1201 Allen Street
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 |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Feb 7, 2026 | In contract | - | |
| In contract | |||
| Jan 28, 2026 | Delisted | - | |
| Delisted | |||
| Jan 20, 2026 | In contract | - | |
| In contract | |||
| Jan 15, 2026 | Listed by Nexthome Elite Realty | $289,900 | |
| Listed by Nexthome Elite Realty | |||
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Situated at 1201 Allen St. in East Forest Park, this updated 1920 farm house carries a sense of history and timeless appeal. Discover a layout offering three bedrooms and two full bathrooms, an oversized kitchen with a custom island and ample cabinet space, first-floor laundry and a sunny mudroom. The full basement is partially finished for an office or playroom. The generous 22,464 square foot fenced in lot with its two-tiered deck presents an expansive outdoor area, perfect for gardening, outdoor games or simply enjoying the open air. Oversized two car garage with a second story loft for storage and a front-to-back driveway makes this property extremely desirable. This property has been well maintained, the house roof is two years young.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017