
28
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232-A Alpine Way
About This Property
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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 |
---|---|---|---|
Mar 29, 2025 | In contract | - | |
In contract | |||
Mar 14, 2025 | Listed by OM | $329,000 | |
Listed by OM | |||
Oct 26, 2010 | Sold to Sushil Sinha, Veena Sinha | ||
Sold to Sushil Sinha, Veena Sinha | |||
Oct 17, 2001 | Sold to Deepak Nichani | ||
Sold to Deepak Nichani |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/24/2009
| |
2 Bed
|
2 Bath
|
-
|
$199,000
2 Bed
2 Bath
|
$165,000
-17.09%
10/26/2010
|
MARY LOU RESNER
BETTER HOMES & GARDEN R.E. M3
|
Building Info
