229 Alexander Avenue
About This Property
The heart of the home is the impressive chef's kitchen featuring soaring vaulted ceilings, premium Sub-Zero refrigeration, and a Wolf range-perfect for both everyday living and entertaining. A spacious office provides ideal work-from-home flexibility, while the private primary suite offers a walk-in closet and its own full bath.
Additional highlights include Andersen windows, natural gas heat, and numerous updates throughout. Step outside to your own backyard retreat, complete with a heated in-ground freeform pool with an elegant water feature, Loop-Loc safety cover, and spa for relaxing evenings under the stars.(Pool was closed after last season and said to be in working order)
Offering generous living space, exceptional amenities, and beautifully maintained grounds, this special home is ready to be enjoyed inside and out.
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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%.
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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.
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 |
|---|---|---|---|
| Aug 28, 2026 | In contract | - | |
| In contract | |||
| Aug 12, 2026 | Relisted | $765,000 | |
| Relisted | |||
| Jul 23, 2026 | In contract | - | |
| In contract | |||
| Jun 15, 2026 | Listed by Daniel Gale Sothebys Intl Rlty | $765,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
| Jul 17, 2000 | Sold | ||
| Sold | |||
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About Nesconset
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017