2651 Alameda Drive
About This Property
The inviting front lawn and covered porch lead you inside, where you'll find beautiful hardwood floors and an open floor plan. The bright interiors have been freshly painted and the kitchen features brand new Luxury Vinyl Plank flooring, white cabinetry, modern appliances, and solid surface countertops. Just off the kitchen, the laundry room comes equipped with a washer and dryer, more of the stylish LVP flooring and leads into the attached two-car garage.
The spacious living room includes a cozy gas fireplace and sliding glass doors to the backyard. Down the hallway, you'll find two bedrooms and two updated bathrooms, the hall bath recently renovated with a brand new shower, subway tile, and hardware, and the primary suite with stylish wood-look tile flooring throughout the bedroom and bath. The ensuite bath features dual sinks, a walk-in shower with pebble stone tile, and a generous walk-in closet with a custom organizer. New shower glass is on order and will be installed soon.
The private, fenced backyard is perfect for outdoor living, with a covered aluminum patio, open concrete patio, olive trees, and potted plants. The lot's slight elevation enhances the sense of privacy. The backyard is designed for easy upkeep, offering a low-maintenance outdoor space, while the front yard is fully maintained and cared for by the HOA, ensuring a pristine appearance without the hassle.
Whether you prefer relaxing on the front porch or the back patio, or heading to the clubhouse for social activities, you'll feel right at home. Plus, you're just minutes from award-winning wineries and restaurants. Across the street, enjoy a six-hole golf course, with Hunter Ranch and Paso Robles Golf Course nearby.
Imagine your future in this beautiful home and community!
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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 |
|---|---|---|---|
| Sep 19, 2025 | Sold | ||
| Sold | |||
| Aug 31, 2025 | In contract | - | |
| In contract | |||
| Aug 27, 2025 | Price Decreased |
$625,000
↓ $24K
(3.7%) | |
| Price Decreased | |||
| Aug 4, 2025 | Price Decreased |
$649,000
↓ $20K
(3%) | |
| Price Decreased | |||
| Jul 26, 2025 | Price Decreased |
$669,000
↓ $16K
(2.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017