4038 Alder
About This Property
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| May 28, 2020 | In contract | - | |
| In contract | |||
| May 7, 2020 | Price Decreased |
$959,999
↓ $20K
(2%) | |
| Price Decreased | |||
| Apr 23, 2020 | Price Decreased |
$979,999
↓ $19K
(1.9%) | |
| Price Decreased | |||
| Apr 3, 2020 | Listed | $999,000 | |
| Listed | |||
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Well maintained two-story home with a detached one car garage situated on a premium corner lot located within the heart of Kensington. This amazing property is the perfect blend of vintage and modern featuring arched ceilings, neutral paint and trim, crown molding, plantation shutters, a tank less water heater, updated bathrooms, a cozy fireplace, and durable hardwood, bamboo, and tile flooring throughout. The manager has listed the unit size as 1429 square feet.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017