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42 Alexander Rd
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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 19, 2025 | In contract | - | |
| In contract | |||
| Mar 12, 2025 | Listed | $1,500,000 | |
| Listed | |||
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Ideally located in Newton Highlands on a tree-lined street. This Tudor residence has been extensively renovated. The front door opens to a gracious foyer which leads to a lovely living room with an adjoining sunroom and a fireplace, an oversized dining room surrounded by windows overlooking the gardens, and a renovated kitchen appointed with custom cabinetry, a peninsula high bar, and stainless steel appliances. Floor is finished with a half bath & entrance to an oversized deck. The second level is comprised of a primary bedroom with a renovated spa like 3/4 bath with double vanity, two other bedrooms, and a renovated family bathroom. The basement features, 3 rooms, a gym, family room, full bath, storage and laundry. Additional features include beautiful hardwood floors, original detail, gas appliances, fenced yard, newer driveway & walkway. The grounds have mature plantings and a peaceful deck. This property is convenient to the “T” and everything Newton Highlands has to offer.
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| Mar 14, 2016 | Sold | ||
| Sold | |||
| Jul 15, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017