7 Barzen Road
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 |
|---|---|---|---|
| Jun 17, 2024 | Sold | ||
| Sold | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
| Apr 8, 2024 | Listed by Century 21 Realty Center | $999,000 | |
| Listed by Century 21 Realty Center | |||
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Located in Averill Park! The ultimate live/work opportunity or even an investment...this turn-key immaculate property is a dream come true! There are three pieces to this incredible offering: The 3 bedroom house, 160 seat restaurant and the 12-rm, 12 bathrm hotel, + apartment upstairs from the restaurant. You can operate individually or all-together. You will fall in LOVE with the solid construction...not one creak in the shimmering solid wood floors, not a draft in the walls and no deferred maintenance as it's been taken care of with divine attention to detail for 23 years. The patio is perfect, the furniture is perfect and EVERYTHING is included in the restaurant and hotel except the food and drink. All new in the last 7 years: roof, a/c, windows. New walk-in fridge, freezer, slicer, top of the line kitchen equipment and more. Don't miss this opportunity. Won't last! Only 30 min. to the Albany Airport and 20 min to Downtown Albany. Be the LUCKY one! Flrplans in docs.
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| Dec 18, 2009 | Sold | ||
| Sold | |||
| Nov 7, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017