3 Alves Way
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 |
|---|---|---|---|
| Apr 28, 2023 | Sold | ||
| Sold | |||
| Apr 4, 2023 | In contract | - | |
| In contract | |||
| Mar 21, 2023 | Listed by Century 21 Signature Properties | $629,900 | |
| Listed by Century 21 Signature Properties | |||
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Fairhaven’s Newest Subdivision, “ALVES WAY”! This Colonial Features Hardwood Flooring throughout, Open Concept, Grey Kitchen & Island, Quartz Countertops, Walk-In Pantry, Half Bath Laundry Combo, Family Room and Formal Dining Room. 2nd Level Features a Spacious Primary Suite: Full Bath, Double Vanity, Tiled shower and Walk in closet. Bonus Office/Workout Space. 2 Additional Bedrooms and a Full Bath Complete this Level. Full Basement. 2 Car Garage. Irrigation System. Some Staged Photos are of our Model Home. See attached plans for reference.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017