1620 Alessandro Road
About This Property
Smart features and app-controlled luxuries are absolutely everywhere! Control your home from the palm of your hand with the app-controlled solar-powered security gate, alarm system with a virtual keypad, and Nest smart thermostat. The garage is also wired for EV charging! The home boasts a chef's dream kitchen with double ovens and sinks, new stainless steel appliances, a travertine tile backsplash, a kitchen island, a trash compactor, an intelligent Thermidor fridge and dishwasher, and built-in cutting boards. You'll be able to cook with your own produce thanks to numerous fruit trees, including cherry, plum, nectarine, mandarin, orange, and Meyer lemon! The yard also comes with an herb garden with metal mesh lining. Host parties with your own wet bar. There are many more perks for you to discover! Hike the nearby Carriage Trail or stroll Caroline Park.
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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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 28, 2025 | In contract | - | |
| In contract | |||
| Apr 14, 2025 | Listed by BHHS PERRIE MUNDY REALTY GROUP | $1,349,000 | |
| Listed by BHHS PERRIE MUNDY REALTY GROUP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017