229 Alverstone Street
About This Property
The main floor features a full bedroom and bathroom, providing flexibility for guests or multigenerational living. Upstairs, the primary suite impresses with a large walk-in closet designed for optimal organization. Additional highlights include a 3-car tandem garage, a separate laundry room, and a generously sized backyard ready for outdoor enjoyment.
Situated in a community known for its amenities and charm, this home is just a short distance from McSweeney Park, offering convenience and a great lifestyle opportunity. Schedule your showing today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 29, 2026 | Sold | ||
| Sold | |||
| Jun 17, 2026 | In contract | - | |
| In contract | |||
| Apr 20, 2026 | Listed by RE/MAX TIME REALTY | $499,999 | |
| Listed by RE/MAX TIME REALTY | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017