253 Vly Road
About This Property
Step inside to find gleaming wood floors, fresh paint, and a bright, welcoming floor plan. The good-sized bedrooms provide plenty of personal space, while the updated full bath features an oversized tile surround in the tub/shower area for a clean, contemporary look.
The updated kitchen is a standout--designed with today's finishes and functionality in mind. Enjoy beautiful white Shaker cabinetry with a lazy susan corner, granite countertops, dramatic black hardware, custom tile backsplash, and an open storage pantry. All-new stainless steel appliances include a French-door refrigerator with freezer drawer, microwave oven, and dishwasher. A convenient laundry closet adds everyday ease.
You'll love the amazing private bonus space for the perfect office, workout room, yoga studio or playroom... endless possibilities!
Outside, the property shines. The huge, grassy backyard is perfect for play, pets, or outdoor entertaining. An extra-wide paved driveway accommodates multiple vehicles or a basketball hoop, and the 1-car garage adds storage and convenience. A majestic oak tree anchors the front yard with timeless curb appeal. Money-saving solar panels provide added efficiency.
This home is truly spic and span and move-in ready. Located in the South Colonie School District, with Saddlewood Elementary and Lisha Kill Middle School. Minutes to shopping, dining, and anywhere in the Capital District--an unbeatable combination of comfort and convenience.
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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 Albany
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017