951 Alexander Street
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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 |
|---|---|---|---|
| Nov 3, 2023 | Sold | ||
| Sold | |||
| Sep 19, 2023 | Listed by Douglas Elliman Real Estate | $600,000 | |
| Listed by Douglas Elliman Real Estate | |||
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This delightful property is ideally positioned on a corner lot, offering the convenience of being just a short walk away from major shopping centers. The spacious kitchen seamlessly connects to both the breakfast area and the dining area, making it an ideal space for family gatherings. The living area is adorned with beautiful hardwood flooring and a cozy fireplace, creating a warm and inviting atmosphere. The front and rear yards showcase exquisite landscaping. This is a 6000 sq/ft lot - the survey is available.
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| Apr 5, 2019 | Sold | ||
| Sold | |||
| Jan 18, 2019 | Listed by Boulevard Realty | $459,900 | |
| Listed by Boulevard Realty | |||
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Recently updated Heights home on a large, fully fenced corner lot(50x120) close to the newly redeveloped Shepherd corridor that’s filled with new favorites like Heights Bier Garten, Cane Rosso, and Snooze: an A.M. eatery. The finished garage apartment is 795 sq. ft., nicely finished w/hardwood floors, granite and central AC making it great for use as an office space or for potential rental income. Washer, dryer, and refrigerator are included with this home which also boasts granite counters, hardwood floors, and a spacious backyard. Great location means you're only about 3 blocks from both Lawrence Park and the Heights Hike & Bike Trail as well.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017