303 ALDER LANE
About This Property
A welcoming expansive front porch invites you inside, where hardwood floors lead to a spacious open-concept family and dining area. The cozy wood-burning fireplace serves as the heart of the home, enhancing its warm, inviting feel. Toward the back, the fully equipped kitchen features stainless steel appliances, an island, and a breakfast nook, perfect for gathering. A half bath completes the main level.
Upstairs, you'll find four spacious bedrooms and two full baths, including a primary suite with an en-suite bath. The unfinished basement offers endless potential for customization. NEW ROOF 2025!
Beyond the home, enjoy close access to Route 7, making commuting a breeze. Nature lovers will appreciate being near Bear's Den for incredible hiking and scenic views, while Bear Chase Brewery is just minutes away for great craft beer and a fun atmosphere.
Whether you're relaxing at home, exploring nearby trails, or taking advantage of your exclusive Shenandoah River access, this property offers a true retreat in a scenic setting. Don't miss this rare opportunity!
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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 |
|---|---|---|---|
| Nov 18, 2025 | Sold | ||
| Sold | |||
| Oct 20, 2025 | In contract | - | |
| In contract | |||
| Jul 31, 2025 | Price Decreased |
$565,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Jun 17, 2025 | Relisted | $575,000 | |
| Relisted | |||
| Jun 7, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017