2 Alice 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 |
|---|---|---|---|
| May 14, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | In contract | - | |
| In contract | |||
| Mar 13, 2024 | Listed by Engel & Volkers Wellesley | $1,695,000 | |
| Listed by Engel & Volkers Wellesley | |||
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Located in a highly sought-after south side cul-de-sac in one of metro-west's premier towns, this contemporary colonial offers both luxury and convenience. Ready for immediate move-in, the home features a grand entrance with a center staircase, leading to well-appointed, professionally decorated living spaces. The standout kitchen boasts quartz countertops, stainless steel appliances, a large island, seamlessly flowing into the family room and outdoor patio. The private fenced backyard, with a picturesque 200-year-old copper beech tree, adds to the home's serene charm. Upstairs, the primary suite impresses with tray ceilings, a luxurious bathroom, and large walk-in closet. Three additional oversized bedrooms, a study or guest room, two full baths, and laundry room complete the second floor. The property also offers potential for expansion with a walk-up attic and walk-out basement. Its prime location ensures easy access to top-tier schools, recreation, shopping, and commuting to Boston
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| Oct 1, 2012 | Sold | ||
| Sold | |||
| Jul 11, 2012 | Listed by Engel & Volkers Wellesley | $985,000 | |
| Listed by Engel & Volkers Wellesley | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017