3031 Lillian Road
About This Property
The completely remodeled kitchen features quartz countertops, stainless steel appliances, and a ceramic tile backsplash. The remodeled full bathroom showcases a ceramic tile surround and a stylish vanity with a quartz countertop. Hardwood floors flow throughout the first floor, adding warmth and character to the living spaces.
In addition to the 3 bedrooms, you will find a versatile second floor loft that is ideal for a home office, reading nook, or flex space. The basement offers abundant storage and provides excellent potential for a home gym, workshop, or hobby area.
Additional improvements include new windows and new gutters, allowing you to move in with confidence.
Situated on a corner lot, you will enjoy being just minutes from the scenic trails and recreational opportunities at Tawasentha Park, as well as approximately 15 minutes to downtown Schenectady and 20 minutes to downtown Albany, making dining, shopping, and entertainment easily accessible. Located in the highly regarded Guilderland Central School District, this home offers the perfect combination of location, updates, and convenience.
Do not miss your opportunity to own this beautifully updated home in a convenient Guilderland location.
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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%.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017