47 Alder Road
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 |
|---|---|---|---|
| Dec 9, 2014 | Sold | ||
| Sold | |||
| Sep 25, 2014 | Listed by George Maheras | $595,000 | |
| Listed by George Maheras | |||
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Opportunity awaits - Great price for Popular Martha Jones neighborhood - Move in, but ready for cosmetic updates. Kitchen redone with eat in area and separate dining room, Sunporch, Fireplaced living room, Finished lower level with fireplaced familyroom, laundry, Hardwood floors, Newer Systems redone within the past 10 years - Windows, Roof, Furnace 6-8 years old, 2 car garage - Nice level lot -
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017