10 days on rocket

580 1st Ave, Troy, NY, 12182

$465,000

Home List Price

$5,522*

Closing Credit

10 Bedrooms
5 Full Baths
5,704 SqFt
$82/SqFt
Multi

Location

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580 1st Ave, Troy$465,000

Buyer Closing Credits

$5,522*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1770
HeatingHot Water, Natural Gas
BasementYes
ViewRiver
MLS #202430334
Lot Size0.27 Acres
StatusActive

About 580 1st Ave

Exceptional investment or owner-occupied opportunity with a 10.2% cap rate! This historic 4-unit property with Hudson River views, circa 1707, is the oldest structure in Lansingburgh, known as ''The Old House''. Timeless charm abounds with coffered ceilings, original woodwork, and custom millwork. Each unit includes washer/dryer hookups and separate gas furnaces (2010). Highlights include the 1,600 sq ft Unit 2N with 4 beds, 2 baths, and sunlit living room, and Unit 1, the original library, with coffered ceilings and a marble fireplace. Unit 2S boasts a renovated kitchen, living room, and unique ''Beehive construction'' upstairs. Situated on a double lot with an 8-ft block wall and Siena Gate, this is a rare historical gem!

Property Details

Property Features

Property Information:

  • Year Built: 1770
  • Living Area: 5,704 SqFt

Listing Office:

  • Office Name: KW Platform
  • Office Phone: (518) 724-5800
  • Listing Agent: Marion DeSantis

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Tile, Wood
  • Interior: Built-in Features, Crown Molding

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 10

Exterior Features

Exterior Information:

  • View: River
  • Exterior: Block Fence, Gate, Porch, Deck, Porch Front, None

Lot Features

Lot Information:

  • Lot: Level, Views
  • Lot Size: 0.27 Acres

Utilities

Utilities Information:

  • Heating: Hot Water, Natural Gas

Other

Directions Information:

  • Directions: 116th Street to 1st Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $465,000
  • Price Per SqFt: $82/SqFt

Tax Information:

  • Annual Amount: $8,317
  • Tax Year: 2020
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Housing Market Comparison

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

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Troy, NY

City

Med. Sold Price

$250K

Med. Price/SqFt

$143

Avg. Days On Market

24

# of Sold Homes

58

580 1st Ave vs Troy

10 DAYS ON ROCKET

-14 Days

$465,000

+$215K More

$82/SqFt

-$62 Less

KEY TAKEAWAY

This property is $215K more than the Median Sold Price and $62/SqFt less than other homes in Troy, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Global MLS
  • MLS Number: #202430334

Listing Office:

  • Office Name: KW Platform
  • Office Phone: (518) 724-5800
  • Listing Agent: Marion DeSantis

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: 12/22/2024, 8:21:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 08, 2010Home Sold
$83,250

Tax History

YEARPROP. TAXASSESSMENT
2020$8,317$190,000
2019$3,916$190,000
2018$5,894$190,000
2017$5,818$190,000

History based on county public records data.

Payment Calculator

$2,388

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,461

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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-923759
2
/10

  • Rensselaer Park Elementary School

  • 70 110th St

  • 0.69 miles

  • Public District Grades 3-5

school-card-donut-923760
6
/10

  • Van Schaick Island School

  • 150 Continental Ave

  • 0.69 miles

  • Public District Grades PK-5

school-card-donut-923761
4
/10

  • Abram Lansing School

  • 26 James St

  • 1.63 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 $31,410. The most common annual income of people living in Troy, NY is less than $35k. The most common type of family 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›Rensselaer County›Troy›12182›580 1st Ave

This home is located at 580 1st Ave in Troy, NY and zip code 12182. This 5,704 square foot home, which was built in 1770, sits on a 0.27 acre lot. Features: 10 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 11, 2024 and is currently priced at $465,000.

Troy, NY housing market in November 2024 saw over 28 listings sold above listed price, more than 12 sold at listed price and over 18 sold below. The number of listings in Troy, NY decreased by 22.9% between October 2024 and November 2024. Listings spent 24 days on the market in November 2024, and had a median list price of $250,000 during the same period.

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

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