264 Alpine Road
About This Property
IMPORTANT BUYER ELIGIBILITY: This property was renovated utilizing grant funds and is subject to applicable program requirements and resale restrictions. The property is available ONLY to an eligible first-time homebuyer who meets the applicable income guidelines and other program requirements. Buyers must be qualified and/or approved as an eligible buyer by The Housing Council at PathStone prior to purchase. Interested buyers should contact The Housing Council at PathStone to determine eligibility and complete the required approval process. Buyer eligibility is subject to program guidelines and approval. The property is currently in the final stages of construction. NO SHOWINGS OR NEGOTIATIONS WILL BE PERMITTED PRIOR TO SEPTEMBER 11, 2026 AT 10AM, subject to construction completion and property readiness. Please do not disturb contractors or enter the property prior to the authorized showing date. Interior and exterior photos will be added to the listing as soon as possible. This is a unique opportunity for a qualified first-time homebuyer to purchase a substantially renovated home with numerous new major systems and finishes.
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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 21, 2026 | Listed by Howard Hanna | $180,000 | |
| Listed by Howard Hanna | |||
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Apr 20, 2025 | Listed by Howard Hanna | $120,000 | |
| Listed by Howard Hanna | |||
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Opportunity Knocks! This charming 3-bedroom, 1-bath Colonial is brimming with potential and ready for your vision. Featuring a formal dining room with sliding glass doors that open to a spacious backyard—perfect for entertaining or future landscaping dreams. The home also offers both a cozy living room and a separate family room, giving you plenty of flexible space. The main roof was a complete tear-off and replaced just a year ago, giving you a head start on renovations. Please note: Seller may require post-possession or a delayed closing. With some TLC, this could be the perfect place to call home or a smart investment opportunity! Delayed negotiation until Monday April 28th at 5:00pm
Property to be sold in AS-IS condition
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| May 23, 2003 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017