1 Nelson Ave
About This Property
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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 |
|---|---|---|---|
| Sep 12, 2025 | Sold | ||
| Sold | |||
| Aug 6, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Listed by Silver Key Homes Realty | $450,000 | |
| Listed by Silver Key Homes Realty | |||
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Charming South Lowell single-family home featuring 3 bedrooms and plenty of updates! The kitchen and bathroom both offer stylish finishes after many renovations. There is a dining area off the kitchen and sliders to the backyard. Enjoy the warmth of hardwood floors in the living room and playroom and there is plush carpeting in the bedrooms. This home offers off-street parking and a corner lot location. The fenced-in backyard is perfect for entertaining with a deck, above-ground pool, and a cozy firepit area. Move-in ready and located close to highways, schools, and local amenities—don’t miss this one!
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| Jun 24, 2019 | Sold | ||
| Sold | |||
| May 20, 2019 | Listed by LAER Realty Partners | $275,000 | |
| Listed by LAER Realty Partners | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017