Duplex
2204 14th St · Troy, NY
Flood risk 1/10 · Minimal
- FEMA flood zone
- X
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $691 – $1,283
Heat risk 4/10 · Minor
- Hot days now (above 95°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 3/10 · Minor
- Chance of severe wind over 30 yrs
- 6.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- ARV discount +15.0/15.0
- DSCR +10.0/10.0
- 1% rule +9.0/10.0
- Schools +5.4/10.0
- Livability +4.0/5.0
- Rent growth +3.7/5.0
- Condition / age +2.2/5.0
- Appreciation +0.0/10.0
$249,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed
Listing remarks
Great RPI Rental neighborhood Jacob & 14th area! This simple to maintain 2 Family has always been rented and has new leases at $1450 month plus tenants pay gas and electric thru June 30, 2027. First & Second floor units are currently 2 bedrooms w/ office/study each. Nice entry level 1st time RPI Investor property or nice addition to any current RPI Investor Portfolio!
Key facts
- 2,613 sq ft lot
- Built 1890
- Listed 102 days
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 2-bed/1.0-bath units multifamily listed at $250k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $961 ($12k/yr) — positive. Per door: $481/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($4k rent vs $250k).
- Recommended offer: $227k (9.0% below list) — sets the bar for market timing.
- Cap rate 10.9% vs local median 5.0% in Troy — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 81/100 on livability (#88 in NY, #1,350 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, commute A+, housing A+; Watch: employment C-, crime F.
- Troy City School District (urban): math 44% / reading 46% proficiency, ranked #467 of 590 in NY (top 79%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 62% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Ps 14 (math 47% / reading 42%, grade F, #1,277 of 2,108 statewide, top 64%, 425 students, 76% FRL); Troy Middle School (math 22% / reading 43%, grade F, #504 of 729 statewide, top 70%, 786 students, 72% FRL); Troy High School (math 95% / reading 77%, grade A, #347 of 1,100 statewide, top 32%, 1,153 students, 64% FRL).
- Market conditions: Rents rising fast (+4.9%/yr); 298 active listings in the ZIP; 18 comparable units currently listed for rent nearby; rentals lingering (median 68d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 94% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 405 units permitted in Rensselaer County in 2024 (224 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $7k of value loss. Plan a longer hold.
- Rensselaer County population projected to shrink 6% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
- At projected returns (-3.0% appreciation + 4.9% rent growth), your $70k cash investment doubles in ~7 years — after that, you're playing with house money.
Negotiation context
- It's been on market 103 days — a 9% lower offer ($227k) is reasonable based on typical stale-listing flexibility.
- 7 sale attempts since 20y ago; this cycle's ask has dropped $25k (9%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $177k; 41% above their basis — modest negotiation headroom, anchor on the comps not their cost.
Risks & watch-outs
- Watch-outs: built in 1890 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 103 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1890 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.40% ✓
- Cap rate
- 10.91%
- Cash-on-cash
- 16.48%
- DSCR
- 1.73
- GRM
- 5.9
CMA / ARV
- ARV (median comp)
- $464,219
- List price
- $249,900
- Delta
