64 Alger Brook 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%.
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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.
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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 11, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $295,000 | |
| Listed | |||
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A solid, well built two story home with 4 bedrooms, and 3 baths on 6.23 acres. The yard has a beautiful stonewall with perennial gardens, fruit trees, along with a seasonal brook that runs along the parcel. With selective cutting thereâs the potential for a view again. In addition to the attached garage youâll find a shed for all the toys, firewood, and dry storage. The house has plenty of space for everyone including a large deck for entertaining, enjoying the wildlife, and the sunsets. A full house generator will keep the lights on when the neighborhood loses power. The manager has listed the unit size as 2280 square feet.
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| Dec 21, 2015 | Listed by Engel & Volkers Okemo | $295,000 | |
| Listed by Engel & Volkers Okemo | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017