18 Alfred Rd
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 |
|---|---|---|---|
| Oct 30, 2025 | Sold | ||
| Sold | |||
| Sep 15, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Price Decreased |
$989,900
↓ $40K
(3.9%) | |
| Price Decreased | |||
| Jul 30, 2025 | Price Decreased |
$1,029,900
↓ $70K
(6.4%) | |
| Price Decreased | |||
| Jul 7, 2025 | Listed by Century 21 North East | $1,099,900 | |
| Listed by Century 21 North East | |||
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Don’t miss this rare opportunity to own a fully renovated ranch with a in law apartment on a peaceful corner lot at the end of a quiet street in a desirable Saugus neighborhood. This spacious, energy-efficient home offers 5 bedrooms, 2.5 baths, a dedicated office, and 2 fireplaces—one on each level. Enjoy central A/C, gas/propane heat, and gleaming hardwood floors throughout. The fully finished lower level adds even more living space. Recent upgrades include a new roof, windows, plumbing, electrical, gourmet kitchen with granite countertops and stainless steel appliances, solar panels, a gas generator, and a security camera system. Outdoors, relax on the impressive 16’x35’ covered patio, entertain in the fully fenced yard, and enjoy the convenience of an irrigation system, a one-car garage, and ample parking. Prime location with easy access to Route 1, Boston, shopping, and dining. Move-in ready and built for comfort!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017