- -40.78%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 11 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 1213 Jacob St | 0.08mi | 5/2.0 (+1) | 1,936 (-1%) | 3mo | $220,000 | $114 | 87 |
| 90 9th St | 0.26mi | 4/2.0 | 1,892 (-3%) | 12mo | $225,000 | $119 | 72 |
| 2205-2207 15th St | 0.02mi | 5/3.5 (+1) | 2,000 (+2%) | 18mo | $351,800 | $176 | 69 |
| 1227 Sausse Ave | 0.49mi | 4/2.0 | 1,944 (-1%) | 9mo | $190,000 | $98 | 69 |
| 55 Oakwood Ave | 0.53mi | 5/2.0 (+1) | 1,980 (+1%) | 8mo | $170,000 | $86 | 62 |
| 2363 Burdett Ave | 0.37mi | 5/2.0 (+1) | 2,200 (+12%) | 1mo | $265,000 | $120 | 57 |
| 62 College Ave | 0.56mi | 4/2.0 | 1,760 (-10%) | 1mo | $350,000 | $199 | 56 |
| 1528 Bouton Rd | 0.58mi | 3/2.0 (-1) | 1,908 (-3%) | 11mo | $294,000 | $154 | 54 |
| 1317 15th St | 0.74mi | 4/2.0 | 2,050 (+5%) | 19mo | $200,000 | $98 | 42 |
| 2435 5th Ave | 0.57mi | 3/2.0 (-1) | 1,692 (-14%) | 5mo | $279,900 | $165 | 42 |
| 3 St Pauls Pl | 0.70mi | 3/3.0 (-1) | 2,124 (+8%) | 7mo | $197,000 | $93 | 38 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 4.88% rent growth · sell at horizon
- IRR
- 9.8%
- Equity multiple
- 1.39×
- Total profit
- $27,562
- Equity at exit
- $37,261
- IRR
- 20.5%
- Equity multiple
- 2.89×
- Total profit
- $131,996
- Equity at exit
- $21,607
Cash invested: $69,972 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 15 Strongly Tenant-Friendly
- State New York
- 15 Strongly Tenant-Friendly · D+10
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 3 active · 6 under contract
- Months of supply
- 2.2 mo (44%/mo absorbed)
- Median asking
- $255,000 ($105/sqft)
- Median days on market
- 20 d
- This list price
- 33% of active listings are priced below it
- ARV vs active asking
- +125.0% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 12180
- Home prices YoY
- -33.3%
- Rents YoY
- 4.9%
- Active inventory
- 298
- Price-to-rent
- 11.9×
Monthly cashflow live
- Estimated rent
- $3,501 high interval (Pro) →
- Mortgage (P&I)
- −$1,311
- Tax from tax record
- −$390 /mo · $4,681/yr
- Insurance
- −$104
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$735
- Net cashflow
- $961
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 2 | 1 | $3,500 |
| #1 | 2 | 1 | $1,750 |
| #2 | 2 | 1 | $1,750 |
| Total (2 units) | $3,501 | ||
Break-even live
Sensitivity live
| Price | -10% $1,103 | -5% $1,032 | +0% $961 | +5% $890 | +10% $820 |
|---|---|---|---|---|---|
| Rent | -10% $684 | -5% $823 | +0% $961 | +5% $1,099 | +10% $1,238 |
| Rate | -1.0pp $1,087 | -0.5pp $1,025 | base $961 | +0.5pp $896 | +1.0pp $830 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $62,475
- Closing costs
- $7,497
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2209 15th St Troy, NY | 3.0 | 1.0 | 950 | $2,595 | $2.73 | 72d | 1 | 0.04mi |
| 2302 12th St Unit 2 Troy, NY | 3.0 | 1.0 | 1200 | $595 | $0.50 | 68d | 1 | 0.16mi |
| 2302 12th St Unit 1 Troy, NY | 3.0 | 1.0 | 1200 | $650 | $0.54 | 68d | 1 | 0.16mi |
| 2320 15th St Unit 1 Troy, NY | 1.0 | 1.0 | 1200 | $625 | $0.52 | 16d | 1 | 0.18mi |
| 169 Hutton St Unit 1 Troy, NY | 3.0 | 1.0 | 1500 | $595 | $0.40 | 68d | 1 | 0.23mi |
| 169 Hutton St Unit 2 Troy, NY | 1.0 | 1.0 | 500 | $1,050 | $2.10 | 68d | 1 | 0.23mi |
| 169 Hutton St Unit 2 Troy, NY | 2.0 | 1.0 | 1000 | $695 | $0.69 | 16d | 1 | 0.23mi |
| 136 9th St Unit 1 Troy, NY | 3.0 | 1.0 | 1500 | $595 | $0.40 | 68d | 1 | 0.24mi |
| 136 9th St Unit 2 Troy, NY | 3.0 | 1.0 | 1500 | $600 | $0.40 | 68d | 1 | 0.24mi |
| 238 8th St Troy, NY | 3.0 | 2.0 | 1200 | $2,200 | $1.83 | 16d | 1 | 0.28mi |
| 159 Hoosick St Unit 1F Troy, NY | 1.0 | 1.0 | 1050 | $1,050 | $1.00 | 68d | 1 | 0.30mi |
| 159 Hoosick St Unit 1R Troy, NY | 2.0 | 1.0 | 1050 | $795 | $0.76 | 68d | 1 | 0.31mi |
