ALBANY, NY, USA

House Senior Living for Sale in Albany, NY, USA USD 50,000

Bedrooms3
Bathrooms3
Half baths2
Total rooms3
Living area, m²300
Area, m²500
Floors2
Terrace / Balcony, m²100
Garden, m²200
Patio, m²100
Lot size, m²900
Year built2022
Local Price50000DOLL
AvailabilityAvailable

Fully functional 

Type of parkingGarage - attached
Floor coveringTile
BasementFinished
Exterior materialCement/concrete, Metal, Wood
RoofBuilt-up, Slate, Wood
Year built2022
Year remodeled2026
Air conditioning Balcony Quiet Location Washing machine
24/7 Security Pet Friendly Playground Property Management Secured Parking Tennis

Quite, secured.

Yes
No schools
Yes
No

INVESTMENT SNAPSHOT

5 / 10

CASH FLOW / MO

$3,245

CAP RATE

84.45%

GROSS YIELD

123.60%

PRICE / M²

$167

Verdict: average

Full investment data
CapEx reserve %5
Est. renovation need25000
HOA fee / year1200
Insurance / year1200
Maintenance / year1500
Monthly rent5000
Other income / month150
Property management %8
Property tax / year3000
Rehab period (months)3
Vacancy rate %5
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Cash-on-cash

Gross yield

Warning: the rent on this listing implies a 120.0% gross yield and is 0.1x the area estimate of 49,506 — well above typical levels; treat it as unverified.

Estimates only — not financial advice. Prefilled from this listing's analysis — adjust to your own scenario.

Price context

This listing: $167/m² — 99% below the median of $13,345/m² across our 20 listings in this area.

$1,197$29,003

Reading a price below the area level: a lower per-m² price can be genuine value — larger units price lower per m², and motivated sellers exist — but check the usual reasons first: renovation needs, noise exposure (roads, rail, flight paths), unfavourable floor or orientation, leasehold/servitudes, and pending building-fund obligations in condominiums. Points in its favour here: public transport (Yes), schools (No schools), daily amenities (Yes).

No map data found nearby for: water proximity, parks & recreation — worth asking the agent about these.

Positioning within our own current listings in the same area — asking prices per m², not an appraisal or market valuation. Size mix, condition, and plot differ between properties.

Investment factors
  • ✓Public transport Yes
    Walkable rail or bus access consistently supports resale value and rentability.
  • ◦Water proximity
    Lake, river, or sea frontage and water views command lasting price premiums in most markets.
  • ✓Schools No schools
    Nearby schools widen the tenant and buyer pool to families and stabilise long-term demand.
  • ✓Daily amenities Yes
    Groceries within walking distance is a top liveability filter for both tenants and buyers.
  • ◦Parks & recreation
    Green space nearby improves quality of life and supports value in dense areas.

Based on OpenStreetMap data. ✓ strong   • present   ◦ no data.

AR

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