292 Lark Street

292 Lark Street has been categorized by the local assessors in Albany, NY as a commercial type of property. The building on the property was first built in 1876 and is 148 years old. The building has a total of 2 stories. Those looking for additional storage or space will be happy to hear that there is a finished improved basement that is 1,080 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 800 ft and across the front of the lot is 180 ft. The area measurement of the land has been determined as 1,440 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Residents will have the luxury of enjoying a covered porch. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, the home is utilizing oil. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 292 Lark Street was last assessed in 2023. The total value of the property was assessed at $166,600. Specifically, the land the property is located on was valued at $15,300. While improvements on the property were assessed at a total of $151,300. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,860. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.