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40 Forest Ave

Albany, NY 12208

4 bd 2 ba 1,665 sqft Built 1920 Lot 3,485 sqft single_family
Most recent sale
$263,000
Jul 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 18, 2022 Sold $263,000 MLS #202218785
May 27, 2022 Listed $239,000 MLS #202218785
Jun 21, 2019 Sold $215,000 MLS #201917411
Apr 23, 2019 Listed $215,000 MLS #201917411
Jan 12, 2011 Listed $169,898 MLS #201110611
Oct 22, 2010 Price changed $174,898 MLS #201022343
Aug 6, 2010 Price changed $179,898 MLS #201022343
Jun 9, 2010 Listed $184,898 MLS #201022343
Sep 22, 1999 Sold $105,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $232,000 $58,000 $290,000 $7,581
2024 $232,000 $58,000 $290,000 $7,078
2023 $127,000 $32,000 $159,000 $6,261
2022 $127,000 $32,000 $159,000 $6,218
2021 $127,000 $32,000 $159,000 $6,185
2020 $127,000 $32,000 $159,000 $6,180
2019 $127,000 $32,000 $159,000 $5,961
2018 $127,000 $32,000 $159,000 $4,620
2017 $127,000 $32,000 $159,000 $4,607
2016 $127,000 $32,000 $159,000 $4,492
2015 $120,100 $36,400 $156,500 $4,395
2014 $120,100 $36,400 $156,500 $5,165
2013 $120,100 $36,400 $156,500 $5,444
2012 $120,100 $36,400 $156,500 $5,331
2010 $120,100 $36,400 $156,500 $4,543

Property facts

Year built
1920
Property type
single_family
Stories
Beds
4
Baths
2
Living area
1,665 sqft
Lot size
3,485 sqft
ZIP code
12208
City
Albany
Street
Forest Ave
Coordinates
42.65084, -73.78915

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,578
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 40 Forest Ave last sell?
40 Forest Ave most recently sold on Jul 18, 2022 for $263,000.
What is the current tax assessment for 40 Forest Ave?
The most recent total assessment for 40 Forest Ave (year 2025) is $290,000 with $7,581 in property tax.
How does 40 Forest Ave's assessment compare to its last sale price?
The current assessment is 10.3% above the last sale price of $263,000.
When was 40 Forest Ave built?
40 Forest Ave was built in 1920.
How does 40 Forest Ave compare to others on Forest Ave?
We track 8 other properties on Forest Ave. Browse the list under "Other properties on Forest Ave" to compare beds, baths, and sale history.
What are the property facts for 40 Forest Ave?
40 Forest Ave is a 4 bed, 2 bath, 1,665 sqft, 3,485 sqft lot single_family.
Is 40 Forest Ave a flip candidate?
No — 40 Forest Ave does not appear in our flips dataset.
Is 40 Forest Ave a tax-appeal candidate?
No — 40 Forest Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.7%
Implied 1-yr
+10.9%
2026 Q3
$352.8K
2026 Q4
$360.9K
ZIP 12208 — Median Price History + Forecast

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