1614 Alexander Cir
About This Property
The finished basement expands the living space with a second living area, two additional bedrooms and a full bathroom-offering flexibility for guests, hobbies or a home office.
Located near Franklin School of Innovation, East High School and Heaton Middle School, this Belmont home combines an established neighborhood setting with convenient access to local schools. With updated interiors and room to spread out across both levels, 1614 Alexander Circle is ready to welcome you home. Schedule your showing today!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017