72 Alexander Avenue
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%.
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 |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Jul 1, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | Listed by Coldwell Banker, Montclair | $799,000 | |
| Listed by Coldwell Banker, Montclair | |||
| Jul 29, 2019 | Sold | ||
| Sold | |||
| Apr 12, 2019 | Listed by RE/MAX 1st ADVANTAGE | $679,000 | |
| Listed by RE/MAX 1st ADVANTAGE | |||
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Desirable 3 Bed 3 Bath Ranch in Upper Montclair. Sellers are relocating, also willing to rent out home for $3850. Meticulously maintained, landscaped & Move-in-Ready. Step in from the charming porch to find a light & bright open floor plan. Gleaming HW floors & rec lights extend throughout. Spacious LR is illuminated w/ a wealth of sunlight & feats. a stunning stone FP to warm chilly nights! FDR feats. a state-of-the-art chandelier & is great for hosting dinner parties! EIK offers SS appliances, CI, granite counters, pantry & more! Relax & unwind in the back Den, equip w/ sliders to the deck. Down the hall, find the main bath & 3 generously sized BRs w/ large closets, inc the Master Suite! MBR offers a WIC & ensuite bath. Finished basement w/ brand new flooring holds a Rec Rm, laundry rm & 3rd full bath! Outdoor entertaining is made easy w/ a full fenced-in yard w/ archway, patio & deck! BRAND NEW HWH, 7 m/o W&D, too! TRULY a MUST SEE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017