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51 Albee 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 |
|---|---|---|---|
| Mar 9, 2026 | Sold | ||
| Sold | |||
| Feb 8, 2026 | In contract | - | |
| In contract | |||
| Jan 13, 2026 | Listed by Century 21 Custom Home Realty | $849,000 | |
| Listed by Century 21 Custom Home Realty | |||
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This Dutch Style Gambrel sits on 1.18 acres with stone walls surrounding it and a beautiful farmer style wraparound porch. Lush landscaping w/ sprinkler system, basketball court, and patio with hot tub. The in-law/teen suite unit has its separate driveway and there is a two-car garage for the main house on its own driveway Updated kitchen with Corian countertops, center island, and breakfast nook. Formal dining room off the kitchen with hardwoods. First floor laundry and half bath. Step down from the kitchen to the fireplace family room which has a beautiful barn door that leads to the front living room, The second floor boasts 3/4 bedrooms with plenty of closet space and ceiling fans. The Main bedroom has a large Walkin closet, and a main bath has a jetted tub with tile floor and shower stall. The office is right off the mail bedroom. The second bath was recently remodeled with beautiful new vanity and Corian w/ tile floor. The lower lever hosts teen suite or exercise room.
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| Nov 30, 2005 | Sold | ||
| Sold | |||
| Sep 7, 2005 | Listed | $489,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017