4525 Allegro Drive
About This Property
The kitchen features a center island and opens to the breakfast area with French doors leading to the covered patio and backyard. A separate flex room with a gas fireplace can be used as a second living area, office, or game room.
The primary suite includes a bay window, walk-in closet, and ensuite bath with dual granite vanities, a soaking tub, and separate shower. Two secondary bedrooms share a full bath.
The backyard offers a covered patio and pergola for outdoor living. Conveniently located near schools, parks, shopping, and dining.
Just waiting for its next owner-with a little work and vision, this property has the potential to shine.
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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 |
|---|---|---|---|
| Sep 25, 2026 | In contract | - | |
| In contract | |||
| Sep 23, 2026 | Price Decreased |
$224,950
↓ $45K
(16.7%) | |
| Price Decreased | |||
| Sep 23, 2026 | Relisted | $269,950 | |
| Relisted | |||
| Sep 11, 2026 | In contract | - | |
| In contract | |||
| Sep 5, 2026 | Price Decreased |
$249,950
↓ $20K
(7.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017