1005 Alder Way
About This Property
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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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Mar 20, 2024 | Listed by The Agency - Boulder | $625,000 | |
| Listed by The Agency - Boulder | |||
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Exceptional value in SW Longmont! Original owners have taken wonderful care of this conveniently located home, across the street from both the neighborhood park and entrance to the Dry Creek Greenway with uninterrupted multi-use paths to some of the city's most popular parks, schools, and scenery. Vaulted ceilings in both the main area and primary bedroom bring in ample light where it matters. Enjoy peaceful shade on the back patio beneath the pergola and its established ivy. Owners have lovingly landscaped and maintained the property, and the private backyard includes xeriscaping and a large irrigated garden bed that catches all the sun. Fresh paint and new hardware throughout the main and upper levels leave you with the canvas to make this comfortable home all your own. Bonus features include a built-in vacuum system, modern evaporative cooling/ventilation system, granite kitchen counters, primary bedroom skylight, sprinkler system, and gas fireplace.
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| Aug 29, 1994 | Sold | ||
| Sold | |||
| Mar 24, 1993 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017