11 Michael
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 |
|---|---|---|---|
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jun 30, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Price Decreased |
$750,000
↓ $25K
(3.2%) | |
| Price Decreased | |||
| May 19, 2025 | Price Decreased |
$775,000
↓ $15K
(1.9%) | |
| Price Decreased | |||
| Apr 21, 2025 | Listed | $790,000 | |
| Listed | |||
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Nestled on a spacious corner lot in Pocasset Hills, this beautifully updated home offers the best of coastal living, just minutes from the Bourne Bridge, Four Ponds trails, beaches and golf. Inside, enjoy an open layout with hardwood floors, stainless steel appliances, farmhouse sink, center island and French doors leading to a large deck and garden, ideal for entertaining. Upstairs features a primary bedroom, two additional bedrooms and an updated bath with a soaker tub. The lower level includes a second primary suite with walk-in closet, office, bonus room, and a renovated bathroom with custom dual-sink vanity and walk-in shower. Energy-efficient features include: split-system heat pump and HVAC, high-efficiency natural gas boiler, solar panels (lease to be assumed), and Renewal by Andersen windows. Set on over 1/2 acre, enjoy a fenced garden, fire pit, and outdoor shower. With beaches, trails and golf within 1.5 miles, this home blends comfort, efficiency and location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017