Seller's Agent in 2023
Michael Foley
Frontline Realty Group LLC
(631) 664-8200
1 in this area
89 Total Sales
490 Yates St Albany, NY 12208
Pine Hills NeighborhoodEstimated Value: $194,000 - $226,000
6
Beds
2
Baths
2,065
Sq Ft
$103/Sq Ft
Est. Value
About This Home
As of July 2023Welcome to your next investment opportunity! This amazing home has been a prime college rental for over 15 years, consistently renting to students from Saint Rose and SUNY Albany. The property will be delivered vacant, making it a perfect opportunity for a new owner to take over and start earning rental income right away. Each flat offers three spacious bedrooms, which have been rented out individually for $450 per room per student. With a total of six bedrooms, the potential rental income is a staggering $2,700 per month. Imagine the possibilities! The exterior is low-maintenance with no driveway and a small yard, making upkeep even easier. Located just a short distance from Saint Rose, this property is perfectly situated for students looking for a convenient and comfortable living space. The second floor was recently updated in 2021, so you can rest assured that this property is in excellent condition. But the best part? The property has super low taxes and gas heat, making it an even more attractive investment opportunity. Don't miss out on this amazing investment opportunity that has a proven track record of success. Schedule your appointment today and start earning rental income tomorrow! First floor does need some renovation, price reduction reflects that! Great Value add opportunity
Last Agent to Sell the Property
Frontline Realty Group LLC License #10491211746 Listed on: 03/06/2023
Last Buyer's Agent
Frontline Realty Group LLC License #10491211746 Listed on: 03/06/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,766
Year Built
- Built in 1920 | Remodeled in 2021
Lot Details
- 2,613 Sq Ft Lot
- No Common Walls
Parking
- Private Parking
Home Design
- Duplex
- Frame Construction
- Vinyl Siding
Interior Spaces
- 2,065 Sq Ft Home
- 2-Story Property
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
Schools
- New Scotland Elementary School
- William S Hackett Middle School
- Albany High School
Utilities
- No Cooling
- Baseboard Heating
- Heating System Uses Natural Gas
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 6, 2023
Closed on
Jul 19, 2023
Sold by
Zaneski Connor and Zaneski Kevin
Bought by
Ragone Charles and Matuszyk Trevor
Seller's Agent
Michael Foley
Frontline Realty Group LLC
Buyer's Agent
Michael Foley
Frontline Realty Group LLC
List Price
$180,000
Sold Price
$170,000
Premium/Discount to List
-$10,000
-5.56%
Views
149
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,119
Avg. Annual Appreciation
9.88%
Original Mortgage
$161,500
Outstanding Balance
$157,590
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$55,529
Purchase Details
Listed on
Mar 20, 2021
Closed on
Jun 17, 2021
Sold by
Liu Meng Lin
Bought by
Zaneski Connor and Zaneski Kevin
Seller's Agent
Steven Sbardella
518 Realty.Com Inc
Buyer's Agent
Rob Grundman
Principal Realty Group LLC
List Price
$175,000
Sold Price
$185,000
Premium/Discount to List
$10,000
5.71%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.97%
Original Mortgage
$157,250
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 31, 2011
Sold by
Wu Grace
Bought by
Liu Meng Lin
Purchase Details
Closed on
Nov 27, 2009
Sold by
Wu Grace and Truong Brian
Bought by
Wu Grace and Truong Brian
Purchase Details
Closed on
Aug 26, 2005
Sold by
Awoyele Olubunmi
Bought by
Wu Grace
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,900
Interest Rate
5.38%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 7, 2003
