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Albany
121 Cherry Avenue
Photo of 121 Cherry Avenue
Sold on Nov 13, 2025

1

Map

$350,000
● House - Off Market

121 Cherry Avenue

Bethlehem, NY 12054
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,464 Ft²
$2,158
Est. Monthly
16.48%
Cap Rate

About This Property

Beautiful craftsman close to everything.  Eat in kitchen, large pantry, formal dining room or bonus room, stainless steel appliances have been upgraded. New furnace/heat pump, new Anderson windows throughout home and basement windows upgraded as well, electric service upgraded to 200 AMP, and so much more. 3 bedroom,2 bath home with built in features, hardwood floors, mudroom, and custom details. The yard offers privacy and plenty of room to garden or outdoor use as its just shy of an acre.
Unit Size
1,464 Ft²
Days on Market
54 days
Land Size
0.98 acres
Price per sqft
$239
Property Type
House
Property Taxes
$439
HOA Dues
-
Year Built
1926

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 12 months ago (Global MLS #202524855)

Price History

Date / Event Date Event Price
Nov 13, 2025 Sold
Premium
Sold
Sep 29, 2025 In contract -
In contract
Sep 21, 2025 Relisted $280,000
Relisted
Sep 5, 2025 In contract -
In contract
Aug 29, 2025 Listed by Find Advisors $350,000
Listed by Find Advisors
Show More

Property Highlights

Parking Available
Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 1
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 6
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 42,689
  • Lot Size Depth Feet: 4,584
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,464
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DELMAR
  • Land Acres: 0000000980
  • Standard Land Use Code: 1001
  • County Land Use Code: 210
  • Legal Description 1: DELMAR

Neighborhood

  • School District Name: Bethlehem Central School District
  • School Tax School District: BETHLEHEM
  • Census Tract: 014202

Zoning

  • Zoning: CR

Geography

  • Account Number: 08501400030290000000
  • District: 012200
  • Section: 85.14
  • Parcel: 012200 85.14-3-29
  • Block: 3
  • Lot: 29.000
  • Municipality: BETHLEHEM
  • Latitude: 42.6182
  • Longitude: -73.8539

    Address

  • Full Address: 121 Cherry Ave
  • Address - House Number: 121
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ave
  • State: NY
  • City Name: Delmar
  • Carrier Code: C010
  • 4-Digit Zip Code: 2523
  • Zip Code: 12054

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $502,581
  • Tax Rate Code Area: 012206

    Appraisal Valuation

  • Standard Deviation: 0.2354
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 67
  • Final Value: 306,202
  • High Value: 378,304
  • Low Value: 234,100

    Market Valuation

  • Market Total Value: $213,333
  • Market Land Value: $118,133
  • Market Improvement Value: $95,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,000
  • Assessed Land Value: $88,600
  • Assessed Improvements Value: $71,400

    Sales

  • Current Sale Contract Date: Oct 01, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 30836
  • Previous Sale Recording Date: Jun 20, 2013
  • Previous Sale Contract Date: May 30, 2013
  • Previous Sale Amount: $141,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Albany

Stats & Trends

Median Asking:

$330,000

Sale Price/ft²

$209

Below Asking

0.01%

Average Days on Market

64

Average Home Size

2231 ft²

Average Home Age

91.3 years

Currently For Sale

576 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 59 Union Avenue, Delmar, NY, 12054

$5,500 /mo

  • 3 Beds
  • 4 Baths
  • 1,239 ft²
59 Union Avenue, Delmar, NY, 12054 Listing by Laurie M Colehamer

Rentals Near You

Click here to view more rentals in the neighborhood.
Global MLS

Listed by: Jodi A Koenig
Find Advisors
Last Updated: 12 months ago
Data Source: Global MLS , MLS# 202524855
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 121 Cherry Avenue built and last sold?
The property at 121 Cherry Avenue was built in 1926 and last sold on Oct 1, 2021 for $280,000.
How much is this home worth?
The estimated value of the home located at 121 Cherry Avenue is $335,068.
What are some comparable homes to 121 Cherry Avenue?
There are currently no comparable homes to 121 Cherry Avenue.
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