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36 FARLEY Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Nov 12, 2025 | In contract | - | |
| In contract | |||
| Nov 2, 2025 | Listed by Gucciardo Real Estate LLC | $329,900 | |
| Listed by Gucciardo Real Estate LLC | |||
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Welcome to this beautifully updated 3 bedroom 1.5 bath home at 36 Farley Drive in Rensselaer. Featuring hardwood floors, fresh paint throughout, and a fully renovated full bath. Enjoy spacious bedrooms, an extra family room on the first floor, a fenced backyard with mature trees for privacy, and a two car garage. The kitchen offers new appliances and flows nicely into the dining and living areas, perfect for everyday living and entertaining.
Located on a quiet, desirable street just minutes from shopping, restaurants, colleges, and downtown Albany. Whether you are a first time homebuyer or simply looking for your next move up, this home is the one for you.
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| Jan 18, 2022 | Sold | ||
| Sold | |||
| Oct 25, 2021 | Listed by Venture Realty Partners | $219,900 | |
| Listed by Venture Realty Partners | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017