329 Alder Place
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 |
|---|---|---|---|
| Jan 5, 2026 | Sold | ||
| Sold | |||
| Dec 10, 2025 | In contract | - | |
| In contract | |||
| Dec 1, 2025 | Listed by Legacy Realty Group, Inc. | $765,000 | |
| Listed by Legacy Realty Group, Inc. | |||
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This is the one you’ve been waiting for. This beautiful 4-bedroom home offers comfort, space, and endless potential on a rare oversized backyard—perfect for family gatherings, summer BBQs, RV access, or future expansion. Inside, enjoy bright living spaces and a flexible layout ideal for today’s lifestyle. Whether you’re dreaming of a pool, garden oasis, or ADU, this yard can make it happen. Tucked away in a peaceful Escondido neighborhood yet close to everything, this home blends privacy, convenience, and opportunity.
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| Aug 28, 2019 | Sold | ||
| Sold | |||
| Jun 7, 2019 | Listed by Compass | $487,500 | |
| Listed by Compass | |||
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Lovely single level 4 bedroom, 2 bathroom house on a quiet cul-de-sac with large yard and huge covered back patio perfect for family gatherings! Home has SOLAR Electric, A/C, Fireplace, Newer Roof (2013), Newer water heater, RV parking, Ceiling fans, recessed lighting, granite counters in kitchen + SS Refrigerator, W/D included, wood and tile flooring (installed 2016), Spa, assorted fruit trees (Loquat, lime, avocado, orange, guava, apple, cherry, grapefruit, etc). Extra storage room in back. Neighborhoods: Palomar Estates Equipment: Dryer,Garage Door Opener, Range/Oven, Shed(s), Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017