117 Alex 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 |
|---|---|---|---|
| Mar 28, 2025 | Sold | ||
| Sold | |||
| Feb 25, 2025 | In contract | - | |
| In contract | |||
| Feb 18, 2025 | Listed by Coldwell Banker Apex, REALTORS | $560,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| Aug 31, 2023 | Sold | ||
| Sold | |||
| May 26, 2023 | Listed by KW SYNERGY* | $539,900 | |
| Listed by KW SYNERGY* | |||
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Custom built 4 bedroom, 3.5 bath home that sits on .74 ac in Sawgrass subdivision. The beautiful kitchen features a stone accent wall, large island, double ovens, stainless appliances, walk-in pantry and showcase cabinets. You will enjoy the spaciousness of the open concept, split bedrooms. Ceiling to floor stone fireplace is the focal point of the large living area. This home features a separate guest or in-law suite. Enjoy peaceful living in the backyard oasis featuring an outdoor kitchen, fireplace and in ground pool. This property is outside the city limits yet close enough to grocery stores, restaurants and shopping. Just in time for summer! Schedule your private tour today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017