41 Ford Avenue
About This Property
Don't miss this beautifully renovated 3-bedroom, 1-bathroom home situated on a quiet residential street in Troy. The property has been extensively updated, offering a fresh, modern feel throughout with brand-new flooring, a completely renovated kitchen and bathroom, and numerous additional updates.
The home offers excellent natural light and a spacious layout, with two carpeted bedrooms located upstairs. Outside, you'll find a large backyard and a private driveway with off-street parking for two vehicles, a valuable convenience in the city.
Move-in ready and thoughtfully updated, this is an excellent opportunity for anyone looking for a turnkey home in Troy.
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017