9 days on rocket

423 Hamilton St, Albany, NY, 12203

$375,000

Home List Price

$4,453*

Closing Credit

8 Bedrooms
2 Full Baths
Multi
Schools Nearby

Location

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423 Hamilton St, Albany$375,000

Buyer Closing Credits

$4,453*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage1 space
Year Built1905
HeatingNatural Gas
CoolingNone
BasementYes
MLS #202415805
Lot Size0.08 Acres
StatusActive

About 423 Hamilton St

This is a turn-key student rental property with strong positive cash flow. Using my sample pro-forma your positive cash flow will over $14,000/yr assuming an 80% mortgage at 8%. Cap rate of 13.0%. Text or email seller for the pro-forma. The 2-family house on a quiet dead-end street is in excellent condition and needs no repairs or improvements. 4 BRs on the 1st floor ($2,420/mo) leased through May ' 25 and 4BRs on the 2nd floor ($1,770) leased through May of '24. The property was fully renovated in 2011. Includes all appliances (Fridges, ranges, DWs, Micros) with Washer/Dryer in the basement. Roof, boilers (2011), water heaters, electric, plumbing, & appliances are all in great shape and nothing is needed. All renovations and maintenance has been done to a very high level.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1905

Listing Office:

  • Office Name: Unreal Estate Brokerage LLC
  • Office Phone: (866) 807-9087
  • Listing Agent: Derek Morgan

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Tile, Hardwood
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Garage Space: 1 space

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Quail to the dead end of Hamilton

Price Information

Listing Price Info

Price Summary:

  • List Price: $375,000

Tax Information:

  • Annual Amount: $3,898
  • Tax Year: 2020
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MLS Details

MLS Information:

  • MLS Name: Global MLS
  • MLS Number: #202415805

Listing Office:

  • Office Name: Unreal Estate Brokerage LLC
  • Office Phone: (866) 807-9087
  • Listing Agent: Derek Morgan

IDX The data relating to real estate on this website comes in part from the Internet Data Exchange program of the Global MLS (GMLS). All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing.

Copyright © 2024 Global Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/4/2024, 12:50:38 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,898$97,000
2019$3,680$97,000
2018$3,689$97,000
2017$3,578$97,000

History based on county public records data.

Payment Calculator

$1,939

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,191

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-5687454
6
/10

  • Brighter Choice Charter School For Girls

  • 250 Central Ave

  • 0.43 miles

  • Public Charter Grades KG-4

school-card-donut-5687455
5
/10

  • Brighter Choice Charter School For Boys

  • 116 N Lake Ave

  • 0.49 miles

  • Public Charter Grades KG-4

school-card-donut-5687456
2
/10

  • Sheridan Preparatory Academy

  • 400 Sheridan Ave

  • 0.57 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

Rocket Homes›New York›Albany County›Albany›12203›423 Hamilton St

This home is located at 423 Hamilton St in Albany, NY and zip code 12203 in the Pine Hills neighborhood. This home, which was built in 1905, sits on a 0.08 acre lot. Features: 8 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 24, 2024 and is currently priced at $375,000.

From Rocket Homes Real Estate and based on county public records data.

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