831 SOLANO AVE
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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 |
|---|---|---|---|
| Oct 21, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Listed by Redfin | $1,049,000 | |
| Listed by Redfin | |||
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Welcome to this charming Albany bungalow with stunning views and a spacious yard! This home features two large bedrooms with generous closet space, an updated kitchen and bathrooms, and an attached single-car garage. Need more room? There’s an extra space conveniently located under the house, perfect for storage or creative use. Situated near local shopping, restaurants, schools, and public transportation, this home offers convenience alongside comfort. Whether you’re relaxing in the yard or enjoying the modern comforts inside, this home is a true Albany gem. Don't miss out on this rare opportunity!
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| May 27, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017