Sold by
Rice Eva
Bought by
Awoyele Olumbunmi
Purchase Details
Closed on
Mar 9, 1998
Sold by
Feigenbaum Steven
Bought by
Rice Eva
Purchase Details
Closed on
Jan 13, 1998
Sold by
Cohoes Savings Bank
Bought by
Feigenbaum Steven
Purchase Details
Closed on
Apr 1, 1997
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ragone Charles | $170,000 | None Listed On Document | |
| Zaneski Connor | $185,000 | None Available | |
| Liu Meng Lin | $45,000 | -- | |
| Liu Meng Lin | $45,000 | None Available | |
| Wu Grace | -- | None Available | |
| Wu Grace | $79,900 | Brown & Brown | |
| Awoyele Olumbunmi | $60,500 | Jay A Smith | |
| Rice Eva | $30,000 | -- | |
| Feigenbaum Steven | $12,500 | -- | |
| -- | $65,460 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ragone Charles | $161,500 | |
| Previous Owner | Zaneski Connor | $157,250 | |
| Previous Owner | Wu Grace | $63,900 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/19/2023 07/19/23 | Sold | $170,000 | -5.6% | $82 / Sq Ft | |
| 05/12/2023 05/12/23 | Pending | -- | -- | -- | |
| 05/10/2023 05/10/23 | For Sale | $180,000 | +5.9% | $87 / Sq Ft | |
| 05/06/2023 05/06/23 | Off Market | $170,000 | -- | -- | |
| 04/09/2023 04/09/23 | Price Changed | $180,000 | -2.7% | $87 / Sq Ft | |
| 04/03/2023 04/03/23 | Price Changed | $185,000 | -7.5% | $90 / Sq Ft | |
| 03/09/2023 03/09/23 | For Sale | $199,900 | +8.1% | $97 / Sq Ft | |
| 06/17/2021 06/17/21 | Sold | $185,000 | +5.7% | $90 / Sq Ft | View Prior Sale |
| 03/29/2021 03/29/21 | Pending | -- | -- | -- | |
| 03/19/2021 03/19/21 | For Sale | $175,000 | -- | $85 / Sq Ft |
Source: OneKey® MLS
Tax History Compared to Growth
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 | $4,766 | $176,000 | $41,800 | $134,200 |
| 2023 | $1,875 | $43,000 | $8,600 | $34,400 |
| 2022 | $1,837 | $43,000 | $8,600 | $34,400 |
| 2021 | $1,834 | $43,000 | $8,600 | $34,400 |
| 2020 | $1,782 | $43,000 | $8,600 | $34,400 |
| 2019 | $1,693 | $43,000 | $8,600 | $34,400 |
| 2018 | $1,852 | $43,000 | $8,600 | $34,400 |
| 2017 | $962 | $43,000 | $8,600 | $34,400 |
| 2016 | $1,586 | $43,000 | $8,600 | $34,400 |
| 2015 | $1,652 | $45,000 | $17,700 | $27,300 |
| 2014 | -- | $45,000 | $17,700 | $27,300 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Foley
-
Steven Sbardella
Seller's Agent in 2021
Steven Sbardella
518 Realty.Com Inc
(518) 209-8221
9 in this area
175 Total Sales
-
R
Buyer's Agent in 2021
Rob Grundman
Principal Realty Group LLC
Map
Source: OneKey® MLS
MLS Number: KEY3462684
APN: 010100-064-076-0001-047-000-0000
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.
The data relating to real estate for sale or lease on this web site comes in part from OneKey® MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the OneKey® MLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker.
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.
Copyright 2025 OneKey® MLS. All rights reserved.
Nearby Homes
- 495 Morris St
- 866 Madison Ave
- 661 Myrtle Ave
- 645 Myrtle Ave
- 824 Madison Ave
- 514 Morris St
- 685 Myrtle Ave
- 687 Myrtle Ave
- 800 Madison Ave
- 891 Madison Ave
- 538 Hamilton St
- 517 Hamilton St
- 274 Partridge St
- 475 Hamilton St
- 531 Hamilton St
- 249 Quail St
- 302 Quail St
- 455 Hamilton St
- 563 Morris St
- 452 Hudson Ave
- 488 Yates St
- 486 Yates St
- 492 Yates St
- 496 Yates St
- 313 Ontario St
- 315 Ontario St
- 498 Yates St
- 489 Morris St
- 319 Ontario St
- 319 Ontario St Unit 2nd Floor
- 319 Ontario St Unit 1st Floor
- 319 Ontario St Unit upstair
- 4xx Morris St Unit FL2
- 491 Morris St Unit FL2
- 491 Morris St
- 493 Morris St
- 317 Ontario St
- 500 Yates St
- 497 Morris St
- 502 Yates St