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278 State St

Albany, NY 12210

3 bd 3 ba 3,036 sqft Built 1847 Lot 1,980 sqft multi_family
Most recent sale
$275,000
Jan 20, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2024 Listed $467,800 GlobalMLS
Jan 20, 2022 Sold $275,000 Public Record
Jul 5, 2001 Sold $132,000 Public Record
Jun 29, 2001 Sold $132,000 GlobalMLS
Jun 15, 2000 Sold $119,000 GlobalMLS
May 1, 2000 Sold $122,500 Public Record
Oct 7, 1998 Sold $115,000 Public Record
Sep 18, 1998 Sold $115,000 GlobalMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $231,200 $57,800 $289,000 $7,735
2024 $231,200 $57,800 $289,000 $8,147
2023 $177,600 $44,400 $222,000 $8,797
2022 $177,600 $44,400 $222,000 $8,736
2021 $177,600 $44,400 $222,000 $10,110
2020 $177,600 $44,400 $222,000 $9,084
2017 $177,600 $44,400 $222,000 $8,261
2016 $177,600 $44,400 $222,000 $8,064
2015 $177,600 $44,400 $222,000 $7,792
2014 $172,800 $57,200 $230,000 $7,595
2013 $172,800 $57,200 $230,000 $8,287
2012 $172,800 $57,200 $230,000 $8,114
2010 $172,800 $57,200 $230,000 $7,619

Property facts

Year built
1847
Property type
multi_family
Stories
3
Beds
3
Baths
3
Living area
3,036 sqft
Lot size
1,980 sqft
ZIP code
12210
City
Albany
Street
State St
Coordinates
42.65406, -73.76163

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
$1,650
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 278 State St last sell?
278 State St most recently sold on Jan 20, 2022 for $275,000.
What is the current tax assessment for 278 State St?
The most recent total assessment for 278 State St (year 2025) is $289,000 with $7,735 in property tax.
How does 278 State St's assessment compare to its last sale price?
The current assessment is 5.1% above the last sale price of $275,000.
When was 278 State St built?
278 State St was built in 1847.
How does 278 State St compare to others on State St?
We track 8 other properties on State St. Browse the list under "Other properties on State St" to compare beds, baths, and sale history.
What are the property facts for 278 State St?
278 State St is a 3 bed, 3 bath, 3,036 sqft, 1,980 sqft lot multi_family.
Is 278 State St a flip candidate?
No — 278 State St does not appear in our flips dataset.
Is 278 State St a tax-appeal candidate?
No — 278 State 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
-2.5%
Implied 1-yr
-10.2%
2026 Q2
$286.1K
2026 Q3
$277.4K
ZIP 12210 — Median Price History + Forecast

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