306 Alder Loop
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 |
|---|---|---|---|
| Dec 5, 2023 | Sold | ||
| Sold | |||
| Sep 21, 2023 | Listed by RE/MAX ONE - Premier | $379,000 | |
| Listed by RE/MAX ONE - Premier | |||
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Beautiful one story, 4 bedroom, 3 bath, 2 car garage in Cypress Point. This Thomas Kade home offers high ceilings with generous sized bedrooms. Wood like tile throughout and plush carpet in the bedrooms. Spacious kitchen, custom Noddy Alder wood cabinets, granite counter tops, stainless steel appliances. Open concept, kitchen has ample cabinets, tons of counter space with an island, kitchen open to living area and breakfast bar. Large living room with high ceilings. Oversized primary bedroom, lots of natural light with large windows, and a massive walk in closet. Primary bath has oversized walk in shower. Back patio perfect for entertaining or relaxing outdoors after a long day. Call for your private showing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017