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829 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%.
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 |
|---|---|---|---|
| Dec 1, 2025 | Sold | ||
| Sold | |||
| Nov 5, 2025 | In contract | - | |
| In contract | |||
| Sep 25, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Sep 24, 2025 | Listed by Nan & Company Properties - Corporate Office (Heights) | $910,000 | |
| Listed by Nan & Company Properties - Corporate Office (Heights) | |||
| Sep 2, 2025 | Listed by Nan & Company Properties | $940,000 | |
| Listed by Nan & Company Properties | |||
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Experience elevated modern living at West 9th Villas by Iklo Homes, a boutique trio of new construction homes nestled in the heart of Houston Heights. Each home features 4 bedrooms, 3.5 baths, over 2,500 SF, and the rare convenience of first-floor living. The kitchen stuns with a quartz waterfall island, flat front cabinetry, Bosche appliances, and a stone-wrapped vent hood. An open-concept layout connects seamlessly to the living area with a statement stone fireplace and sleek black shiplap accent wall. Upstairs, the vaulted primary suite offers balcony access, a spa-like bath with dual vanities and a soaking tub, and an expansive custom walk-in closet. The third floor includes a game room and rooftop terrace, perfect for entertaining. Elevator-ready design, high-end finishes, and unbeatable walkability to parks, restaurants, and Whole Foods make this a standout opportunity in the Heights. Schedule your private showing at West 9th Villas today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017