3988 ALCOA DRIVE
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 28, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 25, 2024 | Listed by EXP Realty, LLC | $725,000 | |
| Listed by EXP Realty, LLC | |||
| | |||
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Step inside this meticulously maintained and tastefully updated home. Nestled in a desirable neighborhood, this residence features a total of 5 bedrooms and 2.5 bathrooms, providing ample space for comfortable living. The upper level boasts 4 spacious bedrooms, perfect for accommodating family and guests, along with 2 fully renovated bathrooms (2016) featuring luxurious heated floors, ensuring comfort during the colder months. On the main level, you'll find an additional bedroom, ideal for a guest room, home office or gym, and a conveniently located half bathroom. The renovated kitchen (2012) includes additional counter space and cabinets, while also featuring modern appliances including a refrigerator (2021) and range (2022). Both HVAC units were fully replaced in the spring of 2024 and include smart thermostats, ensuring efficient heating and cooling throughout the year. In addition, a tankless water heater (2017) will provide endless hot water on demand. The beautifully replaced bow window (2011) adds charm and natural light to the living space, while the durable PVC front porch posts enhance the home’s curb appeal. Additionally, a motorized awning (with cover) was added to the back patio in June 2024. Retaining walls in the backyard offer both functionality and style, with gravel areas for easy maintenance. For those with outdoor needs, the attached shed provides additional storage. The garage is equipped with an EV outlet for electric vehicle charging. The roof, replaced in 2011, and overall detailed maintenance of this property will ensure peace of mind for years to come. Experience the perfect blend of modern updates and comfortable living spaces! This stunning home won't last long. Schedule a viewing today!
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| Feb 12, 2010 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017