813 Alexander Street
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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 |
|---|---|---|---|
| Dec 31, 2020 | Sold | ||
| Sold | |||
| Oct 16, 2020 | Listed by JNK Property Group | $679,000 | |
| Listed by JNK Property Group | |||
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This charming Bungalow is located in the heart of the Heights! Incredible opportunity for a buyer who also wants significant rental income! The main home features 3 bedrooms and 2 full bathrooms at 1,143 sqft and completely renovated in 2016. Directly behind the main home are two garage apartments- both tenant occupied. Each garage apartment is 1 bedroom/1 bathroom both renovated in 5/2019 and updated pier and beam foundation. The main home features spacious living open to the kitchen. Wood look tile throughout the entire home. NO CARPET! The kitchen features custom cabinetry, granite countertops and stainless steel appliances. HVAC and water heater updated for all three units. Dedicated driveway parking for the main home. Walking distance to Lawrence Park, M-K-T and Hike and Bike trails! Quick access to I-10 and 610! All units are currently tenant occupied. All units separately metered for electricity.
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| Dec 24, 2018 | No longer available | - | |
| No longer available | |||
| Nov 10, 2018 | Listed by Keller Williams - Houston Clear Lake | $559,000 | |
| Listed by Keller Williams - Houston Clear Lake | |||
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Come see this beautiful property located in the heart of the heights! Incredible opportunity for homeowners or investors looking for an income producing property. This property features a 3 bedroom 2 bathroom 1,143 Sq ft. main house with two 1 bedroom 1 bathroom ~650 Sq ft. apartments located behind. The main house is completely remodeled. Custom cabinets with beautiful granite counter tops. Wood look tile flooring throughout the home. New HVAC, stainless steel appliances in all units, and updated plumbing. Current total rents are $3850 with market rate rent potential 4500+!. All units are currently tenant occupied. Please do not disturb tenants. The manager has listed the unit size as 2443 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017