2425 Alcovy Road
About This Property
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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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 19, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Listed by Peggy Slappey Properties Inc. | $799,000 | |
| Listed by Peggy Slappey Properties Inc. | |||
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Great potential commercial opportunity with huge visibility to Hayway 316. across the street big new development with new Publix. All surrounding properties are commercial. Currently 3-bedroom house with attached in-law suite with a small kitchen and full Bath. This property has huge visability for any Bussines great visability to hwy 316. This is Half a way between Atlanat and Athhens.
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| Nov 10, 2023 | Listed by Peggy Slappey Properties | $900,000 | |
| Listed by Peggy Slappey Properties | |||
| Mar 23, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017