new - 7 hours on rocket

537 Washington Ave, Albany, NY, 12206

$199,999

Home List Price

$2,375*

Closing Credit

6 Bedrooms
2 Full Baths, 1 Partial
2,204 SqFt
$91/SqFt
Multi

Location

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537 Washington Ave, Albany$199,999

Buyer Closing Credits

$2,375*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1907
HeatingHot Water, Radiant, Natural Gas
CoolingNone
BasementYes
MLS #202429514
Lot Size0.06 Acres
StatusActive

About 537 Washington Ave

Blank canvas you write the story on this purposely vacant 2 family in a prime location right on Washinton Ave. First floor unit is a 3bd 1.5Ba flat hardwoods are in good shape and great floor plan for traditional tenants or student rentals or great for owner occupy. Second Floor unit is 3Br 1Ba with small enclosed front porch and same floor plan as the first floor. Fully rented a projected NOI will yield a 11%+ Cap Rate so investors can enjoy a healthy cashflow or an owner occupy will be able to live with minimal expenses being paid for by the other tenant. This one will go fast so don't miss out, schedule a private showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1907
  • Living Area: 2,204 SqFt

Listing Office:

  • Office Name: The Property Shop
  • Office Phone: (518) 396-5850
  • Listing Agent: John M Bevilacqua

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Exterior: Porch Front, None

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Radiant, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Washington Avenue between Quail & Ontario.

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,999
  • Price Per SqFt: $91/SqFt

Tax Information:

  • Annual Amount: $3,707
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Albany, NY.

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Albany, NY

City

Med. Sold Price

$285K

Med. Price/SqFt

$177

Avg. Days On Market

21

# of Sold Homes

119

537 Washington Ave vs Albany

1 DAY ON ROCKET

-20 Days

$199,999

-$85K Less

$91/SqFt

-$86 Less

KEY TAKEAWAY

This property is $85K less than the Median Sold Price and $86/SqFt less than other homes in Albany, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Global MLS
  • MLS Number: #202429514

Listing Office:

  • Office Name: The Property Shop
  • Office Phone: (518) 396-5850
  • Listing Agent: John M Bevilacqua

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Copyright © 2024 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 11/21/2024, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 06, 2012Home Sold
$90,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,707$92,000
2019$3,490$92,000
2018$3,498$92,000
2017$3,393$92,000

History based on county public records data.

Payment Calculator

$1,066

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-377156
5
/10

  • Brighter Choice Charter School for Girls

  • 250 Central Ave

  • 0.26 miles

  • Public Charter Grades KG-5

school-card-donut-377157
6
/10

  • Brighter Choice Charter School for Boys

  • 116 N Lake Ave

  • 0.30 miles

  • Public Charter Grades KG-5

school-card-donut-377158
3
/10

  • Philip J. Schuyler Achievement Academy

  • 676 Clinton Ave

  • 0.42 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $21,179. The majority of Albany, NY residents have income less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Albany County›Albany›12206›537 Washington Ave

This home is located at 537 Washington Ave in Albany, NY and zip code 12206 in the Beverwyck neighborhood. This 2,204 square foot home, which was built in 1907, sits on a 0.06 acre lot. Features: 6 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $199,999.

Albany, NY housing market in October 2024 saw over 54 listings sold above listed price, more than 19 sold at listed price and over 46 sold below. The inventory of homes for sale in Albany, NY between September 2024 and October 2024 decreased by 10.2%. Listings spent 21 days on the market in October 2024, and had a median list price of $285,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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