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188 Spring St

Albany, NY 12203

2 bd 2 ba 1,404 sqft Built 1931 Lot 1,960 sqft multi_family
Most recent sale
$148,000
Apr 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Nov 2, 2023 Listed for rent $1,550 TurboTenant
Sep 29, 2023 Listed for rent $1,125 TurboTenant
Aug 10, 2023 Listed for rent $1,125 TurboTenant
Jun 22, 2023 Listed for rent $1,125 TurboTenant
May 12, 2023 Listed for rent $1,100 TurboTenant
Apr 21, 2022 Sold $148,000 MLS #202215989
Oct 23, 2018 Sold $131,000 MLS #201831333
Oct 16, 2018 Listed $131,000 MLS #201831333
Dec 28, 2006 Sold $95,000 MLS #26123845
Nov 15, 2006 Listed $95,000 MLS #26123845

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $117,600 $29,400 $147,000 $4,111
2024 $117,600 $29,400 $147,000 $3,997
2023 $78,400 $19,600 $98,000 $3,984
2022 $78,400 $19,600 $98,000 $3,957
2021 $78,400 $19,600 $98,000 $4,116
2020 $78,400 $19,600 $98,000 $3,718
2019 $78,400 $19,600 $98,000 $3,674
2018 $78,400 $19,600 $98,000 $3,727
2017 $78,400 $19,600 $98,000 $3,702
2016 $78,400 $19,600 $98,000 $3,614
2015 $78,400 $19,600 $98,000 $3,484
2014 $68,900 $26,100 $95,000 $3,393
2013 $68,900 $26,100 $95,000 $3,674
2012 $68,900 $26,100 $95,000 $3,597
2010 $68,900 $26,100 $95,000 $3,112

Property facts

Year built
1931
Property type
multi_family
Stories
2
Beds
2
Baths
2
Living area
1,404 sqft
Lot size
1,960 sqft
ZIP code
12203
City
Albany
Street
Spring St
Coordinates
42.66402, -73.77753

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
$888
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 188 Spring St last sell?
188 Spring St most recently sold on Apr 21, 2022 for $148,000.
What is the current tax assessment for 188 Spring St?
The most recent total assessment for 188 Spring St (year 2025) is $147,000 with $4,111 in property tax.
How does 188 Spring St's assessment compare to its last sale price?
The current assessment is 0.7% below the last sale price of $148,000.
When was 188 Spring St built?
188 Spring St was built in 1931.
How does 188 Spring St compare to others on Spring St?
We track 8 other properties on Spring St. Browse the list under "Other properties on Spring St" to compare beds, baths, and sale history.
What are the property facts for 188 Spring St?
188 Spring St is a 2 bed, 2 bath, 1,404 sqft, 1,960 sqft lot multi_family.
Is 188 Spring St a flip candidate?
No — 188 Spring St does not appear in our flips dataset.
Is 188 Spring St a tax-appeal candidate?
No — 188 Spring St 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
+6.7%
Implied 1-yr
+26.9%
2026 Q3
$582.5K
2026 Q4
$609.8K
ZIP 12203 — Median Price History + Forecast

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