3489 ALEC Drive
About This Property
Step inside to find gorgeous laminate flooring, fresh neutral paint throughout, and an open concept layout perfect for everyday living and entertaining.
The kitchen shines with all-new stainless steel appliances and offers space for a small breakfast table. With its bright and airy feel, super clean interior, and move-in ready condition, this home is ready for it's new owners!
Outside, you have a fully fenced well maintained yard overlooking a pond. Perfect for enjoying outdoor activities, hosting BBQs, or simply unwinding amidst nature's beauty.
Don't miss your chance to make it yours!
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 15, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Price Decreased |
$260,000
↓ $10K
(3.7%) | |
| Price Decreased | |||
| Apr 15, 2025 | Listed by HERRON REAL ESTATE LLC | $270,000 | |
| Listed by HERRON REAL ESTATE LLC | |||
| Jul 20, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
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About Clay
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017