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44 Alex Drive
About This Property
Upstairs, you'll find three generously sized bedrooms and two baths, including a impressive primary suite complete with a private sitting room and large en-suite bath. The bright sitting room can easily function as a second office or workout area. Laundry is conveniently located on the second level. The finished basement with legal egress offers endless flexible space for a home gym, recreation room, or office space with abundant extra storage. Complete with an attached garage, central A/C, efficient gas heat, indoor and outdoor sprinklers and a brand-new roof installed in July 2026!
Live stress-free with low-maintenance HOA living covering grounds care, snow removal, pool, tennis and clubhouse maintenance. ON SITE property manager! Enjoy top-tier community amenities including a clubhouse, swimming pool, tennis courts, and pickleball. Conveniently located near White Plains dining, shopping, and transportation-move right in and enjoy!
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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%.
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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.
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About White Plains
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017