NOT LISTED FOR SALE

Estimated Value: $227,000 - $288,000

6 Beds
2 Baths
1,744 Sq Ft
$148/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $265,000 $152 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,797/month

8 Days on Market

Highlights

  • 24-Hour Security
  • No HOA
  • Bathroom on Main Level
  • Wood Flooring
  • Window Unit Cooling System
  • 3-minute walk to Beverwyck Park

About This Home

As of November 2024

Exceptional opportunity to own a well-maintained two-family home in a highly desirable Albany neighborhood. This property stands out with its solid rental history and a range of recent updates that make it an ideal asset for both new and experienced investors. Each of the two spacious units is rented by reliable tenants, generating over $30,000 in annual rental income. Enjoy peace of mind with the numerous upgrades, including brand new hot water tanks, appliances, washer & dryer, flooring, and beautifully renovated bathroom. These improvements will ensure minimal maintenance and a hassle-free ownership experience for years to come. Situated in a high-demand area, this property promises continued strong rental returns and long-term value.
Act quickly and schedule your showing!

Last Agent to Sell the Property

Stela Koeva

Real Broker NY LLC License #10401345420 Listed on: 09/11/2024

Real Broker NY LLC

Last Buyer's Agent

Ali Khan

The People's Real Estate Group License #10401319004

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,317

Year Built

  • Built in 1920

Lot Details

  • 1,742 Sq Ft Lot
  • Back Yard Fenced

Parking

  • Open Parking

Home Design

  • Duplex
  • Rubber Roof

Interior Spaces

  • 1,744 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement
  • Laundry in Basement

Flooring

  • Wood
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Schools

  • Albany High School

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System

Community Details

  • No Home Owners Association
  • Insurance Expense $1,900
  • 24-Hour Security

Listing and Financial Details

  • Tenant pays for internet, snow removal, cable TV, electricity
  • The owner pays for trash collection, water
  • Legal Lot and Block 19.000 / 5
  • Assessor Parcel Number 010100 65.61-5-19

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,317

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: MultiFamily
  • Property Sub Type: Duplex
  • Year Built: 1920
  • Directions: take Washingtov ave
  • Above Grade Finished Sq Ft: 1744.0
  • Architectural Style: Other
  • Lot Size Acres: 0.04
  • New Construction: No
  • Road Frontage Type: Other
  • Sale Detail Seller Contribution: No
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Electric Expense Description: Tenant
  • Insurance Expense Description: Actual
  • Water Sewer Expense Description: Actual
  • Rental Income: 30300.0
  • Rental Income Description: Actual
  • Unit Information Number Of Dryers: 1
  • Number of Refrigerators: 2
  • Unit Information Number Of Stoves: 2
  • Unit Information Number Of Washers: 1
  • Flooring:Laminate: Yes
  • Fencing:Back Yard: Yes
  • Flooring:Hardwood: Yes
  • Flooring:Vinyl: Yes
  • Laundry Features:In Basement: Yes
  • Electric:Circuit Breakers: Yes
  • Levels Two: Yes
  • Special Features: None

Interior Features

  • Flooring: Vinyl, Tile, Hardwood, Laminate
  • Basement: Unfinished, Other
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Living Area: 1744.0
  • Bathroom Levels Full Bathroom 1: 1st
  • Bathroom Levels Full Bathroom 2: 2nd
  • Owner Pays: Trash Collection, Water
  • Attic Features:Other54: Yes
  • Basement:Unfinished: Yes
  • Unit 2 Owner Furnish Features:Water5: Yes
  • Unit 2 Owner Furnish Features:Trash3: Yes

Exterior Features

  • Exterior Features: None
  • Roof: Rubber
  • Construction Type: Other
  • Fencing: Back Yard
  • Waterfront Features: Other
  • Waterfront: No
  • Exterior Features:None37: Yes
  • Waterfront Features:Other47: Yes
  • Construction Materials:Other38: Yes

Garage/Parking

  • Open Parking: Yes
  • Property Detail:Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heating: Hot Water
  • Laundry Features: In Basement
  • Security: 24 Hour Security
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Heating:Hot Water: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Parcel Tax HOA:Association YN: No

Fee Information

  • Annual Water Sewer Expense: 450.0

Schools

  • Junior High Dist: Albany

Lot Info

  • Parcel #: 010100 65.61-5-19
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Internet, Snow Removal, Cable TV, Electricity

Multi Family

  • Insurance Expense: 1900.0

Tax Info

  • Tax Annual Amount: 5316.82
  • Tax Block: 5
  • Tax Lot: 19.000

MLS Schools

  • HighSchool: Albany

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Nov 14, 2024
Sold by
Trevejo Property Management Llc
Bought by
Rizwan Effat
Seller's Agent
Stela Koeva
Real Broker NY LLC
Buyer's Agent
Ali Khan
The People's Real Estate Group
List Price
$289,000
Sold Price
$265,000
Premium/Discount to List
-$24,000
-8.3%
Views
10
Current Estimated Value
$257,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,444
Avg. Annual Appreciation
-2.65%
Original Mortgage
$215,200
Outstanding Balance
$213,137
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$44,419

Purchase Details

Closed on
Sep 17, 2015
Sold by
Vandoren Chris and Vandoren Noreen
Bought by
Dwyer Peter E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,000
Interest Rate
3.97%

Purchase Details

Closed on
Mar 21, 2006
Sold by
Fierro Thomas
Bought by
Vandoren Chris

Purchase Details

Closed on
Feb 11, 2003
Sold by
Hennesey James B and Hennesey Khalan S
Bought by
Fierro Thomas
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
Rizwan Effat $269,000 None Listed On Document
Dwyer Peter E $136,000 None Available
Vandoren Chris $65,000 --
Fierro Thomas $43,000 Nick Criscione
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rizwan Effat $215,200
Previous Owner Dwyer Peter E $102,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2024 11/15/24 Sold $265,000 -8.3% $152 / Sq Ft
09/19/2024 09/19/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $289,000 +44.5% $166 / Sq Ft
08/08/2022 08/08/22 Sold $200,000 +0.1% $111 / Sq Ft View Prior Sale
06/06/2022 06/06/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $199,900 -- $111 / 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 $5,356 $202,800 $36,400 $166,400
2023 $5,462 $134,000 $26,800 $107,200
2022 $5,345 $134,000 $26,800 $107,200
2021 $5,333 $134,000 $26,800 $107,200
2020 $5,084 $134,000 $26,800 $107,200
2019 $5,276 $134,000 $26,800 $107,200
2018 $5,110 $134,000 $26,800 $107,200
2017 $1,945 $134,000 $26,800 $107,200
2016 $4,942 $134,000 $26,800 $107,200
2015 $2,496 $68,000 $13,600 $54,400
2014 -- $68,000 $13,600 $54,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Global MLS

MLS Number: 202425168

Global MLS

APN: 010100-065-061-0005-019-000-0000