When was property at 487 2nd Street built and last sold?

The property at 487 2nd Street was built in 1887 and last sold on Jan 18, 2008 for $96,000.

How much is this home worth?

The estimated value of the home located at 487 2nd Street is $0.

What are some comparable homes to 487 2nd Street?

There are currently no comparable homes to 487 2nd Street.

Albany

12206

West Hill

487 2nd Street

Sold on Aug 26, 2024

Map

$72,500

● House - Off Market

487 2nd Street

Albany, NY 12206

3 Beds

1 Bath

1,320 Ft²

$587

Est. Monthly

24.87%

Cap Rate

About This Property

Calling All Investors! Here is your next rehab ready project! This 3 Bed/1 Bath SFR would make a great addition to your rental portfolio. Property in need of a new roof and modern updates but has great potential! Sits close to bus lines, the highway, shopping and dining. This is an AS-IS property. CASH BUYERS ONLY! Property is sold via an assignment of contract.

Unit Size

1,320 Ft²

Days on Market

69 days

Land Size

0.07 acres

Price per sqft

$61

Property Type

House

Property Taxes

$194

HOA Dues

Year Built

1887

Payment Calculator

Cap Rate Calculator

Last updated: 5 days ago (Global MLS #202419639)

Price History

Date / Event	Date	Event
Jun 17, 2025	Sold	Premium
Sold
Mar 26, 2025	In contract	-
In contract
Mar 20, 2025	Listed by Signature Premier Realty, Inc	$179,900
Listed by Signature Premier Realty, Inc

	this newly renovated gem offers a fantastic opportunity for both first-time homebuyers and investors looking to grow their portfolio. With tasteful updates and a move-in ready appeal, this home provides comfort, style, and value all in one. Home has a number of new improvements including new appliances, furnace, hot water tank and roof to name a few.
Aug 26, 2024	Sold	Premium
Sold
Jul 2, 2024	In contract	-
In contract
Jun 18, 2024	Listed by Signature Premier Realty Inc	$79,900
Listed by Signature Premier Realty Inc
Jan 25, 2008	Sold	Premium
Sold

Property Highlights

Building Info

Overview

General

Year Built: 1887

Effective Year Built: 1887
Bedroom Count: 2
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 7
Construction Type: 0
Building Style: 1
Exterior Walls Type: 19
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: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 3,175

Lot Size Depth Feet: 1,273
Lot Size Frontage Feet: 250
Total Building Area: 1,320
Building Area: 1,320
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 10
Heated Square Feet: 1,320
Heating Fuel Type: 3

Utilities

Sewer System: 1

Water Service: 2

Building

Building Type: 0

Property Class: R
Land Acres: 0000000073
Standard Land Use Code: 1001
County Land Use Code: 210
Legal Description 1: 1 1/2 WOOD 1006511

Neighborhood

School District Name: Albany City School District

School Tax School District: ALBANY
Census Tract: 000301

Zoning

Zoning: R2A

Geography

Account Number: 06504700010350000000

District: 010100
Section: 65.47
Parcel: 010100 65.47-1-35
Block: 1
Lot: 35.000
Municipality: ALBANY
Latitude: 42.6686
Longitude: -73.7705

Address

Full Address: 487 2nd St

Address - House Number: 487
Address - Street Name: 2nd
Address - Suffix Type: St
State: NY
City Name: Albany
Carrier Code: C011
4-Digit Zip Code: 2439
Zip Code: 12206

Valuation

Tax

Tax Year: 2023

Tax Amount: $171,155
Tax Rate Code Area: 010100

Appraisal Valuation

Standard Deviation: 0.4572

Valuation Date: Feb 07, 2024
Confidence Score: 8
Final Value: 594,762
High Value: 866,690
Low Value: 322,833

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $80,474

Market Land Value: $17,789
Market Improvement Value: $62,685

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $57,000
Assessed Land Value: $12,600
Assessed Improvements Value: $44,400

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Jan 18, 2008

Current Sale Recording Date: Jan 25, 2008
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 10117748
Previous Sale Recording Date: Jan 25, 2008
Previous Sale Contract Date: Jan 18, 2008
Previous Sale Amount: $96,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About West Hill

Stats & Trends

Median Asking:

$179,900

Sale Price/ft²

$95

Below Asking

0.03%

Average Days on Market

Average Home Size

2316 ft²

Average Home Age

122.1 years

Currently For Sale

23 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 30 Boenau Street, Albany, NY, 12202

$1,800 /mo

3 Beds
1 Bath
1,085 ft²

30 Boenau Street #UNIT2, Albany, NY, 12202 Listing by Robert M Crevatas

Unit for rent at 130 Grand Street, Albany, NY, 12202

$1,825 /mo

4 Beds
1 Bath
1,760 ft²

130 Grand Street #3, Albany, NY, 12202 Listing by Brianna Huynh

Unit for rent at 688 Myrtle Avenue, Albany, NY, 12208

$1,950 /mo

2 Beds
1 Bath
1,060 ft²

688 Myrtle Avenue #UNIT1, Albany, NY, 12208 Listing by Christopher Broughton

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Meaghan Ryan
Signature Premier Realty Inc
Last Updated: 5 days ago
Data Source: Global MLS , MLS# 202419639

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.

487 2nd Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About West Hill

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions