2 months on rocket

572-574 Madison Ave, Albany, NY, 12208

$1,335,000

Home List Price

$10,000*

Closing Credit

13 Bedrooms
12 Full Baths
Multi

Location

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572-574 Madison Ave, Albany$1,335,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
Year Built1930
HeatingHot Water
BasementYes
MLS #202424730
Lot Size0.08 Acres
StatusActive

About 572-574 Madison Ave

Tax assessment to be reduced by 27% per notification. Two exceptional 6-unit Victorian meets modern multi-families overlooking Washington Park in Albany, NY. Exquisite original details - crown moldings, marble/ slate mantels, wood floors, pocket doors, medallions, archways, exposed brick & MORE! Incredibly desirable rental location. Walk to Albany Medical Center, Albany Law School, Lark St., The Egg, The Capital & more. Seller pays heat & hot water, water & sewer, garbage & snow removal.

Property Details

Property Features

Property Information:

  • Architectural Style: Apartment 4 Plus Unit
  • Year Built: 1930

Listing Office:

  • Office Name: Lincoln House Realty
  • Office Phone: (518) 469-6238
  • Listing Agent: John Alund

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 12
  • Total Bedroom Count: 13

Exterior Features

Exterior Information:

  • Exterior: None, Garden

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Hot Water

Other

Directions Information:

  • Directions: Madison Avenue overlooking Washington Park

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,335,000
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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

572-574 Madison Ave vs Albany

80 DAYS ON ROCKET

+59 Days

$1,335,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Albany, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Global MLS
  • MLS Number: #202424730

Listing Office:

  • Office Name: Lincoln House Realty
  • Office Phone: (518) 469-6238
  • Listing Agent: John Alund

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: 11/23/2024, 11:50:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$6,730

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,069

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NMLS#3030

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-1090438
1
/10

  • Giffen Memorial Elementary School

  • 274 S Pearl St

  • 0.30 miles

  • Public District Grades PK-5

school-card-donut-1090439
4
/10

  • Thomas S O'Brien Academy of Science & Technology

  • 94 Delaware Ave

  • 0.81 miles

  • Public Magnet Grades PK-6

school-card-donut-1090440
3
/10

  • Arbor Hill Elementary School

  • 1 Arbor Dr

  • 1.22 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 $20,667. Most Albany, NY residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Albany County›Albany›12208›572-574 Madison Ave

This home is located at 572-574 Madison Ave in Albany, NY and zip code 12208 in the Pastures neighborhood. This home, which was built in 1930, sits on a 0.08 acre lot. Features: 13 bedrooms, 12 bathrooms. It has been listed on Rocket Homes since September 04, 2024 and is currently priced at $1,335,000.

While more than 54 listings in Albany, NY in October 2024 were sold above asking price, there were more than 19 listings sold at asking price, and more than 46 were sold below. In October 2024 in Albany, NY there were 10.2% less homes for sale than in September 2024. In October 2024 median list price was $285,000 and the average listing age was 21 days.

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

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