5 Alderson Drive
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 4, 2016 | Sold | ||
| Sold | |||
| Oct 22, 2008 | Sold | ||
| Sold | |||
| Mar 9, 2008 | Listed | $499,900 | |
| Listed | |||
| Oct 25, 2006 | Sold | ||
| Sold | |||
| Mar 16, 2006 | Listed by Keller Williams Realty Evolution | $559,900 | |
| Listed by Keller Williams Realty Evolution | |||
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Exceptional home features 8 rms, 3 bdrms, 2.5 baths, front to back LR w/fireplace, formal DR with maple flr and wainscoting plus large, eat-in kit. w/granite counters and ceramic tiled flr. Sunroom has bead board walls, cathedral ceiling and sliders to mahogany deck. Master suite has bath and walk-in closet. Walk-up attic offers expansion possibilities. Lower-level office and workshop. Large lot w/mature plantings. Easy access to Rt.1 and Rt.95.
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Address: 335 Madison Avenue, New York, NY 10017