69
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65 Manning Boulevard
About This Property
From the moment you enter the grand foyer, you'll be captivated by the pristine hardwood floors and custom wall treatments. Two staircases lead to the second floor, adding both function and historic appeal. The custom chef's kitchen is a true centerpiece, complete with high-end finishes and oversized French doors that open seamlessly to a two-level deck, ideal for entertaining or relaxing while overlooking the expansive backyard.
A standout feature is the private third-floor suite with its own interior entrance, kitchenette, and full bathroom, perfect for guests, extended living, or flexible use.
Additional highlights include first-floor laundry, high ceilings, southern exposure and an abundance of natural light. Sustainable energy upgrades make this historic home as efficient as it is beautiful, including a heat pump, mini-split systems, a high-efficiency tankless on-demand water heater/boiler and Energy Star-rated windows.
Fully restored, thoughtfully upgraded, and perfectly situated, this is Albany living at its finest.
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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