54
Map
2707 Alabama Street
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Jul 30, 2026 | Sold | ||
| Sold | |||
| Jul 1, 2026 | In contract | - | |
| In contract | |||
| Oct 3, 2025 | Listed by COMPASS | $1,499,000 | |
| Listed by COMPASS | |||
| Jul 29, 2025 | Listed | $1,399,000 | |
| Listed | |||
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Welcome to 2707 Alabama Street, a chic Mid-Century masonry home where timeless architecture meets modern innovation. Set on a private corner lot of over 10,000 square feet (nearly a quarter acre) in the Monte Vista Elementary boundary, this smart-tech retreat feels like a Palm Springs getaway, right at home. The lot offers a rare sense of privacy, bordered by open space and elevation that shelters it from neighboring views. Whether relaxing in the pool or hosting under the lanai, the setting feels quiet, elevated, and secluded. Designed with both style and substance, the home features solar power with battery backup, solar pool heating, Lutron Caseta smart lighting, a Moen Flo water shutoff and monitoring system, SMAAIR smart ceiling fans, a Gecko In.Touch spa controller, Meross smart garage access, and fully integrated outdoor lighting and security systems. A 240V 50A outlet is ready for your electric vehicle. The west wing of the home offers exceptional flexibility. In addition to a spacious family room, a connected bonus room with a private entrance creates the perfect setup for a guest suite, remote office, or conversion into a junior ADU within the existing footprint. Large windows throughout offer mountain views from nearly every angle--front, back, and side--creating a dramatic and expansive sense of space. The backyard is an entertainer's dream, with a sparkling pool and spa, a covered lanai, an outdoor kitchen, and a wood-burning fireplace for year-round enjoyment. Dual driveways and a semi-attached 2-car garage provide convenience and expansion options, with strong potential for full ADU conversion if desired.
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About La Crescenta-Montrose
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017