111 Spring St
Cobleskill, NY 12043
15 Beds
5 Baths
6,400 sqft (on 0.25 acres)
15 Beds
5 Baths
6,400 sqft
(on 0.25 acres)
Home Value
Trulia Estimate
$548KSince last month
Decreased$38K (-6.1%)Since last year
Increased$69K (+13.3%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +40% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $587K |
| July 2026 | $579K |
| June 2026 | $625K |
| May 2026 | $636K |
| April 2026 | $588K |
| March 2026 | $648K |
| February 2026 | $598K |
| January 2026 | $607K |
2025 | |
2024 | |
2023 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.18 | Multi-Family Home | $312,950 | 02/25/26 | 3 | 3.5 | 2,540 | |
0.25 | Multi-Family Home | $254,900 | 01/16/26 | 6 | 2 | 2,204 | |
0.29 | Multi-Family Home | $105,000 | 03/03/26 | 6 | 2 | 2,184 | |
0.34 | Multi-Family Home | $283,500 | 01/06/26 | 3 | 2 | 2,644 | |
5.77 | Multi-Family Home | $55,000 | 11/19/25 | 4 | 3 | 1,776 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.07 | $210,000 | 4 | 1.5 | 2,542 | Recently Sold | |
0.04 | $169,500 | 3 | 3 | 1,918 | Off Market | |
0.06 | $1,368,400 | 44 | 32 | 21,076 | Off Market | |
0.11 | $254,400 | 5 | 4 | 3,531 | Off Market | |
0.16 | $278,500 | 3 | 2.5 | 4,176 | Off Market | |
0.18 | $312,950 | 3 | 3.5 | 2,540 | Recently Sold | |
0.22 | $128,400 | 4 | 2 | 2,112 | Off Market | |
0.23 | $244,600 | Studio | - | 3,000 | Off Market | |
0.24 | $227,300 | Studio | - | 3,000 | Off Market | |
0.21 | $162,900 | 3 | 2 | 1,700 | Off Market | |
0.24 | $181,700 | 5 | 2.5 | 3,560 | Off Market | |
0.19 | $201,100 | 2 | 1 | 800 | Off Market |
Local Information
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Home Highlights
Property Type
Multi-Family
Year Built
1939
Lot Size
0.25 acres
Living Area
6,400 sqft
Price/Sqft
$86
About this House
We just reduced the price to $319,500 on this totally renovated in 2013 & 2014 this 5 unit building offers a total of 15 bedrooms and finishes that you would expect to see in luxury condos. If requested by the new owners, our company will continue to entirely manage the property for a fee of $250/month.
The property produces a steady income each month. At a reduced price of $319,500 and using 2015 and 2016 Actual financial results it is offered at a 13% Cap Rate and 5.9 times the Rent Roll. Properties of similar quality are offered at an 8% Cap Rate and 7 times the Rent Roll. Ancillary rent is generated from parking and storage sheds.
Three units were gut renovated. The remaining two units underwent moderate renovations. Significant renovations to the exterior and infrastructure were made as well. We built in the ability to convert 2 apartments into more bedrooms offering 17 in total. This allows the new owners more flexibility to accommodate tenants and keep occupancy high. These renovations alone cost us $150k.
The property is located in the center of Cobleskill yet only minutes to Interstate 88 and 9/10th of a mile to the SUNY Cobleskill Campus. Therefore it appeals to a variety of tenant types including commuters to Albany, local families, and SUNY Cobleskill faculty and students. Because of this wide appeal, and the apartments’ size, vacancies are miniscule.
The property's maintenance man lives on site and can be retained for regular maintenance, viewings, and emergencies. This relieves the new owners from nuisances that other real estate investors must contend with.
However, if requested by the new owners, our company will continue to entirely manage the property for a fee of $250/month. The new owners will spend essentially none of their time with property management as we will handle ALL responsibilities including screening tenants, collections, maintenance and emergency repairs, advertising, and filling vacancies, etc. Given our experience managing properties coupled with our knowledge of the renovations and work that has been done to the property, this will alleviate all day to day responsibilities that other real estate owners must contend with. You are likely aware that this offer is not made available elsewhere.
This is a MUST sell situation. Therefore no reasonable offer will be ignored.
The property produces a steady income each month. At a reduced price of $319,500 and using 2015 and 2016 Actual financial results it is offered at a 13% Cap Rate and 5.9 times the Rent Roll. Properties of similar quality are offered at an 8% Cap Rate and 7 times the Rent Roll. Ancillary rent is generated from parking and storage sheds.
Three units were gut renovated. The remaining two units underwent moderate renovations. Significant renovations to the exterior and infrastructure were made as well. We built in the ability to convert 2 apartments into more bedrooms offering 17 in total. This allows the new owners more flexibility to accommodate tenants and keep occupancy high. These renovations alone cost us $150k.
The property is located in the center of Cobleskill yet only minutes to Interstate 88 and 9/10th of a mile to the SUNY Cobleskill Campus. Therefore it appeals to a variety of tenant types including commuters to Albany, local families, and SUNY Cobleskill faculty and students. Because of this wide appeal, and the apartments’ size, vacancies are miniscule.
