422 Alder Street
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 12, 2025 | Sold | ||
| Sold | |||
| Dec 31, 2024 | In contract | - | |
| In contract | |||
| Dec 26, 2024 | Listed by ERA Team VP Real Estate | $149,900 | |
| Listed by ERA Team VP Real Estate | |||
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Charming 3-bedroom 1-bathroom home with recent renovations to the kitchen and bathroom. Plenty of space in this move in ready home with stainless steel appliances and many newer windows. Living room looks out to the front covered deck where you'll enjoy the front yard and privacy. Large private back yard perfect for outdoor entertaining. A second living room ready to be finished with flooring on site. Ample parking in and along the well-maintained driveway. Just 2 minutes to Downtown! You'll feel right at home here - where a perfect blend of comfort and convenience awaits you!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017