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7 Maryland Avenue, Albany, NY, 12205

2beds
1baths
1,118sqft
$270,000
$242price/sqft
$2,081/moest. monthly cost
$83,240/yrincome needed

About This Home

Welcome to this charming and affordable 2-bedroom, 1-bath home--an excellent opportunity for first-time buyers, downsizers, or anyone looking for a comfortable home in a convenient location! Freshly painted throughout, this home offers a bright, clean, and inviting feel from the moment you walk in. The spacious outdoor area provides plenty of room for entertaining, recreation, gardening, boats, multiple vehicles, or simply enjoying your own private space.

Getting Around

39
WalkingCar-Dependent
28
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

6/10
Lisha Kill Middle SchoolGrades 5-80.6 mi
8/10
9/10
Veeder Elementary SchoolGrades PK-41.0 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1900

Materials

  • Foundation: Slab
  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence,Residential

Interior

Appliances

  • Appliances included: Oven,Range,Refrigerator
  • Laundry features: Main Level

Bedroom

  • Level: First

Bedroom

  • Level: First

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • High Speed Internet,Eat-in Kitchen
  • Window features: Double Pane Windows
  • Flooring: Vinyl
  • Finished area below ground: 0
  • Finished area above ground: 1,118

Full Bathroom

  • Level: First

Heating & Cooling

  • Heating features: Baseboard,Hot Water,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,118
  • Total interior livable area: 1,118 sqft

Kitchen

  • Level: First

Living Room

  • Level: First

Property

Details

  • Parcel number: 012689 29.5519
  • Zoning description: Commercial
  • Special condition: Standard

Features

  • Patio & porch: Front Porch
  • Exterior features: Garden
  • Has view: Yes
  • View description: Garden

Lot

  • Lot size: 6,098 sqft
  • Features: Level,Cleared,Garden,Landscaped

Parking

  • Total spaces: 6
  • Parking features: Paved,Detached,Driveway
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Ice Storm
    Ice StormModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Ice Storm
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Albany County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,365$16,380
Home Insurance *$88$1,056
Property Taxes $382$4,584
Electricity $246$2,954
Total$2,081$24,972
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$71,348/yr
40% on housing$62,430/yr
45% on housing$55,493/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: -5.7%
-5.7%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -4.0%
-4.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$242This listing

vs Other Active Listings

Avg $/sqft

ZIP 12205$226
Albany County$195

vs Homes Sold Last Month

Median $/sqft

ZIP 12205$225
Albany County$223

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-13Price change$270,000
2026-05-21Listed for sale$300,000
2019-11-15Sold$173,000
2019-09-06Pending sale$179,900
2019-08-08Price change$179,900
2019-07-24Listed for sale$190,000
2009-03-18Sold$115,000
2008-10-30Listed for sale$129,900
2000-07-19Sold$70,500

For Sale by Agent

AgentArpi Balgin
BrokerageSerenity Real Estate Team

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