1528 Alexander Cir
About This Property
Space, flexibility, and personality come together in this 4-bedroom, 2-bath home offering 2,468 square feet in an established Belmont neighborhood. Step inside to a warm, welcoming main living space where natural wood floors and a fireplace create an inviting place to gather. The generous dining area sits at the heart of the home, connecting naturally with the kitchen and living spaces while offering plenty of room for everyday meals, holidays, and entertaining. One of this home's greatest strengths is its flexible floor plan. A main-level primary bedroom adds everyday convenience, while additional bedrooms and multiple living areas provide room to spread out. The spacious lower level creates even more possibilities for a home office, gaming or media room, creative studio, workout space, guest retreat, or multi-generational living. Outside, a sizable yard offers room to garden, entertain, play, or simply enjoy your own outdoor space. A 2-car garage, additional storage, owned solar, and no HOA add even more everyday practicality. This isn't a cookie-cutter home-and that's part of its appeal. With generous square footage, flexible spaces, distinctive character, and an established location, this is a home with room to live, grow, gather, and make entirely your own.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017