For SaleRisky Deal3 days on market
40 Velina Drive
40 Velina Drive, Albany, NY 12203, Albany, NY 12203
$275,000
Estimate®:$273,600
Listing Price
40 Velina Drive, Albany, NY 12203
Loc: Albany, NY
Days Listed
3
Tax Assessed
$243k
Estimate®
$274k
Market Rate
Lot Size
3,049 sqft
Rent Estimate
$2,185/mo
Est. Cash Flow base
Type
townhouse
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Guilderland Elementary School
K-5
1.7 mi away
7
Farnsworth Middle School
6-8
1.5 mi away
8
Guilderland High School
9-12
5 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
Townhouse, Residential1985Forced AirCentral Air1 Attached Garage space3,049 sqft3 Days$245
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
5.39%
Total ROI
76.0%
Cash Flow
$-192/mo
DSCR
0.87
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-192/mo net cash flow with a 5.4% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Albany, NY
- • Long-term capital appreciation corridor
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 |
|---|---|---|---|
| 2026-09-21 | Listed for sale | $275,000 | $245 |
| 2019-08-13 | Sold | $184,900 | $165 |
| 2019-06-14 | Pending sale | $184,900 | $165 |
| 2019-06-12 | Price change | $184,900 | $165 |
| 2019-05-13 | Listed for sale | $189,900 | $169 |
| 2013-12-13 | Sold | $170,000 | $152 |
| 2013-09-24 | Price change | $173,000 | $154 |
| 2013-06-29 | Listed for sale | $178,000 | $159 |
| 2009-07-07 | Sold | $180,000 | $160 |
| 2007-05-15 | Sold | $150,000 | $134 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $0 | $182,000 |
| 2024 | $0 | $182,000 |
| 2023 | $0 | $182,000 |
| 2022 | $0 | $182,000 |
| 2021 | $0 | $182,000 |
| 2020 | $0 | $182,000 |
| 2019 | $0 | $182,000 |
| 2018 | $0 | $124,200 |
| 2017 | $0 | $124,200 |
| 2016 | $0 | $124,200 |
| 2015 | $0 | $124,200 |
| 2014 | $0 | $124,200 |
| 2013 | $0 | $124,200 |
| 2012 | $0 | $124,200 |
| 2011 | $0 | $124,200 |
| 2010 | $0 | $124,200 |
| 2009 | $0 | $124,200 |
| 2008 | $0 | $124,200 |
| 2007 | $0 | $124,200 |
| 2006 | $0 | $124,200 |
| 2005 | $0 | $124,200 |
| 2004 | $0 | $91,200 |
| 2003 | $0 | $91,200 |
| 2002 | $0 | $91,200 |
| 2001 | $0 | $91,200 |
| 2000 | $0 | $91,200 |
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