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5233 ALPHA Avenue
About This Property
Brand-new construction offering builder warranty, and the quality, efficiency, and peace of mind that only a newly built home can provide! Thoughtfully designed with today's buyer in mind, this home combines an open, functional layout with stylish finishes and low-maintenance living. An exceptional value for the price! Step inside to an open-concept floor plan that creates a seamless flow between the living, dining, and kitchen spaces--ideal for both everyday living and entertaining.
Enjoy the confidence that comes with owning a brand-new home, including new roof, HVAC, plumbing, electrical, energy-efficient systems, modern building standards, and builder warranties, helping reduce maintenance and repair costs for years to come.
Closing Cost Assistance Available with acceptable offer!
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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 25, 2026 | Listed by WATSON REALTY CORP | $334,000 | |
| Listed by WATSON REALTY CORP | |||
| Jun 25, 2014 | Sold | ||
| Sold | |||
| Mar 29, 2014 | Listed by WATSON REALTY CORP | $58,900 | |
| Listed by WATSON REALTY CORP | |||
| Mar 19, 2014 | Sold | ||
| Sold | |||
| Jun 12, 2013 | Listed by WATSON REALTY CORP | $95,000 | |
| Listed by WATSON REALTY CORP | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017