22
Map
$170,000
●
Condo -
Off Market
206 N Pearl Street #APT101
Albany, NY 12207
1 Bed
1 Bath
$1,341
Est. Monthly
$280
HOA / Fees
5.27%
Cap Rate
About This Property
Begin your homeownership journey with this stunning condominium in
Albany's historic Quackenbush area! Once a beloved school, this
property has been beautifully repurposed into a modern living
space. Inside, you'll be greeted by an open floor plan featuring
gorgeous hardwood floors and exquisite woodwork, creating a space
that's both inviting and elegant. With its high ceilings and ample
windows, natural light floods every room adding to the sense of
warmth and openness. Enjoy the convenience of off-street parking
and the unbeatable location within walking distance of the Palace
Theater, State Office Buildings, Court Offices, and a variety of
dining options. Don't miss out on the chance to make this historic
gem your new home!
Unit Size
-
Days on Market
119 days
Land Size
-
Price per sqft
-
Property Type
Condo
Property Taxes
$201
HOA Dues
$280
Year Built
1950
Payment Calculator
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Cap Rate Calculator
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Monthly Rental Income
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
You can learn more about cap rate here .
Last updated: 2 months ago (Global MLS #202415332)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | In contract | - | |
| In contract | |||
| May 14, 2024 | Price Decreased |
$175,000
↓ $10K
(5.4%) | |
| Price Decreased | |||
| Apr 17, 2024 | Listed by Berkshire Hathaway HomeServices Blake, REALTORS | $185,000 | |
| Listed by Berkshire Hathaway HomeServices Blake, REALTORS | |||
Property Highlights
Parking Available
Air Conditioning
With View
Parking Details
Parking Features: Off Street, Paved, Circular Driveway
Garage Spaces: 1
Total Garage and Parking Spaces: 1
Interior Details
Bedrooms: 1
Full Bathrooms: 1
Interior Features: High Speed Internet, Vaulted Ceiling(s), Built-in Features, Cathedral Ceiling(s), Ceramic Tile Bath, Chair Rail, Crown Molding
Appliances: Built-In Electric Oven, Dishwasher, Disposal, Oven, Range Hood
Flooring Type: Hardwood
Laundry Features: Laundry Room, Main Level
Rooms: 4
Full
Exterior Details
Property Condition: Updated/Remodeled
Year Built: 1950
Foundation Details: Concrete Perimeter
Window Features: Double Pane Windows, Drapes
Construction Materials: Brick
Outdoor Living Structures: Side Porch
Level
Financial Details
Tax Annual Amount: $2,416
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Location Details
Association Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash
Association Amenities: None
Association Fee: $280
Association Fee Frequency: Monthly
206 N Pearl Street #APT101, Albany, NY, 12207
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Condo
2
Beds
2
Baths
-
$215,000
Jul 27, 2023
$215,000
Sep 29, 2023
$562/mo
Sold
Townhouse
6
Beds
3
Baths
-
$141,000
Nov 15, 2013
$141,000
Jul 24, 2014
$632/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
04/17/2024
|
1 Bed
|
1 Bath
|
-
|
$185,000
1 Bed
1 Bath
|
$170,000
-8.11%
08/14/2024
|
-
|
John Judski
Berkshire Hathaway Blake
| |
|
04/17/2024
|
1 Bed
|
1 Bath
|
875 ft²
|
$185,000
1 Bed
1 Bath
875 ft²
|
-
-
|
-
|
John T Judski
Berkshire Hathaway Blake
| |
|
07/27/2023
|
2 Bed
|
2 Bath
|
-
|
$210,000
2 Bed
2 Bath
|
$215,000
+2.38%
09/29/2023
|
-
|
Brian Hynes
Howard Hanna
| |
|
07/12/2019
|
2 Bed
|
2 Bath
|
-
|
$165,000
2 Bed
2 Bath
|
$163,000
-1.21%
01/15/2020
|
Susan Lynne Sommers
Better Homes and Gardens Tech
| ||
|
04/24/2018
|
1 Bed
|
1 Bath
|
-
|
$118,900
1 Bed
1 Bath
|
$120,000
+0.93%
06/27/2018
|
Maria Millington
KW Platform
| ||
|
03/26/2018
|
1 Bed
|
1 Bath
|
-
|
$112,900
1 Bed
1 Bath
|
$105,000
-7.00%
06/14/2018
|
-
|
Patricia A Bayly
Berkshire Hathaway Blake
| |
|
02/16/2015
| |
1 Bed
|
1 Bath
|
-
|
$99,500
1 Bed
1 Bath
|
$100,000
+0.50%
02/25/2016
|
-
|
Patricia A Bayly
Berkshire Hathaway Blake
|
|
03/17/2014
| |
1 Bed
|
1 Bath
|
-
|
$95,000
1 Bed
1 Bath
|
$92,000
-3.16%
04/28/2014
|
-
|
Candace Benson
Coldwell Banker Prime Prop.
|
|
05/09/2012
| |
1 Bed
|
1 Bath
|
-
|
$99,000
1 Bed
1 Bath
|
$92,000
-7.07%
07/06/2012
|
-
|
Christina Hennessy
Heartland Home Properties, LLC
|
|
02/11/2011
| |
1 Bed
|
1 Bath
|
-
|
$114,900
1 Bed
1 Bath
|
$112,500
-2.09%
05/17/2011
|
-
|
Christina Hennessy
Heartland Home Properties, LLC
|
|
06/06/2006
| |
1 Bed
|
1 Bath
|
-
|
$67,500
1 Bed
1 Bath
|
$71,400
+5.78%
07/14/2006
|
Patricia Whelan
Howard Hanna
| |
|
01/17/2003
| |
1 Bed
|
1 Bath
|
-
|
$46,200
1 Bed
1 Bath
|
$46,200
03/13/2003
|
-
|
Jacquelyn Witbeck
Coldwell Banker Prime Prop.
|
|
01/16/2001
| |
1 Bed
|
1 Bath
|
-
|
$22,500
1 Bed
1 Bath
|
$18,000
-20.00%
04/17/2001
|
-
|
Robert Caprara
Coldwell Banker Prime Prop
|
|
06/16/1999
| |
1 Bed
|
1 Bath
|
-
|
$19,900
1 Bed
1 Bath
|
$19,000
-4.52%
02/08/2000
|
-
|
Robert Caprara
Coldwell Banker Prime Prop
|
|
12/02/1997
| |
2 Bed
|
2 Bath
|
-
|
$44,900
2 Bed
2 Bath
|
$40,000
-10.91%
04/01/1998
|
-
|
Marie Levy
Howard Hanna
|
Building Info
About Arbor Hill
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Listed by: John T Judski
Berkshire Hathaway HomeServices Blake, REALTORS
Last Updated: 2 months ago
Data Source: Global MLS , MLS# 202415332
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.
Berkshire Hathaway HomeServices Blake, REALTORS
Last Updated: 2 months ago
Data Source: Global MLS , MLS# 202415332
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc. CalDRE: 00494703
