1645 Alpha
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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 |
|---|---|---|---|
| Jun 20, 2024 | Sold | ||
| Sold | |||
| May 20, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Price Decreased |
$445,000
↓ $15K
(3.3%) | |
| Price Decreased | |||
| Apr 19, 2024 | Price Decreased |
$460,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
| Mar 14, 2024 | Listed by RE/MAX Elite | $475,000 | |
| Listed by RE/MAX Elite | |||
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((( FANTASTIC POOL HOME ON .57 ACRES IN A CONVENIENT LOCATION!!! ))) UPGRADED FEATURES, SPACIOUS ROOMS, LARGE BACK PATIO & ENORMOUS SIDE YARDS....PLENTY OF ROOM FOR BOAT OR RV PARKING....THIS PROPERTY IS WITHIN THE COUNTY BUT WITH CITY CONVENIENCE & NO HOA! Open floor plan with formal living room, dining room, interior laundry room, family room with wood burning fireplace + gigantic gourmet kitchen with SS appliances, upgraded countertops & custom cabinets....priceless pool views from most rooms! NEW ROOF 2018, NEW A/C SYSTEM 2022, NEW ELECTRIC PANEL 2020, NEW PLUMBING 2004, NEW SEPTIC 2020. Step outside onto your screened back patio with a summer kitchen, relax by swimming in your custom pool or just venture out into your over-sized yard and enjoy having plenty of room for all outdoor activities....FLORIDA OUTDOOR LIVING AT ITS FINEST WITH THE COUNTY REGULATIONS RATHER THAN CITY!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017