24 Frances Lane
About This Property
INTERIOR:
• Freshly painted throughout
• Real wood trim and windows, in a warm and modern finish
• Ample closet and storage space throughout
FIRST FLOOR:
• Large, refreshed eat-in kitchen with brand new quartz countertops
• Formal dining room connected to a large living room with plenty of space for entertaining
• Oversized family room with vaulted ceilings, wood-burning fireplace and smart skylights with remote shades
SECOND FLOOR:
• Spacious primary suite with walk-in closet, oversized soaking tub and separate shower
• Two additional generously sized bedrooms and full bathroom
• Seller credit offered toward new second-floor flooring (original carpets were very worn and taken out prior to listing)
BASEMENT:
• Sheetrocked walkout basement ready for additional living space, home office, gym, playroom, media room or in-law potential
EXTERIOR:
• Brand new roof with warranty
• Brand new deck with access from the kitchen, family room and yard
• Large private yard
• Quiet cul-de-sac setting
LOCATION:
• Guilderland Schools
• Minutes to Crossgates Mall, Stuyvesant Plaza, restaurants, shopping and everyday conveniences
• Quick access to I-90, the Northway, Thruway and 890
• Convenient to the UAlbany Nanotech Campus and major Capital Region employers
Takeaway: the major updates are already done, the layout makes sense and the location delivers the convenience buyers want without giving up privacy and space
Please note: the listing agent is related to the sellers. Some photos have been digitally staged with furniture, but no photos were altered to change the condition of the property.
Payment Calculator
Your Estimated Monthly Payment
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.
Price History
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017