3900 Alipaz Court
About This Property
story home is 2,571 sq.ft. on a 6,843 sq.ft. lot (Assessor). The floor plan is very open with a cathedral ceiling in the living and
dining rooms. Downstairs bedroom is immediately off of the entry way. Granite counters and tile flooring in the kitchen. Wall
to wall carpeting and tile complete the flooring. Inside laundry and an attached 2 car garage. Backyard includes a nice
entertaining area with tile counters and a large storage shed. Plenty of driveway for additional autos. Short distance to Louise
Foussat Elementary School and walking trail to along the Pilgrim Creek that goes to the beach.
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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 |
|---|---|---|---|
| Feb 15, 2018 | Sold | ||
| Sold | |||
| Oct 27, 2017 | Listed by Team Spirit Realty, Inc. | $609,000 | |
| Listed by Team Spirit Realty, Inc. | |||
| Jun 10, 2014 | Sold | ||
| Sold | |||
| Apr 16, 2014 | Listed by The Real Estate Consultants | $509,000 | |
| Listed by The Real Estate Consultants | |||
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Standard Sale! Impressed the minute you open the door! Double doors leading to the home office. Formal living and dining rooms with vaulted ceilings, plantation shutters with lots of natural light to enjoy. Step into the kitchen of your dreams "brand new" kitchen appliances and New Granite counters. Plenty of counter, cabinet space, island, breakfast bar, walk-in pantry. This lovely kitchen opens into the family room with a very cozy fireplace and more storage. Neighborhoods: Rio Vista Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017