NOT LISTED FOR SALE

49 Main St Cohoes, NY 12047

Estimated Value: $186,000 - $229,000

4 Beds
2 Baths
2,136 Sq Ft
$99/Sq Ft Est. Value

Last Sold May 12, 2023

Last sale price $202,000 $95 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,557/month

4 Days on Market

Highlights

  • No HOA
  • Forced Air Heating System
  • High Speed Internet
  • Bathroom on Main Level
  • Hot Water Heating System

About This Home

As of May 2023

Current List Price delivers an 11% Cap Rate!!
Newly Renovated 2 Family property in the Heart of Cohoes. All New Electrical, sewer, furnaces, flooring, windows, flooring, kitchen and baths. Each unit is 2 bed/ 1 bath w/ family rooms. Laundry Hookups in each unit. Looking to add to your portfolio or maybe a future owner occupy? This would be perfect property without the costs of renovations. Currently generating 2500$ month in rental income. Come see for yourself! Book an appointment today.

Last Agent to Sell the Property

Patrick Hartman

Field Realty License #10401343100 Listed on: 03/23/2023

Last Buyer's Agent

Victoria Nye

Howard Hanna Capital Inc License #10401298564

Howard Hanna Capital Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,800

Year Built

  • Built in 1890 | Remodeled

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 100

Home Design

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

Interior Spaces

  • 2,136 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • 150 Amp Service
  • High Speed Internet

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for hot water, heat, internet, water, cable TV, electricity, gas
  • Assessor Parcel Number 10.67-1-23

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,800

Year Built

Built in 1890 | Remodeled

Lot Details

2,614 Sq Ft Lot

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1890
  • Directions: Columbia St to Main St
  • Above Grade Finished Sq Ft: 2136.0
  • Financial Details School Taxes: 2513.71
  • School Taxes Description: Actual
  • Lot Size Acres: 0.06
  • Lot Size: 25 x 100
  • New Construction: No
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Rental Income: 2500.0
  • Rental Income Description: Monthly
  • Income: 30000.0
  • Income Description: Yearly
  • Flooring:Laminate: Yes
  • Foundation Details:Stone4: Yes
  • Electric:Circuit Breakers: Yes
  • Foundation Details:BrickMortar: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate
  • Basement: Full
  • Interior Amenities: High Speed Internet
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Living Area: 2136.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Interior Features:High Speed Internet: Yes
  • Full Basement: Yes
  • Attic Features:Hatch: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Rubber
  • Construction Type: Stone, Brick
  • Foundation Details: Brick/Mortar, Stone
  • Waterfront: No
  • Property Condition: Updated/Remodeled
  • Exterior Features:None37: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Stone5: Yes

Garage/Parking

  • Parking Features: None
  • Attached Garage: No
  • Open Parking: No
  • Property Detail:Parking YN: No
  • Parking Features:None11: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Electric: 150 Amp Service, Circuit Breakers
  • Heating: Forced Air, Hot Water, Natural Gas
  • Security: Smoke Detector(s), Carbon Monoxide Detector(s)
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes
  • Heating:Forced Air: Yes
  • Heating:Hot Water: Yes
  • Heating:Natural Gas2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No
  • Unit 1 Amenities:High Speed Internet3: Yes
  • Unit 2 Amenities:High Speed Internet4: Yes

Schools

  • Junior High Dist: Cohoes

Lot Info

  • Parcel #: 10.67-1-23
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres

Rental Info

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

Tax Info

  • Tax Annual Amount: 3800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Jan 21, 2021
Sold by
Ikram Ahad
Bought by
17 Clark Ave Llc
Seller's Agent
Lucy Ann Sokaris
Hunt ERA
Buyer's Agent
Patrick Hartman
Field Realty
List Price
$79,900
Sold Price
$65,000
Premium/Discount to List
-$14,900
-18.65%
Current Estimated Value
$212,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,270
Avg. Annual Appreciation
25.78%
Original Mortgage
$38,870
Interest Rate
2.6%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 22, 2019
Sold by
Galarneau Eric
Bought by
Ikram Ahad

Purchase Details

Closed on
Sep 12, 2000
Sold by
Neissen Kenneth G
Bought by
Neissen John D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
17 Clark Ave Llc $65,000 Chicago Title Insurance Co
Ikram Ahad $35,000 Web Title
Neissen John D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 17 Clark Ave Llc $38,870
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/12/2023 05/12/23 Sold $202,000 +16060.0% $95 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/24/2023 03/24/23 Rented $1,250 -99.4% --
03/24/2023 03/24/23 Under Contract -- -- --
03/23/2023 03/23/23 For Sale $199,900 0.0% $94 / Sq Ft
03/23/2023 03/23/23 For Rent $1,250 0.0% --
01/21/2021 01/21/21 Sold $65,000 -18.6% $30 / Sq Ft View Prior Sale
10/31/2020 10/31/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $79,900 0.0% $37 / Sq Ft
08/05/2020 08/05/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $79,900 -- $37 / Sq Ft
Source: Global MLS

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
2025 $5,079 $66,300 $6,200 $60,100
2024 $5,079 $66,300 $6,200 $60,100
2023 $3,593 $66,300 $6,200 $60,100
2022 $3,486 $66,300 $6,200 $60,100
2021 $3,103 $56,300 $6,200 $50,100
2020 $2,115 $56,300 $6,200 $50,100
2019 $1,731 $56,300 $6,200 $50,100
2018 $2,053 $56,300 $6,200 $50,100
2017 $2,835 $56,300 $6,200 $50,100
2016 $1,420 $56,300 $6,200 $50,100
2015 -- $56,300 $6,200 $50,100
2014 -- $56,300 $6,200 $50,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202313707

Global MLS

APN: 010300-010-067-0001-023-000-0000

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