1967 Alma Drive
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 31, 2025 | Sold | ||
| Sold | |||
| Dec 23, 2024 | In contract | - | |
| In contract | |||
| Nov 18, 2024 | Listed by Watson Realty Corp | $265,000 | |
| Listed by Watson Realty Corp | |||
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This Amazing 2 Bedroom,1 Bath home sits on a lot that is almost a quarter acre in the highly desired Burton Manor Subdivision, right off 192. Walk into the home and you will find vaulted ceiling with solid wood beams, original solid hardwood floors and freshly painted walls. On the North wall you will find a brick fireplace, for those chilly Florida evenings. Newer cabinets and stainless steal appliances can be found in the kitchen, Pass through the kitchen to find the large indoor laundry room with washer, dryer and water softener for the whole house. The dining room is off the kitchen, great for entertaining family and friends. The bedrooms are down the hallway, just past the Bathroom that has a tub/ shower combo, linen closet and vanity, There is a back porch that has been enclosed to offer a family room with an additional mini split ac unit and an exterior door, leading out to the back porch and back yard. Roof is 3 years old, AC is 5 1/2 years old. Deep Well dug 4 years ago.
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| Mar 23, 2022 | Sold | ||
| Sold | |||
| Apr 24, 2018 | Sold | ||
| Sold | |||
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About Burton Manor
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$1,750 /mo
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$1,600 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017