6709 Alvin Drive
About This Property
A beautiful fireplace and open kitchen are the highlight of the living room, with decorative lighting and a center island with a raised bar for additional seating rounding out the living area. The spacious master suite and master bathroom includes a double vanity, a separate walk-in shower and walk-in closet, and a large spa bath.
The manager has listed the unit size as 2546 square feet.
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Cap Rate Calculator
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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 6, 2024 | No longer available | - | |
No longer available | |||
Apr 4, 2024 | Price Decreased |
$299,999
↓ $5K
(1.6%) | |
Price Decreased | |||
Apr 1, 2024 | Relisted | $305,000 | |
Relisted | |||
Mar 27, 2024 | No longer available | - | |
No longer available | |||
Mar 21, 2024 | Relisted | $305,000 | |
Relisted |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
06/12/2023
| |
3 Bed
|
2 Bath
|
2546 ft²
|
$299,999
3 Bed
2 Bath
2546 ft²
|
-
-
|
-
|
Mi Hyang Zevallos
Central Metro Realty
|
04/12/2022
| |
4 Bed
|
2 Bath
|
2546 ft²
|
$329,900
4 Bed
2 Bath
2546 ft²
|
-
-
|
-
|
Mi Hyang Zevallos
Central Metro Realty
|
10/04/2019
| |
4 Bed
|
2 Bath
|
2400 ft²
|
$210,000
4 Bed
2 Bath
2400 ft²
|
$158,600
-24.48%
11/27/2019
|
Steven Johnson
| |
07/30/2017
| |
4 Bed
|
2 Bath
|
2546 ft²
|
-
4 Bed
2 Bath
2546 ft²
|
-
-
|
-
|
-
|
Building Info
