4151 Alder Place
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 |
|---|---|---|---|
| Mar 29, 2019 | Sold | ||
| Sold | |||
| Jan 11, 2019 | Listed by The Property Place | $55,000 | |
| Listed by The Property Place | |||
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One of the few homes in Cedar Lakes with a garage. A beautiful street to live on with lots of green space. Big rooms, lots of cabinets for extra storage, laundry room in kitchen. New shingle roof in 2018 & new package A/C unit rebuilt in 2018. Quiet cul-de-sac. Non age restricted community. RV/Boat storage subject to availability for $200 a year; community pool club house with lots of activities. A great place to call home! No more lawn mowing! Financing available. New carpet thru-out.
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| Mar 13, 2015 | Sold | ||
| Sold | |||
| Feb 11, 2015 | Listed by Trafford Realty Co. | $49,900 | |
| Listed by Trafford Realty Co. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017