The property's maintenance man lives on site and can be retained for regular maintenance, viewings, and emergencies. This relieves the new owners from nuisances that other real estate investors must contend with.
However, if requested by the new owners, our company will continue to entirely manage the property for a fee of $250/month. The new owners will spend essentially none of their time with property management as we will handle ALL responsibilities including screening tenants, collections, maintenance and emergency repairs, advertising, and filling vacancies, etc. Given our experience managing properties coupled with our knowledge of the renovations and work that has been done to the property, this will alleviate all day to day responsibilities that other real estate owners must contend with. You are likely aware that this offer is not made available elsewhere.
This is a MUST sell situation. Therefore no reasonable offer will be ignored.
111 Spring St, Cobleskill, NY 12043 is a 15 bedroom, 5 bathroom, 6,400 sqft multi-family built in 1939. More recently, it was listed as a rental in August 2018 with an asking price of $895 per month. That rental listing was removed on March 24, 2021. It is currently off market. The Trulia Estimate is $547,600, with a rent estimate of $1,415/month.
Home Details for 111 Spring St
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Interior Details BasementAdditional StorageNumber of Rooms: 26Types of Rooms: Dining Room, Family RoomStorage |
Levels, Entrance, & Accessibility Stories: 3Floors: Tile, Hardwood |
Appliances & Utilities MicrowaveRefrigerator |
Windows, Doors, Floors & Walls Double Paned Windows |
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Exterior Home Features Roof: MetalDeckGardenLawnPatio |
Parking & Garage Parking: Off Street |
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Year Built Year Built: 1939Year Updated: 2013 |
Property Type / Style Property Type: Multi Family |
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Units in Building: 5 |
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Lot Area: 10890 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Mar 24, 2021 Source: N/A | ListingRemoved | |
Sep 2, 2018 Source: N/A | ListingRemoved | $895 |
Aug 3, 2018 Source: N/A | Listed For Rent | $895 |
Dec 6, 2016 Source: N/A | ListingRemoved | $349,500 |
Mar 1, 2016 Source: N/A | PriceChange | $349,500 Price decreased by 0% |
Feb 14, 2016 Source: N/A | Listed For Sale | $349,900 |
Jun 18, 2015 Source: Agent Provided | ListingRemoved | $1,045 |
Jun 12, 2015 Source: Agent Provided | Listed For Rent | $1,045 |
May 9, 2014 Source: N/A | ListingRemoved | $845 |
May 9, 2014 Source: N/A | PriceChange | $845 Price increased by 13% |
Apr 25, 2014 Source: N/A | Listed For Rent | $745 |
Market trends in Cobleskill
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
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Around this home
What Locals Say about Cobleskill
At least 18 Trulia users voted on each feature.
91 % Say parking is easy
87 % Say car is needed
86 % Say kids play outside
83 % Say there's wildlife
81 % Say it's walkable to restaurants
81 % Say there's holiday spirit
75 % Say yards are well-kept
72 % Say people would walk alone at night
72 % Say there are sidewalks
69 % Say it's dog friendly
59 % Say it's walkable to grocery stores
59 % Say it's quiet
57 % Say neighbors are friendly
54 % Say streets are well-lit
52 % Say they plan to stay for at least 5 years
33 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Apartments for Rent
Homes for sale near 111 Spring St
OPEN SUN, 11-1PM0.5 ACRESListing by: Better Spaces Realty, Active
See more homes for sale inCobleskill
Off Market Homes Near 111 Spring St
SOLDAUG 7, 2026Country Boy Realty, Closed
SOLDAUG 4, 2026Howard Hanna Capital Inc, Closed
SOLDJUL 28, 2026Keller Williams Upstate NY Properties
SOLDJUL 24, 2026Woodard Realty, Closed
SOLDJUN 30, 2026eXp Realty, Closed
SOLDJUN 30, 2026Century 21 North East, Closed
SOLDJUN 16, 2026KW Platform, Closed
SOLDJUN 2, 2026Howard Hanna Capital Inc, Closed
SOLDMAY 29, 2026Real Estate Associates, Closed
SOLDAPR 15, 2026Country Boy Realty, Closed- See more homes for sale inCobleskill
Frequently asked questions about 111 Spring St
- What is 111 Spring St estimated to be worth?Trulia's estimated value for 111 Spring St in Cobleskill, NY is $547,600.
- Is Cobleskill a buyer's or seller's market?Cobleskill is currently a seller's market, based on recent for-sale activity.
- What do residents say about Cobleskill?Residents describe Cobleskill, NY as easy to park in, walkable to restaurants, and well-kept. See recently sold homes in Cobleskill, NY.
- What are the closest schools to 111 Spring St?The closest schools to 111 Spring St in Cobleskill, NY are Cobleskill Richmondville High School (rated 5/10), George D Ryder Elementary School (Pre-K), Joseph B Radez Elementary School (rated 4/10).
- Does 111 Spring St have parking?Yes, 111 Spring St in Cobleskill, NY has on-site parking.