42
Map
1 Main Street
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Feb 26, 2025 | In contract | - | |
| In contract | |||
| Feb 3, 2025 | Listed | $1,150,000 | |
| Listed | |||
| Oct 24, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Sep 20, 2023 | Listed by Realty One Group Nest | $339,777 | |
| Listed by Realty One Group Nest | |||
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Have you been dreaming of building your new home? Well, here is your chance! This builder’s acre is ready to go. The existing structure was taken down and the buildable lot is ready for its new owner. The property is serviced by town water, and electricity is at the street. All you need is your house plan and new septic. Bring your builder or use one of ours, but don’t let this opportunity get away! Buildable lots don't last long so connect with me today!
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Address: 335 Madison Avenue, New York, NY 10017