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Updated almost 4 years ago on . Most recent reply

Nicole Green's profile image
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Nicole Green
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Nicole Green's profile image
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Nicole Green
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Nicole Green
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Real Estate News & Current Events

Is Albany, NY a good market

Nicole Green
Posted

I'm just getting started. I see a property in Albany, I'm interesting in but not sure if the deal is good.  On Popstream the Estimated Market Value is $121,000. Asking price is $199,500. Its 100% fully renovated. Rent will be about $2,300. 3 over 2 duplex.

What do you all think?

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    Nate Monson's profile image
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    Nate Monson
    • Real Estate Agent
    • from Albany, NY
    • Member since Jul 9, 2017
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    Nate Monson
    • Real Estate Agent
    • from Albany, NY
    • Member since Jul 9, 2017
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    Nate Monson
    • Real Estate Agent
    • Albany, NY
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    Nate Monson
    • Real Estate Agent
    • Albany, NY
    Replied

    Hi @Nicole Green I am an investor and agent in Albany, NY. Generally if you can find a property with about 1.2% rent to price in Albany there is a reasonable chance you will cash flow well. I will send you a message and see if I can be of further assistance.  

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