17
Map
403 Alpine Street
About This Property
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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 |
|---|---|---|---|
| Jan 30, 2026 | Listed by EXP Realty LLC Mooresville | $900,000 | |
| Listed by EXP Realty LLC Mooresville | |||
| May 16, 2025 | Sold | ||
| Sold | |||
| Oct 19, 2023 | Listed by Redwood Realty Group LLC | $599,000 | |
| Listed by Redwood Realty Group LLC | |||
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*BACK ON THE MARKET/NO FAULT OF THE SELLER: *KANNAPOLIS CITY APPROVED W/SEWER ALLOCATION/17 LOT PLAN & READY FOR BUILDER/INVESTOR: This is a Builders/Developers dream find. 4.67 acres in Kannapolis city limits that can be developed up to 17 lots. Tucked away on a quiet street that is only one mile from downtown Kannapolis. Close to I-85, Shopping, Dining, Schools and many other excellent amenities Kannapolis has to offer. Acreage is wooded, but will allow for future builder to leave trees as suited for building of up to 17 homes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017