19 Midway Drive
About This Property
Welcome home to this beautifully updated property located in the highly desirable South Colonie School District! Featuring a stunning fully remodeled kitchen with an open floor plan perfect for entertaining, this home offers the ideal blend of comfort and style. Gorgeous Brazilian hardwood floors shine throughout the main living space, while the lower-level family room provides the perfect opportunity for additional living space or a potential extra bedroom, complete with direct walkout access to the backyard. Step outside to your massive fully fenced yard featuring a two-story deck -- ideal for summer cookouts, gatherings, and relaxing evenings. Offering 3 bedrooms, a dead-end street location, and true pride of ownership throughout, this is one you do not want to miss!
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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