| 195 9th St Troy, NY | 3.0 | 2.0 | 1500 | $750 | $0.50 | 68d | 1 | 0.32mi |
| 2156 5th Ave Apt 1 Troy, NY | 1.0 | 1.0 | — | $1,250 | — | 16d | 1 | 0.46mi |
| 288 Hoosick St Troy, NY | 3.0 | 1.0 | 1800 | $695 | $0.39 | 68d | 1 | 0.47mi |
| 2420 21st St Troy, NY | 2.0 | 1.0 | 725 | $1,392 | $1.92 | 15d | 1 | 0.50mi |
| 2002 Federal St Troy, NY | 2.0 | 1.0–2.0 | 830 | $3,450 | $4.16 | 15d | 35 | 0.50mi |
| 2001 5th Ave Troy, NY | 2.0 | 1.0–2.0 | 850 | $2,650 | $3.12 | 15d | 8 | 0.53mi |
| 1808 5th Ave Troy, NY | 1.0 | 1.0 | 853 | $1,450 | $1.70 | 68d | 1 | 0.60mi |
| 88 14th St Unit 1 Troy, NY | 2.0 | 1.0 | 1000 | $795 | $0.80 | 68d | 1 | 0.61mi |
| 79 14th St Unit 1 Troy, NY | 3.0 | 1.0 | 1500 | $650 | $0.43 | 68d | 1 | 0.63mi |
| 3 25th St Troy, NY | 2.0 | 1.0 | 1035 | $1,525 | $1.47 | 15d | 1 | 0.64mi |
| 362 9th St Unit 1st Floor Troy, NY | 3.0 | 1.0 | 1156 | $1,575 | $1.36 | 72d | 1 | 0.65mi |
| 362 9th St Unit 1st Floor Troy, NY | 3.0 | 1.0 | 1156 | $1,575 | $1.36 | 68d | 1 | 0.65mi |
| 1611 6th Ave Troy, NY | 1.0–2.0 | 1.0–2.0 | 1024 | $3,000 | $2.93 | 15d | 18 | 0.68mi |
| 1647 5th Ave Troy, NY | 3.0 | 1.0 | — | $1,800 | — | 63d | 1 | 0.69mi |
| 36 13th St Unit 2 Troy, NY | 2.0 | 1.0 | — | $1,300 | — | 16d | 1 | 0.69mi |
| 51 14th St Unit 1 Troy, NY | 2.0 | 1.0 | 1000 | $850 | $0.85 | 63d | 1 | 0.70mi |
| 104 4th St Unit 2 Troy, NY | 3.0 | 1.0 | 950 | $1,800 | $1.89 | 63d | 1 | 0.72mi |
| 104 4th St Troy, NY | 2.0 | 1.0 | — | $1,800 | — | 63d | 1 | 0.72mi |
| 256 Broadway Troy, NY | 2.0 | 1.0 | 805 | $1,997 | $2.48 | 16d | 1 | 0.74mi |
| 200 Broadway Troy, NY | 2.0 | 1.0 | 1200 | $2,370 | $1.98 | 15d | 1 | 0.76mi |
| 53 3rd St Troy, NY | 1.0 | 1.0 | 1000 | $1,700 | $1.70 | 68d | 1 | 0.76mi |
| 124 Ferry St Troy, NY | 1.0–3.0 | 1.0–2.0 | 814 | $1,914 | $2.35 | 63d | 10 | 0.78mi |
| 1708 Highland Ave Unit 3 Troy, NY | 3.0 | 1.0 | 1485 | $595 | $0.40 | 68d | 1 | 0.78mi |
| 5 Broadway Troy, NY | 1.0–2.0 | 1.0 | — | $1,700 | — | 15d | 1 | 0.80mi |
| 150 4th St Troy, NY | 1.0 | 1.0 | 800 | $1,100 | $1.38 | 72d | 1 | 0.81mi |
| 1820 Highland Ave Unit 1 Troy, NY | 2.0 | 1.0 | 1000 | $850 | $0.85 | 68d | 1 | 0.81mi |
| 344 Congress St Unit 1 Troy, NY | 3.0 | 1.0 | — | $2,000 | — | 72d | 1 | 0.82mi |
| 12 Bank St Troy, NY | 3.0 | 2.0 | — | $2,300 | — | 72d | 1 | 0.82mi |
Property features AI
Finance
- Other
- Living area listed as 1,958 (value provided)Below-grade finished area listed as 800 (value provided)Lot dimensions approximately 25 x 100 (0.06 acres)
- Financial info
- Two-unit propertyTenants are responsible for electricity and gasOwner is responsible for trash collection, sewer, and water
- HOA & community
- No HOA information provided
Exterior
- Parking
- No parking information provided
- Security
- No security features listed
- Utilities
- 150 Amp electric servicePublic waterPublic sewer
- Home design
- DuplexCombination foundationVinyl sidingMain road frontage approximately 25 feet
- Construction
- Vinyl siding constructionCombination foundationAsphalt roof
- Exterior features
- Asphalt roofWood fencing / fenced yardLevel lotOther exterior features
Interior
- Kitchen
- Each unit includes a kitchen
- Bedrooms
- Two 2-bedroom units (one with bedrooms on the 1st floor, one with bedrooms on the 2nd floor)
- Flooring
- TileCarpetHardwood
- Bathrooms
- Two full bathrooms total (one full bath on 1st floor, one full bath on 2nd floor)
- Heating & cooling
- Forced air heatingNatural gas heating
- Interior features
- Tile, carpet, and hardwood flooringFull unfinished basement
- Laundry & utility
- No specific laundry or utility appliances listed
Listing history 50 events
-
2026-08-08days on market $249,900 Active 103 DOM
-
