4 months on rocket

948 Washington Ave, Albany, NY, 12203

$859,900

Home List Price

$10,000*

Closing Credit

12 Bedrooms
6 Full Baths
6,360 SqFt
$135/SqFt
Multi

Location

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948 Washington Ave, Albany$859,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOff Street, Paved, Detached, Garage
Garage4 spaces
Year Built1950
HeatingHot Water, Natural Gas
CoolingNone
MLS #202420877
Lot Size0.16 Acres
StatusActive

About 948 Washington Ave

School taxes just went down $1500! You don't have buildings like these come on the market often! Family built and owned this well cared for 6 unit has been carefully updated and maintained all it's life. Located minutes to hospitals, shopping, Harriman Campus and Nano Tech. The apartments boast generous size rooms, multiple closets, hardwood floors on upper levels and nice appliances. Lower level units have waterproof flooring. Upper 4 units all have comfortable back porches. There is a 4 car garage in the rear of the building as well as additional parking. The driveway has been recently repaved. All rents include heat & hot water, tenants pay for electric and cable. Roof replace in 2020. Most of the windows have been replaced. Must be sold as a package with 950 Washington Ave.

Property Details

Property Features

Property Information:

  • Architectural Style: Apartment 4 Plus Unit
  • Year Built: 1950
  • Living Area: 6,360 SqFt

Listing Office:

  • Office Name: Coldwell Banker Prime Properties
  • Office Phone: (518) 439-9600
  • Listing Agent: Terry Weinman

Interior Features

Interior Information:

  • Basement: No
  • Flooring Type: Vinyl, Ceramic Tile, Hardwood, Linoleum
  • Interior: Paddle Fan, Ceramic Tile Bath

Bedroom and Bathroom Information:

  • Full Bathrooms: 6
  • Total Bedroom Count: 12

Exterior Features

Exterior Information:

  • Exterior: Porch, None

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: No
  • Parking: Off Street, Paved, Detached, Garage

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Between Winthrop Ave. & Manning Blvd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $859,900
  • Price Per SqFt: $135/SqFt

Tax Information:

  • Annual Amount: $15,870
  • 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

948 Washington Ave vs Albany

132 DAYS ON ROCKET

+111 Days

$859,900

+$574.9K More

$135/SqFt

-$42 Less

KEY TAKEAWAY

This property is $574.9K more than the Median Sold Price and $42/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: #202420877

Listing Office:

  • Office Name: Coldwell Banker Prime Properties
  • Office Phone: (518) 439-9600
  • Listing Agent: Terry Weinman

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: 11/17/2024, 6:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$15,870$323,600
2019$15,572$323,600
2018$14,801$323,600
2017$15,315$323,600

History based on county public records data.

Payment Calculator

$4,359

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,645

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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-504182
2
/10

  • Pine Hills Elementary School

  • 41 N Allen St

  • 0.40 miles

  • Public District Grades PK-5

school-card-donut-504183
7
/10

  • Henry Johnson Charter School

  • 30 Watervliet Ave

  • 0.48 miles

  • Public Charter Grades KG-4

school-card-donut-504184
3
/10

  • Philip J. Schuyler Achievement Academy

  • 676 Clinton Ave

  • 0.80 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 $80,469. Most Albany, NY residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Albany County›Albany›12203›948 Washington Ave

This home is located at 948 Washington Ave in Albany, NY and zip code 12203 in the Melrose neighborhood. This 6,360 square foot home, which was built in 1950, sits on a 0.16 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 08, 2024 and is currently priced at $859,900.

Over 54 listings were sold over their listed price in October 2024 in Albany, NY. In the same period over 46 listings were sold below the listed price and 19 listings were sold for the listed price. In October 2024 in Albany, NY there were 10.2% less homes for sale than in September 2024. The median list price of listings available in October 2024 was $285,000, while the average time on the real estate market was 21 days.

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

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