1112 Alamanda Lane
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 |
|---|---|---|---|
| Jul 20, 2025 | Price Decreased |
$305,000
↓ $4K
(1.3%) | |
| Price Decreased | |||
| Jun 19, 2025 | Price Decreased |
$309,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Jun 1, 2025 | Price Decreased |
$319,000
↓ $11K
(3.2%) | |
| Price Decreased | |||
| May 6, 2025 | Price Decreased |
$329,500
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Jan 22, 2025 | Listed | $339,000 | |
| Listed | |||
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Price reduced!! Absolutely stunning concrete block home in a great neighborhood with no HOA. Ask about the incredible incentives offered through the ''Community Lending Program''. You will not find another one like this with pavers in the front and in the fully fenced back yard set up for your RV with full hookup available (water, sewer and power). Inside boast an updated kitchen with granite counters and wood look tile flooring and updated bathrooms. Versatile layout offers two master suites with a third bedroom option or open the doors to allow for a study, nursery or gym equipment. All the windows are updated with impact grade except two. Enjoy morning coffee on the huge screened in back porch or relax in the cooler months by the fireplace. Location is close to 1-95, 528, restaurants, hospitals, shopping and beaches.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017