5 Alden Place #2A
About This Property
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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 |
|---|---|---|---|
| Apr 10, 2025 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Price Decreased |
$729,000
↓ $20K
(2.7%) | |
| Price Decreased | |||
| Jun 18, 2024 | Listed by BHG Real Estate Choice Realty | $749,000 | |
| Listed by BHG Real Estate Choice Realty | |||
| Dec 10, 2018 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/18/2024
|
3 Bed
|
2 Bath
|
1350 ft²
|
$749,000
3 Bed
2 Bath
1350 ft²
|
$698,000
-6.81%
04/10/2025
|
Barry Kramer
Westchester Choice Realty, Inc
| |
|
09/20/2023
|
3 Bed
|
2 Bath
|
-
|
$689,000
3 Bed
2 Bath
|
$689,000
01/31/2024
|
Barry Kramer
Westchester Choice Realty, Inc
| |
|
03/22/2023
|
3 Bed
|
2 Bath
|
-
|
$699,000
3 Bed
2 Bath
|
-
-
|
Leslie Corcoran
Houlihan Lawrence Inc.
| |
|
04/30/2019
|
1 Bed
|
1 Bath
|
-
|
$239,999
1 Bed
1 Bath
|
$225,000
-6.25%
08/20/2019
|
Anthony Amodeo
Charles Rutenberg Realty, Inc.
| |
|
12/15/2018
|
3 Bed
|
2 Bath
|
1325 ft²
|
$585,000
3 Bed
2 Bath
1325 ft²
|
$600,000
+2.56%
03/22/2019
|
Albert Posillico
Keller Williams Realty Group
| |
|
08/01/2018
|
3 Bed
|
2 Bath
|
1350 ft²
|
$689,000
3 Bed
2 Bath
1350 ft²
|
$695,000
+0.87%
12/10/2018
|
Carol Conway
Park Sterling Realty
| |
|
10/12/2017
|
1 Bed
|
1 Bath
|
825 ft²
|
$175,000
1 Bed
1 Bath
825 ft²
|
$165,000
-5.71%
02/13/2018
|
Gerald Torch
Barhite & Holzinger, Inc.
| |
|
09/21/2015
|
1 Bed
|
1 Bath
|
850 ft²
|
$169,900
1 Bed
1 Bath
850 ft²
|
$169,900
01/27/2016
|
Joe T. Hasselt
Joe T Hasselt
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017