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1322 Alden Place
About This Property
From the moment you enter, the warmth of rich natural woodwork and hardwood floors sets the tone. The gracious foyer with its striking staircase makes an immediate impression, opening to a flowing first-floor layout that checks every box. Entertain in the formal dining room adorned with decorative coffered ceiling beams and arched doorways, architectural details you simply don't find in today's new construction. The eat-in kitchen offers ample cabinet space and room for a full dining table, while the first-floor bedroom with adjacent full bath provides ideal flexibility for guests, multigenerational living, or accessibility needs. Upstairs, three additional bedrooms all feature hardwood floors, generous natural light, and ceiling fans, along with a full bath ready for your finishing vision. A walk-up full attic and full basement offer exceptional storage and expansion potential. Out back, enjoy a private enclosed rear porch, a detached one-car garage, driveway parking, and a surprisingly deep yard with established garden beds, a rare find in this neighborhood. With updated appliances included, newer furnace and low taxes the opportunity here is real. Bring your contractor and bring your vision.
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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 |
|---|---|---|---|
| Aug 13, 2026 | Sold | ||
| Sold | |||
| Jun 23, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Listed by Miranda Real Estate Group Inc | $180,000 | |
| Listed by Miranda Real Estate Group Inc | |||
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About Schenectady
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017