Check Availability
$109,000
House - In Contract

587 3rd Street

Albany, NY 12206
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$746
Estimated Monthly
$0
HOA / Fees
17.50%
Cap Rate

About This Property

Attention Investors !! Looking to start are add to your business portfolio consists of over 75 units This property is currently a single family rental unit. Showing are only for Pre-Qualified buyers only or proof of funding or bank statement.

Over 35 buildings. This is a must see money maker !!
Unit Size
-
Days on Market
-
Land Size
0.09 acres
Price per sqft
-
Property Type
House
Property Taxes
$210
HOA Dues
-
Year Built
1900
Last updated: 3 months ago (Global MLS #202323622)

Price History

Date / Event Date Event Price
Mar 4, 2024 In contract -
In contract
Dec 20, 2023 Price Decreased $109,000
↓ $11K (9.2%)
Price Decreased
Aug 28, 2023 Listed by MJJ Realty $120,000
Listed by MJJ Realty

Property Highlights

Parking Details
Parking Features: None
Interior Details

Bedroom Information

Bedrooms: 3

Bathroom Information

Full Bathrooms: 1
Half Bathrooms: 1

Interior Information

Interior Features: High Speed Internet, Built-in Features
Appliances: Oven, Range, Refrigerator
Flooring Type: Ceramic Tile, Hardwood

Room Information

Laundry Features: None
Rooms: 6

Basement Information

Full

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Other
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 560
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 3,990
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,302
  • Building Area: 1,302
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 1,302
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2 1/2 WOOD & 2 CAR WOOD GAR 1007803

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Albany City School District
  • School Tax School District: ALBANY
  • Census Tract: 000301

Zoning

  • Zoning: R2B

Geography

  • Account Number: 06503000010470000000
  • District: 010100
  • Section: 65.30
  • Parcel: 010100 65.30-1-47
  • Block: 1
  • Lot: 47.000
  • Municipality: ALBANY
  • Latitude: 42.6723
  • Longitude: -73.7751

    Address

  • Full Address: 587 3rd St
  • Address - House Number: 587
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: NY
  • City Name: Albany
  • Carrier Code: C013
  • 4-Digit Zip Code: 2234
  • Zip Code: 12206

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,439
  • Tax Rate Code Area: 010100

    Appraisal Valuation

  • Standard Deviation: 0.1105
  • Valuation Date: Feb 07, 2024
  • Confidence Score: 88
  • Final Value: 119,131
  • High Value: 132,304
  • Low Value: 105,959

    Market Valuation

  • Market Total Value: $91,769
  • Market Land Value: $22,025
  • Market Improvement Value: $69,744

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $65,000
  • Assessed Land Value: $15,600
  • Assessed Improvements Value: $49,400

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
1 Bath
-
$122,000 Nov 30, 2021
$122,000 Feb 22, 2022
$231/mo
House
3 Beds
2 Baths
-
$125,000 Jul 15, 2015
$125,000 Nov 15, 2015
$361/mo
House
3 Beds
1 Bath
-
$85,000 Dec 12, 2016
$85,000 Jan 25, 2017
$470/mo
House
3 Beds
2 Baths
-
$122,600 Aug 26, 2020
$122,600 Feb 9, 2021
$394/mo
House
3 Beds
2 Baths
-
$83,000 Sep 14, 1998
$83,000 Dec 18, 1998
$175/mo
House
4 Beds
1 Bath
-
$101,000 Aug 21, 2023
$101,000 Dec 12, 2023
$161/mo
House
3 Beds
2 Baths
-
$94,999 Aug 28, 2023
-
$390/mo
In Contract
House
3 Beds
1 Bath
-
$92,999 Aug 28, 2023
-
$170/mo
House
4 Beds
2 Baths
-
$109,000 Aug 28, 2023
-
$259/mo
House
5 Beds
2 Baths
-
$109,999 Aug 28, 2023
-
$202/mo
In Contract
House
1 Bed
1 Bath
-
$90,000 Dec 14, 2023
-
$123/mo
In Contract
Multifamily
8 Beds
2 Baths
-
$119,000 Jan 16, 2024
-
$188/mo

About West Hill


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Frequently Asked Questions

When was property at 587 3rd Street built and last sold?
The property at 587 3rd Street was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 587 3rd Street is $121,200.
What are some comparable homes to 587 3rd Street?
Homes that are comparable to 587 3rd Street include a house property at 509 2nd Street, 641 2nd Street, 510 2nd Street.

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