668 State St is a just renovated 4 bedroom, 2 bathroom student rental showing an incredible 11.5% cap rate when the market is trading at an 8% cap rate. New kitchen, new flooring, 2 new bathrooms, a wet bar upstairs and a newly re-done roof. Current tenants wish to renew until 5/31/2021. Zoned for 2-family and is already plumbed for two kitchens.
Off market
$192,500
668 State St, Albany, NY 12203
4beds
1,054sqft
SingleFamily
Built in 1890
1,680 Square Feet Lot
$192,500 Zestimate®
$183/sqft
$2,078 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Other, Gas
Appliances
- Included: Dryer, Washer
Features
- Basement: Full
Interior area
- Total interior livable area: 1,054 sqft
Property
Features
- Exterior features: Vinyl
Lot
- Size: 1,680 sqft
Details
- Parcel number: 0101006562359
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Two Story
Materials
- Metal
- Roof: Other
Condition
- Year built: 1890
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Albany
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- ArchitecturalStyle: Two Story
- HeatingYN: true
- Heating: Natural Gas, Hot Water
- Basement: Full
- RoomsTotal: 7
- ConstructionMaterials: Vinyl Siding
- WaterSewerExpense: 0
- StructureType: House
- RoomKitchenFeatures: Working Only
- AboveGradeFinishedAreaSource: reInsight/Public Info
- RoomDiningRoomDescription: Dining Area
- MlsStatus: Active