16 Alexander Lane
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 |
|---|---|---|---|
| Jul 14, 2015 | Sold | ||
| Sold | |||
| May 11, 2015 | Listed by Weichert Realtors - Manalapan | $374,900 | |
| Listed by Weichert Realtors - Manalapan | |||
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our search ends here!! Original Owners hate to leave this lovely, well kept, 4BR colonial that sits on prime location of cul-de-sac. You'll be Welcomed home to a rocking chair ready porch, hardwood floors and dec molding throughout, large kitchen with attached family room, formal living room/dining room and office. Laundry room/mud room had side entry door and tub sink. Upstairs are 4 spacious bedrooms and a loft! Master has bamboo floor, custom closet, separate sitting room. All this plus Finished walk out basement and a huge 2 level TREX deck- low maintenance- with under deck storage and fenced in yard! Roof only 2 years old! You will not be disappointed!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017