16 ALFRED Drive
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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 |
|---|---|---|---|
| Mar 19, 2019 | Sold | ||
| Sold | |||
| Feb 14, 2019 | Listed by HOULIHAN LAWRENCE INC. LG | $249,900 | |
| Listed by HOULIHAN LAWRENCE INC. LG | |||
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Easy one floor living in this comfortable 3 bedroom, 2 bath Ranch. Many updates include new furnace, new 200 amp electric service, new gutters, new septic system, refinished hardwood floors, new stainless steel appliances, and new kitchen floor. The entire interior has been freshly painted in a neutral color palette creating a perfect blank canvas to decorate. Big flat backyard for summer fun and barbecues. Great potential in the spacious unfinished basement. Simply put, this is a nice affordable home in a convenient quiet neighborhood setting with taxes that won't break the bank. Come take a look today!,FOUNDATION:Block,OTHERROOMS:Formal Dining Room,Family Room,ROOF:Asphalt Shingles,Below Grnd Sq Feet:1432,InteriorFeatures:Electric Dryer Connection,Electric Stove Connection,Washer Connection,Unfinished Square Feet:1432,Basement:Interior Access,FLOORING:Tile,Wood,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors,Level 1 Desc:LR, DR, EIK, FR, 3 BEDS, 2 BATHS,AboveGrade:1432,ExteriorFeatures:Outside Lighting
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| Jan 14, 2019 | Sold | ||
| Sold | |||
| Dec 13, 2018 | No longer available | - | |
| No longer available | |||
| Nov 14, 2018 | Listed by River Realty Services, Inc. | $214,900 | |
| Listed by River Realty Services, Inc. | |||
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Great opportunity for first time buyers or downsizers. Brand new septic system just installed. Private and flat rear yard. Walking distance to Kinry Road Elementary school. Hardwood floors throughout. Brick wood burning fireplace. Full unfinished basement with potential for mancave or play area. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:1 Car Attached,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017