16 Alba Road
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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 11, 2022 | Sold | ||
| Sold | |||
| Nov 25, 2021 | Listed by Abby Realty | $350,000 | |
| Listed by Abby Realty | |||
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Perfectly located in the heart of Margaritaville Lake Resort on the corner of Alba and Balboa. This beautiful home has been fully remodeled both inside and out. High Cathedral Ceilings with grand formal dining and split with a gas-burning fireplace living room that opens into the gourmet kitchen with all new appliances and state-of-the-art granite cooktop and vent hood centralized in the middle. Also features is a wine cooler fridge and beside it is a wine lattice rack. The primary bedroom features a jet tub, separate shower, and patio access from the room with a beautiful view of the golf course. Office/Study space at the base of the stairs. Stairs were designed and reimaged uniquely to this property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017