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508 Yates Street, Albany, NY 12208

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For Sale

$229,900

6 beds • 2 baths • 1,740 sqft

Estimated Payment

$ 1,517 /mo. †

6.67% APR for 30 yrs.
$4,003 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $132.13
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Cash Flowing 2 family located in a strong rental area. Great rental history. Updates throughout, One unit can be delivered vacant at time of closing if purchaser decides to owner occupy.
MLS# 202429551

Courtesy Of RE/MAX Solutions

(518) 225-3538

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Porch
  • Architecture Style
    New Traditional
  • Exterior Type
    Aluminum Siding
  • Floor Covering
    Tile, Vinyl, Wood
  • Heating System
    Forced Air
  • Lot Size
    0.06 Acres

Map and Directions

Directions to 508 Yates Street, Albany, NY 12208

Home seller CENTURY 21 Rural Estates

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(518) 895-2902
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,183
  • Property Taxes
    $333
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,517

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

New Scotland Elementary School

Grades PK-5 Public School

Albany, NY 12208 0.6 miles
385 new scotland ave

450 total students
14:1 Student teacher ratio

School Rating: C+

School Details

William S. Hackett Middle School

Grades 6-8 Public School

Albany, NY 12202 1 miles
45 delaware ave

646 total students
12:1 Student teacher ratio

School Rating: D+

School Details

Albany High School

Grades 9-12 Public School

Albany, NY 12203 0.4 miles
700 washington ave

2607 total students
14:1 Student teacher ratio

School Rating: C-

School Details
Other Nearby Schools Distance Type Grades School Rating
La Salle School 0.3 miles Private 6-12
Lasalle School 0.3 miles Private 6-12
St Catherine's Center For Children R & E May School 0.4 miles Private 1-6
Maimonides Hebrew Day School 0.4 miles Private PK-12
Pine Hills Elementary School 0.6 miles Public PK-5 D-
Brighter Choice Charter School For Girls 0.7 miles Public KG-5 C+
Brighter Choice Charter School For Boys 0.7 miles Public KG-5 B
Castle Island Bilingual Montessori 0.8 miles Private PK-5
Neil Hellman School/northern Rivers Family Service 0.8 miles Private 3-12
St Anne Institute 0.8 miles Private 7-12
Philip J. Schuyler Achievement Academy 0.8 miles Public PK-5 D+
Sheridan Preparatory Academy 0.9 miles Public PK-5 D-
Blessed Sacrament School 0.9 miles Private PK-8
Hebrew Academy Of The Capital District 0.9 miles Private KG-8
Albany Academies 1 miles Private PK-12
Albany Leadership Charter High School For Girls 1 miles Public 9-12 D+
Henry Johnson Charter School 1.1 miles Public KG-4 B

La Salle School

Distance: 0.3 miles

Type Private

Grades: 6-12

Lasalle School

Distance: 0.3 miles

Type Private

Grades: 6-12

St Catherine's Center For Children R & E May School

Distance: 0.4 miles

Type Private

Grades: 1-6

Maimonides Hebrew Day School

Distance: 0.4 miles

Type Private

Grades: PK-12

Pine Hills Elementary School

Distance: 0.6 miles

Type Public

Grades: PK-5

D-

Brighter Choice Charter School For Girls

Distance: 0.7 miles

Type Public

Grades: KG-5

C+

Brighter Choice Charter School For Boys

Distance: 0.7 miles

Type Public

Grades: KG-5

B

Castle Island Bilingual Montessori

Distance: 0.8 miles

Type Private

Grades: PK-5

Neil Hellman School/northern Rivers Family Service

Distance: 0.8 miles

Type Private

Grades: 3-12

St Anne Institute

Distance: 0.8 miles

Type Private

Grades: 7-12

Philip J. Schuyler Achievement Academy

Distance: 0.8 miles

Type Public

Grades: PK-5

D+

Sheridan Preparatory Academy

Distance: 0.9 miles

Type Public

Grades: PK-5

D-

Blessed Sacrament School

Distance: 0.9 miles

Type Private

Grades: PK-8

Hebrew Academy Of The Capital District

Distance: 0.9 miles

Type Private

Grades: KG-8

Albany Academies

Distance: 1 miles

Type Private

Grades: PK-12

Albany Leadership Charter High School For Girls

Distance: 1 miles

Type Public

Grades: 9-12

D+

Henry Johnson Charter School

Distance: 1.1 miles

Type Public

Grades: KG-4

B

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Albany, NY 12208

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Albany, NY 12208

This community’s employment is highest in the education and healthcare practitioners industries. The area’s overall household expenses are above the national average.

83° July
Hottest Average Month
13° January
Coldest Average Month
10,015 Total Households in Area
0.1% Increase in population since the year 2010
18.5%
of households
have children
17 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Albany, NY 12208

Albany, NY 12208 has a population of 22,636 people in 10,015 households with a median age of 36.1 years old.

0.1%
Increase in population
since the year 2010
Population is Trending up
10,031
Total households as of 2010
4.2%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 36.1 years old. The smallest percentage group is 18-24 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 61%
Black 17%
Asian 11%
Hispanic 8%
Other 4%
Native American <1%
The most prevalent ethnicity is White at 61%, followed by Black at 17%, Asian at 11%, and Hispanic at 8%.

Economics
for Albany, NY 12208

5,261 /sq mi
Population Density
$77,275 /yr
Median Household Income
$360,000
Median Sales Price
17 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 15.56% of the households.

Transportation to Work

  • Drive 72%
  • Walk or Bike 11%
  • Work from Home 9%
  • Public Transit 8%

Occupancy by Type

Rented 5,117 46%
Owned 4,898 44%
Vacant 1,112 10%

White vs Blue Collar Jobs







White Collar 89%
Blue Collar 11%

Family & Education Facts
for Albany, NY 12208

36.1 Median Age

Average Household Size

2.1
persons per
household

32.1%

Married Households

Community Population By Education

Graduate Degree 30%
Bachelors Degree 29%
High School Graduate 15%
Some College 13%
Associates Degree 8%
Some High School 6%
Of the total people surveyed, the most prevalent educational attainment level is Graduate Degree, representing 30.21% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
18.5% of households have children

Weather
for Albany, NY 12208

The weather for this area ranges from a high of 83° F in July to a low of 13° F in January

83° July
Hottest Average Month
13° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
13°
32°
Feb
15°
35°
Mar
25°
44°
Apr
36°
58°
May
47°
70°
Jun
56°
78°
Jul
60°
83°
Aug
59°
81°
Sep
51°
73°
Oct
40°
61°
Nov
32°
49°
Dec
20°
36°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Albany, NY 12208!
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Copyright © 2025 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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