For SaleRisky Deal8 days on market
525 Mercer Street
525 Mercer Street, Albany, NY 12208, Albany, NY 12208
$299,999
Estimate®:$316,300$16,301 Under Market
Listing Price
525 Mercer Street, Albany, NY 12208
Loc: Albany, NY
Days Listed
8
Tax Assessed
$278k
Estimate®
$316k
5% Under Valued
Lot Size
3,920 sqft
Rent Estimate
$2,655/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
New Scotland Elementary School
PK-5
0.6 mi away
5
William S Hackett Middle School
6-8
0.7 mi away
4
Albany High School
9-12
0.8 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
Tudor revivalstucco exteriortimber framinggabled roofcovered porchsteep pitch roofhistoric charmmature landscapingsuburbantwo-storymulti-pane windowscozy aesthetic
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.18%
Total ROI
93.2%
Cash Flow
$-11/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-11/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • Strong rental demand in Albany
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-16 | Listed for sale | $299,999 | $172 |
| 2017-05-29 | Sold | $156,000 | $89 |
| 2017-03-29 | Pending sale | $164,999 | $94 |
| 2017-01-30 | Price change | $164,999 | $94 |
| 2016-11-17 | Listed for sale | $169,999 | $97 |
| 2014-10-22 | Listing removed | $174,500 | $100 |
| 2014-08-25 | Price change | $174,500 | $100 |
| 2014-08-01 | Price change | $174,900 | $100 |
| 2014-06-17 | Price change | $179,900 | $103 |
| 2014-04-26 | Listed for sale | $185,000 | $106 |
| 2011-02-10 | Listing removed | $194,500 | $111 |
| 2011-01-15 | Listed for sale | $194,500 | $111 |
| 2010-09-29 | Listing removed | $182,500 | $104 |
| 2010-09-12 | Listed for sale | $182,500 | $104 |
| 2010-09-08 | Sold | $172,000 | $98 |
| 2010-06-18 | Price change | $178,000 | $102 |
| 2010-05-13 | Price change | $182,500 | $104 |
| 2010-04-22 | Price change | $189,900 | $109 |
| 2010-03-23 | Listed for sale | $194,500 | $111 |
| 2007-06-27 | Sold | $174,500 | $100 |
| 2003-09-09 | Sold | $118,100 | $68 |
| 2000-09-05 | Sold | $90,000 | $52 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $0 | $267,000 |
| 2024 | $0 | $267,000 |
| 2023 | $0 | $151,000 |
| 2022 | $0 | $151,000 |
| 2021 | $0 | $151,000 |
| 2020 | $0 | $151,000 |
| 2019 | $0 | $151,000 |
| 2018 | $0 | $151,000 |
| 2017 | $5,944.92 | $151,000 |
| 2016 | $6,230.25 | $151,000 |
| 2015 | $0 | $164,400 |
| 2014 | $0 | $164,400 |
| 2013 | $0 | $164,400 |
| 2012 | $0 | $164,400 |
| 2011 | $0 | $164,400 |
| 2010 | $0 | $164,400 |
| 2009 | $0 | $164,400 |
| 2008 | $0 | $164,400 |
| 2007 | $0 | $164,400 |
| 2006 | $0 | $101,800 |
| 2005 | $0 | $101,800 |
| 2004 | $0 | $101,800 |
| 2003 | $0 | $101,800 |
| 2002 | $0 | $74,100 |
| 2001 | $0 | $74,100 |
| 2000 | $0 | $74,100 |
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