1542 Broadway
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 |
|---|---|---|---|
| Jan 7, 2026 | Sold | ||
| Sold | |||
| Dec 19, 2025 | In contract | - | |
| In contract | |||
| Dec 11, 2025 | Listed by BHHS Drysdale Properties | $1,195,000 | |
| Listed by BHHS Drysdale Properties | |||
| Nov 6, 2025 | Listed | $1,098,000 | |
| Listed | |||
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Welcome to 1542 Broadway, a charming lovingly cared for 1917 Bungalow home in the East End of Alameda. With 3 bedrooms, 1.5 bathrooms, and 1,275 sq. ft. of thoughtfully designed living space, this residence perfectly balances historic character with modern convenience in an ideal location. Newly refinished hardwood flooring in most rooms. Stunning abundant gum wood details. From the rich built-ins and trim to the elegant bay window with hidden storage, every room reflects timeless craftsmanship. The living room features a cozy fireplace, and the remodeled kitchen shines with a gas stove, cork flooring, peninsula counter, newer windows and appliances, and a brand new dishwasher and garbage disposal. The floor plan provides versatility, including a Jack-and-Jill remodeled bathroom connecting the primary bedroom (featuring a custom handcrafted light fixture) to a secondary bedroom (currently used as a home office). The third bedroom offers privacy with its own half bath and views that overlook the blooming private backyard w/a pomegranate, fig and a nectarine/peach tree. ADU possibilities with the large garage and long driveway for off street parking.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017