12 Lake Ave
Albany, NY 12203
10 bd 2 ba 3,500 sqft Built 1850 Lot 5,663 sqft multi_family
Most recent sale
$392,500
Feb 20, 2024
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Feb 20, 2024 | Sold | $392,500 | GlobalMLS |
| Oct 29, 2023 | Listed | $424,900 | GlobalMLS |
| Nov 15, 2021 | Sold | $350,000 | Public Record |
| Apr 13, 2016 | Sold | $100,000 | Public Record |
| Nov 23, 2015 | Sold | $100,000 | Public Record |
| Sep 15, 2014 | Sold | $25,000 | Public Record |
| Sep 17, 1998 | Sold | $85,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $293,600 | $73,400 | $367,000 | $9,726 |
| 2024 | $293,600 | $73,400 | $367,000 | $9,399 |
| 2023 | $185,900 | $39,100 | $225,000 | $8,913 |
| 2022 | $185,900 | $39,100 | $225,000 | $8,851 |
| 2021 | $185,900 | $39,100 | $225,000 | $8,805 |
| 2020 | $185,900 | $39,100 | $225,000 | $8,898 |
| 2017 | $185,900 | $39,100 | $225,000 | $4,991 |
| 2016 | $185,900 | $39,100 | $225,000 | $2,213 |
| 2015 | $185,900 | $39,100 | $225,000 | $2,916 |
| 2014 | $30,100 | $29,900 | $60,000 | $6,720 |
Property facts
Year built
1850
Property type
multi_family
Stories
—
Beds
10
Baths
2
Living area
3,500 sqft
Lot size
5,663 sqft
ZIP code
12203
City
Albany
Street
Lake Ave
Coordinates
42.66010, -73.77456
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,355
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 12 Lake Ave last sell?
12 Lake Ave most recently sold on Feb 20, 2024 for $392,500.
What is the current tax assessment for 12 Lake Ave?
The most recent total assessment for 12 Lake Ave (year 2025) is $367,000 with $9,726 in property tax.
How does 12 Lake Ave's assessment compare to its last sale price?
The current assessment is 6.5% below the last sale price of $392,500.
When was 12 Lake Ave built?
12 Lake Ave was built in 1850.
How does 12 Lake Ave compare to others on Lake Ave?
We track 8 other properties on Lake Ave. Browse the list under "Other properties on Lake Ave" to compare beds, baths, and sale history.
What are the property facts for 12 Lake Ave?
12 Lake Ave is a 10 bed, 2 bath, 3,500 sqft, 5,663 sqft lot multi_family.
Is 12 Lake Ave a flip candidate?
No — 12 Lake Ave does not appear in our flips dataset.
Is 12 Lake Ave a tax-appeal candidate?
No — 12 Lake Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+6.7%
Implied 1-yr
+26.9%
2026 Q3
$582.5K
2026 Q4
$609.8K
ZIP 12203 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Ave