1
Map
607 Alder Way #607
About This Property
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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%.
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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 18, 2017 | Sold | ||
| Sold | |||
| May 5, 2017 | Listed by Century 21 North East | $399,000 | |
| Listed by Century 21 North East | |||
| | |||
|
Beautiful and spacious, this 3 level townhouse offers open concept living and the convenience of living at desired Maplewood Reserve. The kitchen with dual height breakfast bar, granite counter tops, stainless steel Kitchenaid appliances, and cherry cabinets overlooks the combined living and dining room with sliders to the newly paved back patio. First floor laundry, powder room and pantry/closet, 9 foot ceilings, crown molding and hardwood floor. Recently painted top to bottom! Second floor with library nook, master suite with walk-in closet, linen closet and master bath with granite counter, jetted tub, second bedroom and hall bath. The bedroom on the third floor could be used as an office or bonus room. Oversized 1 car garage with extra storage and parking spot. Maplewood Reserve offers a grand community room with fireplace and TV, Fitness Center and heated indoor pool.
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| Jul 11, 2014 | Sold | ||
| Sold | |||
| Mar 4, 2014 | Listed by Keller Williams Realty | $354,900 | |
| Listed by Keller Williams Realty | |||
| | |||
|
This roomy 1900 sq. ft., 3-level townhome was the model home in this quiet community that backs up to Harold Parker State Forest. Upgraded paint throughout, crown moulding, 9 foot ceilings, model home window treatments, and beautiful granite counter tops (kitchen and bathrooms) set this unit apart from the rest. Stainless steel appliances (Kitchen Aid) , warm luxurious cherry cabinets, and an Italian tile floor complement the spacious kitchen. The first floor is an open floor plan with combined living/dining area and sliders that open to a southeast-facing wood deck ideal for barbequing and relaxing. The master bedroom is 19 x 12' with walk-in closet, linen closet, and master bath equipped with jacuzzi jet bathtub. The second bedroom is a generous 12 x 12' and the third floor bedroom is a whopping 19 x 12' space ideally laid out to include a bonus office desk space.
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| Mar 28, 2008 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/05/2017
|
3 Bed
|
3 Bath
|
1909 ft²
|
$399,000
3 Bed
3 Bath
1909 ft²
|
$399,000
08/18/2017
|
Pedro Cordano
Century 21 North East
| |
|
03/04/2014
|
3 Bed
|
3 Bath
|
1900 ft²
|
$354,900
3 Bed
3 Bath
1900 ft²
|
$347,000
-2.23%
07/11/2014
|
Edmund Wong
New Year Realty
| |
|
11/22/2005
|
3 Bed
|
3 Bath
|
1885 ft²
|
$429,900
3 Bed
3 Bath
1885 ft²
|
$353,000
-17.89%
03/28/2008
|
Tom McCarron
William Raveis R.E. & Home Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017