8182 ALDERMAN Road
About This Property
The heart of the home is the newly remodeled kitchen, a chef's delight with its sleek granite countertops, custom cabinetry, and state-of-the-art appliances. The open-concept layout seamlessly connects the kitchen to the dining and living areas, making it an ideal space for both entertaining and everyday living.
Outside, the spacious backyard is your private oasis. Dive into the sparkling swimming pool or relax on the patio while enjoying the expansive outdoor space, perfect for hosting gatherings or simply unwinding in your own retreat.
The home also features brand-new windows, ensuring energy efficiency and a bright, airy atmosphere.
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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 |
|---|---|---|---|
| Oct 25, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| Sep 27, 2024 | Price Decreased |
$419,990
↓ $20K
(4.6%) | |
| Price Decreased | |||
| Sep 5, 2024 | Price Increased |
$439,990
↑ $91K
(26.1%) | |
| Price Increased | |||
| Sep 3, 2024 | Listed by LOWEST FEE REALTY LLC | $349,000 | |
| Listed by LOWEST FEE REALTY LLC | |||
Property Highlights
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About Greater Arlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017