233 Albemarle Road
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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 |
|---|---|---|---|
| Jul 2, 2021 | Sold | ||
| Sold | |||
| Feb 25, 2021 | Relisted | $649,000 | |
| Relisted | |||
| Apr 25, 2016 | Sold | ||
| Sold | |||
| Nov 12, 2015 | Listed by Houlihan Lawrence Inc. | $565,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Location, location, location. Welcoming entry leads to large bright first floor family room with half bath and several closets. Several steps up takes you to expansive living room, dining area and kitchen with granite counters, breakfast bar and door leading directly to Trex deck overlooking landscaped gardens. Several steps up takes you to your Master bedroom with renovated bath, two additional bedrooms and renovated hall bath. Finished lower level family room is generously sized and has built in drawer storage. Large laundry room and mechanicals are adjacent. Beautiful wood floors throughout home. Central Air Conditioning keeps first floor family room cool. Attached garage and paver driveway offer excellent parking options. Located in Ridgeway Knolls your new pristine home is convenient to houses of worship, schools, shops, cafes, highways and transportation. Successful Assessment Reduction to 13,200 for 2016/2017 for a 13.6% reduction! Additional Information: ParkingFeatures:1 Car Attached,
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| Mar 28, 2006 | Sold | ||
| Sold | |||
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About White Plains
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017