50 Albert Rd
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 |
|---|---|---|---|
| Aug 21, 2019 | Sold | ||
| Sold | |||
| Mar 20, 2019 | Listed by Engel & Volkers Newton | $879,900 | |
| Listed by Engel & Volkers Newton | |||
| Oct 6, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $815,000 | |
| Listed | |||
| | |||
|
Beautifully renovated house with a large, rectangular, leveled, 12600SF lot abutting conservation land. Quiet, cul-de-sac location. Great value for living in and then development. Move right in condition. Recently updated, sparkling 4 bedroom 2.5 bath Cape. Eat in kitchen with granite countertops and white wood cabinets. Gleaming, newly stained and finished hardwood floors. Newer roof. Living room with fireplace, 2 second floor bedrooms and 2 first floor bedrooms, enclosed rear porch and deck. Spacious, spa-like baths. Finished lower level consisting of large entertaining room, luxurious tiled bath, kitchenette, office and laundry room area. Close to Burr School and public transportation. Oversized, level yard at end of cul-de -ac with pretty natural woods, storage shed, rear porch and deck perfect for entertaining. Home has been renovated in recent years to meet today's buyers wants. Privacy and room to expand. Easy access to 90, 95, commuter rails, express bus, all Newton can offer. The manager has listed the unit size as 2144 square feet.
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| May 23, 2017 | Listed by Engel & Volkers Newton | $815,000 | |
| Listed by Engel & Volkers Newton | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017