1607 Alan DRIVE
About This Property
provides a solid block home with Real Hard Wood Flooring and ample room for you to enjoy. The Galley
Kitchen is the heart of this home with open access to the Formal Dining and Living Rooms. The spacious
Family Room - located at the back of the home – has carpeting, a large closet for added storage and spacious
windows for viewing the back yard. With its own exterior door to the back yard, this room could be converted
to a 3rd bedroom, if desired, with its own private entrance. Next to the Living Room is the one-car carport with
access to the 10X15 Workshop that contains your laundry hook-ups and additional ½ bath. This room is
conveniently located with a door to the back yard. The spacious back yard has the room for you to create your
own private oasis. There is already a concrete pad with a pergola and you are gaining a spacious 10X20
Storage Building to house your yard items and toys. You will appreciate how this home has been lovingly
maintained and will look forward to building memories here with your family and guests. Even some of the
furnishings stay with the house, so this is definitely a home that is waiting for you! We just don't see this
quality of home at this price point, so call today to schedule your private showing!!
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 1, 2021 | Sold | ||
| Sold | |||
| May 19, 2021 | Listed by ERA GRIZZARD REAL ESTATE | $185,000 | |
| Listed by ERA GRIZZARD REAL ESTATE | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017