2 Cary Street
About This Property
Upgrades!
• Central air installed two years ago
• New gutters installed last year
• Pull-down stairs provide easy attic access
• Yard is well-suited for home gardening
Proximity!
• Conveniently located just 15 miles from Albany and 25 minutes to Albany International Airport (ALB)
• Enjoy nearby access to the Hudson River and local state parks.
• Easy access to Capital District hospitals and universities, not to mention you're two hours from the NYC area!
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Cap Rate Calculator
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