447 ALDER ROAD
About This Property
Step inside to a welcoming living room with a cathedral ceiling that creates an open, airy feel and leads visually to the bonus loft-style space at the top of the stairs. Just off the living room, the formal dining room connects to the spacious kitchen, offering a practical flow for everyday living and gatherings. The kitchen also provides access to the laundry area and attached garage for added convenience.
A spacious family room sits just off the kitchen and features sliding doors leading to the backyard, making indoor-outdoor living easy. The first floor also includes a convenient half bath.
Upstairs, you'll find a spacious owner's bedroom with direct access to the shared full bathroom, complete with dual vanities for added function. Three additional bedrooms offer flexible space for bedrooms, guests, a home office, or hobbies. Attic access provides additional storage.
Outside, the fenced backyard features a spacious patio and mature landscaping, offering a great foundation for relaxing, entertaining, or creating your future backyard retreat. The roof was replaced in 2021, providing valuable peace of mind.
Conveniently located near Route 1, Route 13, shopping, dining, major area amenities, and within walking distance to a bus stop and W. Reily Brown Elementary School, this home offers a great blend of space, comfort, and everyday convenience.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017