270 Alexandra Drive
About This Property
A spacious loft provides the flexibility of a 4th bedroom, office, or additional living space. The cozy fireplace is perfect for cool mountain evenings, and the oversized 3-car garage offers ample storage. Craftsmen and hobbyists will love the 22' x 24' insulated workshop, complete with heating and cooling-ideal for year-round use.
Recent updates include:
Two new HVAC units,
Granite countertops,
Levelor blinds,
Remodeled primary bath,
New carpeting and
Updated plumbing fixtures
This meticulously maintained home is a rare find in one of the area's most desirable neighborhoods.
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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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Jun 29, 2025 | Price Decreased |
$475,000
↓ $25K
(5%) | |
| Price Decreased | |||
| May 2, 2025 | Listed by Better Homes & Gardens Real Estate Senter, REALTORS | $499,900 | |
| Listed by Better Homes & Gardens Real Estate Senter, REALTORS | |||
| Jun 2, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017