1 Alva Drive
About This Property
This 3-bedroom, 2-full-bath ranch offers easy one-floor living with a bright, open floor plan and tons of natural light from oversized windows.
Enjoy new flooring, fresh paint, recessed lighting, and central air. The bright kitchen features granite countertops, stainless steel appliances, and a center island-perfect for everyday living and entertaining.
The primary suite boasts cathedral ceilings, two walk-in closets, and en-suite.
Situated on a fenced corner lot for added privacy and minutes from schools, shopping, dining, and everything the Town of Colonie has to offer.
Move-in ready and made to impress-don't miss this one!
Check out the virtual tour & YouTube video!
Some photos have been virtually staged.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
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About Albany
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017