3803 Red Alder Way
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jan 29, 2021 | Sold | ||
| Sold | |||
| Oct 23, 2020 | Listed by RE/MAX Northwest, REALTORS | $360,000 | |
| Listed by RE/MAX Northwest, REALTORS | |||
| | |||
|
Stunning Pulte Home in the Del Webb 55+ Active Adult Community with a Lakehouse, heated indoor/outdoor pool, spa, various clubs, and 24hr fitness center. This corner lot backs up to lake and green space. Wood look plank tile throughout. Magnolia floor plan. Study/flex room just off the entry. Island kitchen overlooking a spacious living room and an adjacent dining area. 5 burner cooktop, built-in stainless steel oven and microwave. Custom painted cabinets in kitchen and master bath. Silestone countertops. High trey ceilings with crown molding in living room and master bedroom. Master bedroom with large walk-in closet. Ensuite bath with walk-in spa shower, dual vanity, and 2 linen closets. Solar lights in master bath and laundry. Blinds throughout. Screened in back patio with ceiling fans! Large utility room in house! 3 car tandem garage with epoxy floors. Water softener, sprinkler system, and full gutters! No back neighbors! Direct access to walking path. Don't miss this one!
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017