Lot Features: See Remarks
  • Parcel #: 010100 010100-65-80-3-36

Multi Family

  • Insurance Expense: 1200.0

Tax Info

  • Tax Annual Amount: 9268.0
  • Tax Block: 65
  • Tax Lot: 80-3-36
  • Tax Tract: 010100

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

Property History

Date Event Price Change Sq Ft Price
09/12/2013 09/12/13 Sold $365,000 -7.6% $100 / Sq Ft
06/22/2013 06/22/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $395,000 -- $109 / Sq Ft
Source: Global MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2013

    Ken Gehris

    Unreal Estate Brokerage LLC

  • Sandy Speranza

    Buyer's Agent in 2013

    Sandy Speranza

    Howard Hanna Capital Inc

    (518) 331-8036

    1 in this area

    52 Total Sales

    Section Image

  • J

    Buyer's Agent in 2013

    Joan Allen

    RealtyUSA.com

See All Agents

Map

Source: Global MLS

MLS Number: 201320591

Global MLS

New York Albany County Albany 12203 Central Avenue

371 State St, Albany, NY

This home is located at 371 State St, Albany, NY 12210 since 31 May 2013. This property was built in 1903. 371 State St is a home located in Albany County with nearby schools including Giffen Memorial Elementary School, Stephen And Harriet Myers Middle School, and Albany High School.

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.

Global MLS 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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