2026-08-07days on market $249,900 Active 102 DOM
-
2026-08-06days on market $249,900 Active 101 DOM
-
2026-08-05days on market $249,900 Active 100 DOM
-
2026-08-04days on market $249,900 Active 99 DOM
-
2026-08-03days on market $249,900 Active 98 DOM
-
2026-08-01price $249,900 Active 95 DOM
-
2026-07-31days on market $274,900 Active 95 DOM
-
2026-07-29days on market $274,900 Active 93 DOM
-
2026-07-27days on market $274,900 Active 91 DOM
-
2026-07-25days on market $274,900 Active 89 DOM
-
2026-07-23days on market $274,900 Active 87 DOM
-
2026-07-22days on market $274,900 Active 86 DOM
-
2026-07-21days on market $274,900 Active 85 DOM
-
2026-07-18days on market $274,900 Active 82 DOM
-
2026-07-16days on market $274,900 Active 80 DOM
-
2026-07-16days on market $274,900 Active 79 DOM
-
2026-07-14days on market $274,900 Active 78 DOM
-
2026-07-14days on market $274,900 Active 77 DOM
-
2026-07-12days on market $274,900 Active 76 DOM
-
2026-07-11days on market $274,900 Active 75 DOM
-
2026-07-10days on market $274,900 Active 74 DOM
-
2026-07-09days on market $274,900 Active 73 DOM
-
2026-07-07days on market $274,900 Active 71 DOM
-
2026-07-06days on market $274,900 Active 70 DOM
-
2026-07-05days on market $274,900 Active 69 DOM
-
2026-07-04days on market $274,900 Active 68 DOM
-
2026-07-03days on market $274,900 Active 67 DOM
-
2026-07-02days on market $274,900 Active 66 DOM
-
2026-07-01days on market $274,900 Active 65 DOM
-
2026-06-30days on market $274,900 Active 64 DOM
-
2026-06-29days on market $274,900 Active 63 DOM
-
2026-06-28days on market $274,900 Active 62 DOM
-
2026-06-28days on market $274,900 Active 61 DOM
-
2026-06-27days on market $274,900 Active 60 DOM
-
2026-06-25days on market $274,900 Active 58 DOM
-
2026-06-23days on market $274,900 Active 56 DOM
-
2026-06-21days on market $274,900 Active 55 DOM
-
2026-06-18days on market $274,900 Active 52 DOM
-
2026-06-17days on market $274,900 Active 51 DOM
-
2026-06-16days on market $274,900 Active 50 DOM
-
2026-06-15days on market $274,900 Active 49 DOM
-
2026-06-14days on market $274,900 Active 47 DOM
-
2026-06-13days on market $274,900 Active 46 DOM
-
2026-06-10days on market $274,900 Active 44 DOM
-
2026-06-09days on market $274,900 Active 43 DOM
-
2026-06-08days on market $274,900 Active 42 DOM
-
2026-06-07days on market $274,900 Active 41 DOM
-
2026-06-03days on market $274,900 Active 37 DOM
-
2026-06-02days on market $274,900 Active 36 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast NY · Partial reset (capped growth)
- Current annual tax
- $4,681 · $390/mo
- Projected year-2 tax
- $4,681 · $390/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 4/10 Moderate 7 d/yr ≥95°F today · 16 d/yr by 30 yrs out
- Wind 3/10 Moderate 6% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $42,012
- − Mortgage interest
- −$13,998
- − Property taxes
- −$4,681
- − Insurance
- −$1,250
- − Repairs & maintenance
- −$3,361
- − Management
- −$3,361
- − Depreciation
- −$7,270
- Taxable income
- $8,091
- Est. tax owed @ 24.0%
- −$1,942
- After-tax cash flow
- $9,591/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 10 photos
This 2-family home requires moderate renovations, including painting, updating the kitchen, and replacing the flooring, to improve its condition and value.
Components & finishes AI
Deferred maintenance Est. $20,000–$60,000 screening
- Major Roof (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — No roof material or condition visible
- Major Hvac (roof|hvac|water heater|windows|electrical|plumbing|exterior|other) — No HVAC type or condition visible
Repairs flagged
- Major Paint — Chipped paint in multiple areas indicates significant wear and tear.
