159 CORRECTIONAL CENTER Road
About This Property
school and the amenities of Alpine. Situated on an impressive 3.86 acres, the property offers space, privacy, and the
freedom to enjoy the outdoors, along with the valuable benefit of a private well. Elk and other wildlife frequently visit the
property, creating an authentic Alpine experience right outside your door. With nearly four acres, beautiful views, and its
own private water source, this is a rare opportunity in the Alpine area--ideal as a full-time residence, seasonal getaway,
or mountain retreat. Come check it out!
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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 15, 2026 | Sold | ||
| Sold | |||
| Aug 6, 2026 | In contract | - | |
| In contract | |||
| Jul 23, 2026 | Listed by West USA Realty | $410,000 | |
| Listed by West USA Realty | |||
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Last Updated: 2 months ago
Data Source: ARMLS, MLS# 7057723
Brokerage email: [email protected]
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017