14 Alden Road
About This Property
Step inside and be greeted by bright, inviting living spaces centered around a warm fireplace - perfect for cozy evenings with friends. Whether you're preparing weeknight dinners in the airy kitchen or hosting weekend gatherings, the thoughtful layout enhances both functionality and flow.
Outside, the mature trees and landscaped lawn create a serene backdrop for morning coffee on the porch or summer evenings under the stars. The classic curb appeal and established neighborhood feel make this a standout property on Alden Road.
Located just minutes from downtown Monroe's shops, eateries, parks, and community events, you'll enjoy the perfect blend of quiet residential life with convenient access to all the amenities that make this area so special
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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.
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017