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68 Alexander Avenue
About This Property
The finished lower level adds versatile bonus space with a separate rear entrance, offering flexibility for guests, recreation, or extended living.
Outside, enjoy a deep, level backyard featuring patio space and an expansive lawn - ideal for entertaining and everyday use.
Located in the desirable McLean Heights neighborhood, this is a true commuter's dream with easy access to major highways, Metro-North, and the 2, 4, and 5 subway lines. Just a short walk to a vibrant commercial corridor with shopping and dining, and minutes from Van Cortlandt Park with trails, sports fields, playgrounds, dog runs, and BBQ areas.
A turnkey home that combines charm, functionality, and a surprisingly spacious feel.
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 1, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Listed by eXp Realty | $558,000 | |
| Listed by eXp Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017