131 Lake Ave
Albany, NY 12208
10 bd 8 ba 7,200 sqft Built 1892 Lot 15,246 sqft multi_family
Most recent sale
$990,000
Mar 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 25, 2022 | Sold | $990,000 | MLS #202140436 |
| Dec 23, 2021 | Listed | $999,898 | MLS #202140436 |
| Nov 6, 2021 | Listed | $1,200,000 | MLS #202132039 |
| Mar 16, 2006 | Sold | $295,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $327,300 | $126,000 | $453,300 | $16,328 |
| 2024 | $327,300 | $126,000 | $453,300 | $16,182 |
| 2023 | $275,300 | $86,700 | $362,000 | $18,491 |
| 2022 | $275,300 | $86,700 | $362,000 | $18,687 |
| 2021 | $275,300 | $86,700 | $362,000 | $19,251 |
| 2020 | $275,300 | $86,700 | $362,000 | $18,972 |
| 2019 | $275,300 | $86,700 | $362,000 | $18,854 |
| 2018 | $275,300 | $86,700 | $362,000 | $18,080 |
| 2017 | $275,300 | $86,700 | $362,000 | $18,437 |
| 2016 | $275,300 | $86,700 | $362,000 | $17,514 |
| 2015 | $256,400 | $21,400 | $277,800 | $13,505 |
| 2014 | $256,400 | $21,400 | $277,800 | $13,314 |
| 2013 | $256,400 | $21,400 | $277,800 | $12,902 |
| 2012 | $256,400 | $21,400 | $277,800 | $12,664 |
| 2010 | $256,400 | $21,400 | $277,800 | $12,811 |
Property facts
Year built
1892
Property type
multi_family
Stories
—
Beds
10
Baths
8
Living area
7,200 sqft
Lot size
15,246 sqft
ZIP code
12208
City
Albany
Street
Lake Ave
Coordinates
42.65559, -73.78061
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
$5,940
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 131 Lake Ave last sell?
131 Lake Ave most recently sold on Mar 25, 2022 for $990,000.
What is the current tax assessment for 131 Lake Ave?
The most recent total assessment for 131 Lake Ave (year 2025) is $453,300 with $16,328 in property tax.
How does 131 Lake Ave's assessment compare to its last sale price?
The current assessment is 54.2% below the last sale price of $990,000.
When was 131 Lake Ave built?
131 Lake Ave was built in 1892.
How does 131 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 131 Lake Ave?
131 Lake Ave is a 10 bed, 8 bath, 7,200 sqft, 15,246 sqft lot multi_family.
Is 131 Lake Ave a flip candidate?
No — 131 Lake Ave does not appear in our flips dataset.
Is 131 Lake Ave a tax-appeal candidate?
No — 131 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
+2.7%
Implied 1-yr
+10.9%
2026 Q3
$352.8K
2026 Q4
$360.9K
ZIP 12208 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lake Ave