941 Central Street
About This Property
Inside, you'll find a comfortable and functional layout with a welcoming living room, dedicated dining area, and a spacious kitchen that's ready for everyday living. Central air conditioning keeps the home comfortable year round, and several major appliances are included, making this home even more move in ready
.
Step outside and you'll quickly appreciate what makes this property so special. The oversized backyard offers endless possibilities, whether you're hosting family cookouts, planting a garden, or simply enjoying your morning coffee under the covered outdoor gathering area. There's plenty of room for pets, kids to play, or future projects.
For those needing extra storage or workspace, the property includes a 14' x 20' storage building with a laundry area, a 12' x 20' carport, and an RV electric hookup that's perfect for travelers or visiting guests. Mature fruit trees including apple, pear, peach, and plum add both beauty and charm to the property throughout the seasons.
Whether you're looking for extra space for family gatherings, a place to park your RV, or simply a home with room to enjoy the outdoors, this property offers the best of both worlds: the space and privacy that's hard to find, with all the conveniences of living just minutes from everything Albany has to offer.
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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 23, 2026 | Relisted | $250,000 | |
| Relisted | |||
| Oct 21, 2026 | No longer available | - | |
| No longer available | |||
| Aug 17, 2026 | Price Decreased |
$250,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Aug 3, 2026 | Relisted | $260,000 | |
| Relisted | |||
| Jul 27, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017