372 Alexander Avenue
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 18, 2019 | Sold | ||
| Sold | |||
| Sep 10, 2018 | Listed by C21/ Action Plus Realty | $500,000 | |
| Listed by C21/ Action Plus Realty | |||
| Sep 5, 2018 | No longer available | - | |
| No longer available | |||
| Jul 19, 2018 | Listed | $521,000 | |
| Listed | |||
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Don't miss this fantastic opportunity! Sprawling 2000 sq ft ranch sitting on a stunning 1 acre lot nestled in beautiful Howell, fronting Alexander and backing Larrabee. The lot is zoned R-2 and is potentially subdividable allowing you to keep the existing home and half acre lot on Alexander and a half acre lot on Larrabee! Some of the features of the home include hardwood flooring throughout the whole main floor, new windows, 5 bedrooms, 2 full baths, large living room leading into the dining room making it great for hosting! Brand new top of the line roof, cedar siding, tremendous potential with the 2000 sq ft basement with high ceilings large windows and is almost a walkout at the rear of the home (see pics). Don't miss this opportunity in this most desirable neighborhood! The manager has listed the unit size as 2000 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017