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2501 Angelina Drive
About This Property
The soaring two story foyer full of natural light welcomes you into the home. The main living area includes a formal living room and dining room with hardwood floors plus a large family room with wood burning fireplace and vaulted ceilings with skylights. A spacious eat in kitchen with island and breakfast area has slider access to the deck overlooking the private yard and in-ground pool (new liner in 2024). A nice feature is the first floor full bathroom with ensuite access from the home office or alternatively a great 5th bedroom option. Finally, a separate laundry room completes the first floor.
The comfortable primary suite with sitting area, walk in closet and large bath with jetted tub and separate WC is located on the second floor together with three other large bedrooms and main bath.
The basement adds a significant finished area to play and entertain as well as additional storage. The home and property have been well cared for and maintained by these original owners including new roof (2014 back and 2023 front) and new HVAC 2018 and is now ready for new owners.
Located in the sought after Niskayuna School District.
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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