472 ALSEY Drive
About This Property
While the home retains much of its original charm, with some vision and effort, this home could truly shine. Two of the bathrooms have already been renovated, offering a head start on the updating process.
The layout is ideal for families, with plenty of room to spread out. The original garage has been converted into a fifth bedroom, increasing the total living space to 2,154 square feet. A large stone fireplace anchors the living room, and a separate laundry room adds convenience. Behind the kitchen and living area, you'll find a spacious bonus room that could serve as a workshop, home office, or even be transformed into a butler's pantry A large covered patio opens up to a generous fenced backyard on a 0.21-acre lot, perfect for outdoor entertaining or simply enjoying the Florida sunshine.
This home is located less than half a mile from elementary, middle, and high schools, making it an ideal spot for families. With no CDD or HOA fees and arguably the largest floor plan in the neighborhood, this property offers space, location, and potential in one package.
If you're looking for a solid home with room to grow and customize, 472 Alsey Drive is worth a closer look.
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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
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2025 | Sold | ||
| Sold | |||
| Sep 6, 2025 | In contract | - | |
| In contract | |||
| Aug 29, 2025 | Price Decreased |
$262,000
↓ $8K
(3%) | |
| Price Decreased | |||
| Jul 23, 2025 | Listed by VYLLA HOME | $270,000 | |
| Listed by VYLLA HOME | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017