Closed

$329,900

708 State Street, Albany, NY 12203

6beds

2,024sqft

Duplex, Multi Family

Built in 1920

-- sqft lot

$342,400 Zestimate^®

$163/sqft

$1,551 Estimated rent

Home value

$342,400

$301,000 - $390,000

$1,551/mo

Zestimate^® history

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Owner options

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$1,551/mo

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$1,551/mo

Rent Zestimate^®

Refinance and save

$2,204/mo

Est. payment

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$2,204/mo

Est. payment

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What's special

This 2 unit was completely renovated in 2022 including new furnace and central air units in each apartment. Currently 1st floor owner occupied second floor AirBNB with monthly average income of $2650. CAP Rate as AirBNB High Market 18.4% Low Market 14.4%. As Long Term Rentals High Market Cap Rate 11.1% Low Market Cap Rate 9.5% (see income expense Sheets) in 2022. The complete renovation included new electrical service, hot water heaters, kitchens and baths. This is a prime investment property or owner occupy one floor and let the other pay most of your mortgage. Check out the virtual tour!!!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Cooling

Central Air

Appliances

Laundry: In Basement

Features

Solid Surface Counters, High Speed Internet
Flooring: Carpet, Laminate, Linoleum
Windows: Double Pane Windows
Basement: Full,Unfinished

Interior area

Total structure area: 2,024
Total interior livable area: 2,024 sqft
Finished area above ground: 2,024
Finished area below ground: 0

Property

Parking

Parking features: None

Features

Exterior features: None
Fencing: Back Yard

Lot

Size: 2,613 sqft
Features: Level

Details

Parcel number: 010100 65.6155
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family
Attached to another structure: Yes

Materials

Vinyl Siding
Roof: Built-Up

Condition

Year built: 1920

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & neighborhood

Location

Region: Albany

Price history

Date	Event	Price
10/31/2024	Sold	$329,900+4.7%$163/sqft
Source: Global MLS #202421527 Report a problem
8/23/2024	Pending sale	$315,000$156/sqft
Source: Global MLS #202421527 Report a problem
8/22/2024	Listed for sale	$315,000$156/sqft
Source: NY State MLS #11323859 Report a problem
8/20/2024	Contingent	$315,000$156/sqft
Source: NY State MLS #11323859 Report a problem
8/5/2024	Price change	$315,000+5%$156/sqft
Source: Global MLS #202421527 Report a problem