166 Alderman Lane
About This Property
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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 21, 2024 | Sold | ||
| Sold | |||
| Jan 5, 2024 | Listed by Reliant Realty, Inc. | $466,820 | |
| Listed by Reliant Realty, Inc. | |||
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The Grant - 4-bedroom, 3.5-bath home features a kitchen with an island, stainless steel farmhouse sink, a pantry, and a dining area that opens to a spacious living room that has bookshelves beside the gas fireplace. The large owner suite with trey ceilings is on the main level. The owner's bath boasts double vanities, separate tub/shower, and an oversized closet. The laundry room and powder room are also located on the main floor. On the second level are 3 bedrooms, two full baths and loft. ** Ask about our 5k preferred lender incentives. **
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017