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119 Pilgrim Place
About This Property
Welcome to 119 Pilgrim Place - a classic Colonial offering 3 bedrooms and 2 full bathrooms. This home features a traditional layout with spacious rooms, a full unfinished basement, private driveway, and one-car garage. Perfect for investors, contractors, or buyers looking to customize their own home. Being sold as is, this property offers tremendous potential and value in a prime Valley Stream Village location close to schools, parks, shopping, and transportation. Property needs extensive work.
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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 |
|---|---|---|---|
| Jul 15, 2026 | In contract | - | |
| In contract | |||
| Jun 19, 2026 | Relisted | $589,000 | |
| Relisted | |||
| Jun 9, 2026 | In contract | - | |
| In contract | |||
| Jun 4, 2026 | Relisted | $489,000 | |
| Relisted | |||
| Nov 5, 2025 | In contract | - | |
| In contract | |||
Property Highlights
Building Info
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Price/ft²
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About Valley Stream
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017