1111 Alpha Drive
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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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Sep 28, 2024 | In contract | - | |
| In contract | |||
| Sep 18, 2024 | Listed by Dream Home Realty Group | $257,000 | |
| Listed by Dream Home Realty Group | |||
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Schedule your tour for this immaculate, well-maintained home that showcases the owners' pride and attention to detail. This home truly stands out with numerous upgrades, including updated flooring, soft-closing kitchen cabinets and drawers with new hardware, elegant quartz countertops, recessed lighting, and fresh paint. Its inviting atmosphere is complemented by a fantastic location, conveniently situated near Highway 225, shopping centers, and just a short drive to schools. Ready for immediate move-in, this home requires nothing but your personal touches. Don’t wait—call today to schedule your tour! This exceptional property won’t last!
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| May 30, 2019 | Sold | ||
| Sold | |||
| Apr 24, 2019 | Listed by SES Real Estate Group | $148,000 | |
| Listed by SES Real Estate Group | |||
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Gorgeous Home! Conveniently located with easy access to Beltway 8 and Highway 225. Did not flood during Harvey. This well maintained one story home has everything you're looking for! 3 spacious bedrooms, 1.5 baths, 2 car garage and a big backyard. Home features, large den/dining combo and breakfast, freshly painted interior and laminate flooring throughout, no carpet. No HOA, walking distance to park. Schedule your appointment today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017