269 Alexander Avenue
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 |
|---|---|---|---|
| Jun 16, 2026 | Listed by One Real Estate Group, LLC | $625,000 | |
| Listed by One Real Estate Group, LLC | |||
| Mar 10, 2026 | Listed by One Real Estate Group, LLC | $875,000 | |
| Listed by One Real Estate Group, LLC | |||
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Unique opportunity to own a 5.08-acre property in Howell with potential for subdivision. The property features an existing home set back from the road on a private wooded parcel with a circular driveway and plenty of open space. A concept plan illustrates the possibility of two residential lots, offering excellent potential for builders, investors, or end users seeking privacy and future flexibility. With frontage on Alexander Avenue and easy access to Route 9, this property combines a peaceful setting with convenient proximity to shopping, dining, and major roadways. A rare chance to enjoy acreage today while exploring future possibilities.
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| Feb 18, 2024 | No longer available | - | |
| No longer available | |||
| Dec 12, 2023 | Price Decreased |
$1,472,000
↓ $28K
(1.9%) | |
| Price Decreased | |||
| Nov 19, 2023 | Listed by Imperial Real Estate Agency | $1,500,000 | |
| Listed by Imperial Real Estate Agency | |||
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VALUE IS IN THE LAND!!! HOWELL BORDERING LAKEWOOD!! OVER 5 ACRES OF LAND CONFORMING WITH CONDITIONAL USE FOR HOUSE OF WORSHIP - AMONG OTHER POSSIBLE USES - BUYER TO DO OWN DUE DILIGENCE FOR USAGE AND SUB-DIVISION
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017