45
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1575 Union Street
About This Property
Step inside to find gleaming hardwood floors throughout, complemented by stylish ceramic tile bathrooms and quality finishes at every turn. The stunning kitchen is the heart of the home, featuring a large center island, ample cabinetry, and an open layout ideal for entertaining. Convenience abounds with first-floor laundry, a first-floor bedroom, and a private primary suite.
The inviting living room showcases a wood-burning fireplace with a new liner, creating a warm and welcoming atmosphere. Major improvements provide peace of mind, including new windows, updated mechanical systems, new plumbing, and new electrical throughout.
Outside, relax on the oversized front porch and enjoy the charm and curb appeal this classic home offers. Completely renovated from top to bottom, this exceptional property is truly turnkey, simply unpack your bags and move right in!
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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 Schenectady
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017