5 Alexandra 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 |
|---|---|---|---|
| Jul 9, 2024 | Sold | ||
| Sold | |||
| May 15, 2024 | Listed by Coldwell Banker Realty - Lynnfield | $835,000 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
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LOCATION, LOCATION!! Lots of potential in this raised ranch located on a 30,000 sq ft lot in a beautiful neighborhood within walking distance to MARKET STREET and GLEN MEADOW PARK! Title V for 4 BEDROOMS! HEATING SYSTEM 2022, OIL TANK 2022, ELECTRICAL PANEL 2022, ROOF 2017. Bring your own ideas and renovate to your style. Living room with fireplace, hardwood floors throughout and lots of natural sunlight. Eat in kitchen with its own dining space, open to the enclosed porch. Laundry located in the pantry on first floor. 4 generous size bedrooms on the main floor, including primary bedroom with full bath and 3 closets for extra storage. The lower level offers even more living space with a family room another fireplace and an office/bedroom with full bath. The workroom and two car garage complete this spacious home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017