1220 Alpha Street
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 |
|---|---|---|---|
| Sep 8, 2021 | Sold | ||
| Sold | |||
| Sep 5, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 19, 2018 | Listed | $189,900 | |
| Listed | |||
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Relax in this cozy 1148 sf single family house in Mercer Park has 2 bedrooms, 1 bathroom plus 1 car garage. Wooden flooring in the living room and bedrooms, tiled floor in the open kitchen with wooden cabinets and tiled counter top and a breakfast bar. Huge bedrooms with built-in closet. Open patio and a huge wooden fenced back yard. Well maintained for 35 years. Great location, close to downtown WPB, Easy Access to Highway I95, Upcoming Warehouse District, Beach, Airport, Public Market and Schools. Make an Appointment to view this charming house today. The manager has listed the unit size as 1148 square feet.
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| Jul 2, 2018 | Listed by Bink Realty, LLC | $189,900 | |
| Listed by Bink Realty, LLC | |||
Property Highlights
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About Mercer Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017