11 Alden St.
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%.
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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 |
|---|---|---|---|
| Jul 24, 2015 | Sold | ||
| Sold | |||
| Jun 3, 2015 | Listed by Hychko Realty | $335,000 | |
| Listed by Hychko Realty | |||
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Diamond in the rough located on a quiet side street near Nonesuch Pond and the Rivers School. One level cottage style home with a separate artists/writers studio. TLC needed. Large living room with pellet stove, cathedral ceiling and skylight. Spacious master with full bath and French doors to garden. Formal dining room with hardwood floors, plus 2 smaller rooms, one used as a bedroom (with electric baseboard heat) and the other a study. The study features a large bay window with seat. There is an eat-in kitchen with newer Bosch dishwasher. Additional full bath with tub and laundry with newer washer and dryer (included). Several of the rooms overlook the great outdoor garden spaces. The studio has French doors, a cathedral ceiling with track lighting, a lovely pine floor and propane gas fireplace. There are adjacent tack and potting rooms. A very large level yard with flower and vegetable beds and a private patio area. Updates are needed but the house and grounds have lots of potential
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017