- Major Flooring — Worn hardwood floors in the entryway and kitchen need refinishing or replacement.
- Minor Kitchen cabinets — Dated cabinets can be updated with new ones.
- Minor Bathroom fixtures — Older fixtures can be replaced with modern ones.
Value-add opportunities
- Both Painting the exterior and interior walls — Fresh paint can improve the curb appeal and interior aesthetics, attracting more renters and buyers. ↑
- Both Updating the kitchen cabinets and fixtures — Modernizing the kitchen can increase the home's value and appeal to a broader range of potential buyers and renters. ↑
- Both Replacing the hardwood floors — New flooring can significantly enhance the home's value and appeal, making it more attractive to buyers and renters. ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Troy City School District
- NCES district ID
- 3628950
- Math proficiency
- 44% ▲ 6.00%
- Reading proficiency
- 46% ▲ 6.00%
- Median HH income
- $42,143
- Composite
- 37.89/100
- National rank
- #4318
- State rank
- #467 of 590 in NY
Livability — Troy
- Score
- 81/100
- State rank
- #88
- US rank
- #1350
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Troy, NY
- County
- Rensselaer County · 162,400 people
- City population
- 53,479
- Metro
- Albany-Schenectady-Troy, NY
- Population (ZIP)
- 53,479
- Household income
- $75,851
- Rent vs Own
- Severe rent burden
- 12% of renters
Population outlook (Rensselaer County) Hauer SSP2
- Today (2025)
- 162,400 people
- By 2030
- 161,746 · -0.4%
- By 2040
- 158,095 · -2.7%
- By 2050
- 152,966 · -5.8%
- By 2075
- 140,767 · -13.3%
- By 2100
- 124,727 · -23.2%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (70%)
- Race & ethnicity
- White 70% Black 12% Hispanic / Latino 8% Two or more races 8% Asian 5%
- Hispanic origin (detail)
- Mexican 1% Puerto Rican 4%
- Common ancestry
- Romanian 5% Lithuanian 5% Slovak 1%
- Foreign-born
- 10% · Canada, China
- Languages at home
- 88% English-only · Spanish 4% Other Indo-European 2% Arabic 2%
Political lean MEDSL · Rensselaer
- 2024 margin
- Toss-up / Even · D 50.7% · R 49.3%
- 2008→2024 swing
- -8.0pp toward R · 2008: 9.3pp · 2024: 1.4pp
- All cycles
- 2024: D+1.4 2020: D+5.6 2016: R+2.9 2012: D+11.8 2008: D+9.3
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -142.53%
- Current HPI
- 285.0762
- Rent YoY
- ▲ 4.88%
- Metro
- Albany-Schenectady-Troy, NY
- State GDP YoY
- ▲ 2.60%
- F500 in state
- 92
Industry mix (Fortune 500 HQ in NY)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 10 | $950B |
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| Consumer Goods | 9 | $162B |
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| Insurance | 4 | $225B |
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| Telecommunications | 2 | $144B |
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| Pharmaceuticals | 2 | $112B |
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| Media / Entertainment | 2 | $69B |
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Price history
+251.8% since first listed21 events — show timeline
- 2026-04-27 Listed $274,900 Global MLS
- 2025-07-01 Listing Removed — Global MLS
- 2025-03-18 Price Changed $299,900 Global MLS
- 2025-01-06 Listed $319,000 Global MLS
- 2024-12-02 Listing Removed — Global MLS
- 2024-11-12 Price Changed $319,000 Global MLS
- 2024-10-05 Listed $339,000 Global MLS
- 2021-12-28 Sold (Public Records) $177,000 Public Records
- 2021-12-14 Pending — Global MLS
- 2021-11-16 Pending — Global MLS
- 2021-11-02 Listed $179,900 Global MLS
- 2020-04-01 Listing Removed — Global MLS
- 2020-01-21 Listed $167,500 Global MLS
- 2008-06-23 Sold (MLS) $152,578 Global MLS
- 2008-04-17 Listing Removed — Global MLS
- 2007-09-25 Listed $149,900 Global MLS
- 2007-07-09 Sold (Public Records) $106,000 Public Records
- 2007-06-25 Sold (MLS) $106,000 Global MLS
- 2007-05-23 Listing Removed — Global MLS
- 2006-07-24 Listed $108,900 Global MLS
- 2005-10-12 Sold (Public Records) $78,150 Public Records
Property tax history
+15.8%/yrLatest (2025): $4,681 · +2.3% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…