198 Alpine Drive
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 |
|---|---|---|---|
| Sep 10, 2024 | Sold | ||
| Sold | |||
| Jul 4, 2024 | In contract | - | |
| In contract | |||
| Jun 24, 2024 | Listed by Trademark Real Estate | $499,000 | |
| Listed by Trademark Real Estate | |||
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Welcome to your new home in Amherst, MA! Nestled on this mostly wooded lot in a sought-after Amherst neighborhood, this spacious 4-Bedroom, 2-Bathroom multi-level home offers plenty of separate spaces with a blend of comfort and convenience. Step inside and you're greeted by hardwood floors that compliment the warm ambiance of this home. The Living Room boasts a cozy fireplace, perfect for gathering with family and friends on chilly evenings. Attached 2-Car Garage, mini-splits in all the rooms and with low maintenance vinyl siding. Located in an area known for its vibrant cultural scene, great nearby restaurants and close-knit community, this home offers a convenient location that is just a stone's throw from the UMass campus. Offer Deadline: Highest & Best Offers due by 5:00PM Tuesday 7/2/24.
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| May 26, 2021 | Sold | ||
| Sold | |||
| Apr 6, 2021 | Listed by Trademark Real Estate | $399,900 | |
| Listed by Trademark Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017