261 Alexander Avenue
About This Property
Large 4 bedroom, 2.5 bath colonial with a two car garage, and over 2,700 square ft of living space. First floor boasts a formal living room/dinning room, eat in kitchen, and family room. loads of room to entertain.The second floor has a
large Master bedroom with master bathroom. In addition three more bedrooms and full bathroom. The home sits on 2.5 acres of private and wooded land. Located close to great shopping, Jersey Beaches, and easy access to rt 9
Priced to sell. Make this one yours!
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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 |
|---|---|---|---|
| Oct 2, 2020 | Sold | ||
| Sold | |||
| Jun 14, 2020 | Listed by HomeSmart First Advantage | $429,000 | |
| Listed by HomeSmart First Advantage | |||
| Jul 29, 2017 | Listed | $499,900 | |
| Listed | |||
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Located on the Howell/Lakewood Border with similar sq ft homes in the immediate area being offered at $850000. Large 4 Bedroom Colonial Home. 2 1/2 full baths. Large wooded 2.5 acre lot. Attached 2 car garage. Located close to Rt.9 The manager has listed the unit size as 2708 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017