1009 Valentine Drive
About This Property
Numerous major updates provide peace of mind, including a completed septic clean-out, updated HVAC system, and upgraded electrical breaker box.
The spacious layout offers a bright living room, comfortable dining and kitchen areas, and generously sized bedrooms. Additional finished space in the lower level provides even more room to accommodate your lifestyle. Outside, enjoy the private backyard and attached garage.
With important mechanical and infrastructure updates already completed, along with stylish new hardwood floors and versatile additional space, 1009 Valentine Drive is a wonderful opportunity to own a move-in-ready home in a convenient Schenectady location. Nothing to do but move in and enjoy!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017