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289 Miller Road
About This Property
2 sliders plus French doors opening to the front porch. The main floor also offers 3 bedrooms, laundry, & updated kitchen with SS appliances that is open to the dining area, plus 2 & a half baths (one
ensuite). The finished basement area features a large room with egress window that walks out to the 2-car garage. Furnace, A/C, heat pump, & on-demand hot water all just 5 yrs old. Located less than 1 mi. from I-90 and 15 mins. to Albany. East Greenbush schools. Don't miss this one!
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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