32
Map
3808 Alabama Street
About This Property
Three bedrooms, two full baths and 1,300 square feet under cathedral ceilings, built in 2006 with brick and wood siding. Tile flooring runs throughout, no carpet anywhere. The kitchen was redone with quartz counters, a center island, white Samsung appliances and an eat-in area that opens to the living and dining space.
Quartz carries into both bathrooms, new lighting runs through the whole home, and ceiling fans are in place. The primary suite has a walk-in closet, and a fireplace anchors the main living area.
Refrigerated air, natural gas heat and double pane windows keep it comfortable year round, with laundry in an indoor utility closet. The backyard is fully walled with desert gravel landscaping front and back, and the storage shed stays.
Two car attached garage with opener, plus gated parking behind the home for a trailer, boat or work truck. Solar panels to save on electricity!
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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 |
|---|---|---|---|
| Sep 4, 2026 | Sold | ||
| Sold | |||
| Aug 18, 2026 | In contract | - | |
| In contract | |||
| Jul 31, 2026 | Listed by Home Pros Real Estate Group | $265,000 | |
| Listed by Home Pros Real Estate Group | |||
| Nov 3, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017