48 Alcott St
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 |
|---|---|---|---|
| Jan 27, 2022 | Sold | ||
| Sold | |||
| Nov 29, 2021 | Listed by William Raveis R.E. & Home Services | $749,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Character and Charm! A remarkable opportunity to acquire this much loved, family home in the desirable Robbins Park neighborhood! Available for the first time in decades, this unique, Jenks built home is filled with character, rich in tradition. Embrace the timeless charm and grace of immaculate, papered walls, beautiful flooring, and an abundance of versatile expanded, living spaces. Perfectly sited on just over an acre, this gem presents incredible potential for further renovation. To the rear of the property sits a quintessential, 18th Century, post and beam barn, overlooking the pool area. The barn is equipped with power and has a built-in garage below, ideal for the car enthusiast. The potential is endless and limited only by purpose and imagination! The pool, once the highlight of social gatherings and family fun, beckons for a new owner to restore to it's former splendor. Fond memories have been created here, and an opportunity awaits for new owners to create their own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017