11 Alexander Road
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 |
|---|---|---|---|
| Jun 4, 2025 | Sold | ||
| Sold | |||
| May 6, 2025 | In contract | - | |
| In contract | |||
| Apr 17, 2025 | Price Decreased |
$415,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Mar 27, 2025 | Listed | $430,000 | |
| Listed | |||
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|
Location is key, easy access to highway and shopping plazas, Indian Lake and much more. This cozy Cape offers 4 bedrooms, with 2 full bathrooms, bring your personal vision to this lovely well maintained home, The exterior offers a 1 car garage with a spacious yard for summer entertainment. House is currently heated with oil however there is gas on the street for a conversion.
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| Jan 11, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017