535 Alda Road
About This Property
The oversized living and dining rooms flow to an oversized two level stone patio with stone bar, outdoor kitchen and sitting walls overlooking the water, lush grounds, and stone lookout gazebo with lower level cabana for apres water sports. Steps to the beach, pool, clubhouse, deepwater slips and moorings, and walk to town, train, schools, restaurants and shops. Restore the interior to your desired finishes and enjoy! Additional Information: Amenities:Storage,ParkingFeatures:2 Car Attached,
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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 |
|---|---|---|---|
| Feb 27, 2021 | Sold | ||
| Sold | |||
| Oct 23, 2020 | Listed by Stetson Real Estate | $2,150,000 | |
| Listed by Stetson Real Estate | |||
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Striking 1905 waterfront twin gabled home on sweeping acre overlooking the Sound and Otter Creek. Deeded rights to Shore Acres pool, beach, boating and clubhouse just steps away. This is the house that Daniel Warren built, the namesake of Rye Neck's lower school, and a pillar of the community. He lived well. The oversized living and dining rooms flow to an oversized two level stone patio with stone bar, outdoor kitchen and sitting walls overlooking the water, lush grounds, and stone lookout gazebo with lower level cabana for apres water sports. Steps to the beach, pool, clubhouse, deepwater slips and moorings, and walk to town, train, schools, restaurants and shops. Restore the interior to your desired finishes and enjoy!
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017