86 Madison Ave
A duplex vacation rental in downtown Albany's historic Pastures neighborhood, located within a federally designated historic landmark building. The renovated apartment offers two bedrooms, a gas fireplace, full kitchen, in-unit laundry and a private deck with fenced backyard access. Floor 1 sleeps up to 6 guests and Floor 2 up to 8, each with front and back entrances.
Bedrooms
5
Bathrooms
2
Size
2340 sq ft
Year Built
1815
Projected value
The offering costs $530,920.38 in total. The property itself is $351,750.00, so 50.9% of the total sits on top of the purchase price in reserves, costs and fees. Investors put in $371,050.00 and a $159,870.38 loan covers the rest.
- Purchase price66.3%$351,750.00
- Closing and offering costs2.9%$15,650.00
- Other30.8%$163,520.38
Figures as published by the platform at listing. Reserves are held for the property and stay inside the deal, closing costs and the platform fee do not.
Total Tokens
7,361
Token Price
$20.00
Tokens Available
297
Minimum Investment
$20.00
Token Holders
68
Platform Fee
N/A
Management Fee
N/A
Leverage
45% debt
Blockchain Network
Algorand
Token Symbol
LFTY0439
Property Type
Other
Bedrooms
5
Bathrooms
2
Size
2340 sq ft
Year Built
1815
Condition
N/A
