2156 ALLANDALE Circle N
About This Property
Unlock potential and opportunity with this 2-bedroom, 1-bath home offering 941 sq ft of practical living space. Built in 1950, this property combines classic design with a layout ready for your personal updates or immediate rental use. The roof, replaced in 2020, adds peace of mind for future maintenance, while the light remodeling which is needed, makes it an ideal choice for investors or buyers seeking a quick-turn opportunity. The spacious 62x118 ft lot provides room for outdoor enhancements, and a generous yard to enjoy. Located in a growing neighborhood with strong rental demand, this property is perfectly positioned for long-term returns or a creative value-add project. Whether you're adding to your portfolio or looking for a smart first investment, this Allendale home offers the right blend for you!
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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 |
|---|---|---|---|
| Jan 6, 2026 | Sold | ||
| Sold | |||
| Dec 5, 2025 | In contract | - | |
| In contract | |||
| Dec 3, 2025 | Relisted | $92,500 | |
| Relisted | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Nov 19, 2025 | Price Decreased |
$92,500
↓ $3K
(2.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017