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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 |
|---|---|---|---|
| Jun 18, 2026 | Listed by Brick and Bloom Property Management | $3,150,000 | |
| Listed by Brick and Bloom Property Management | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2023 | Listed | $2,900,000 | |
| Listed | |||
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Highly sough-after McDonough! R-50 zoning allowing 8000sf minimum lots! McDonough is growing FAST! Build right behind the South Point Shopping Center. Nearby apartment communities to drive traffic to new construction single-family homes! See conceptual plat for 72 lots! Sewer coming behind property in 2024. Get your builders ready for this one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017