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12112 RR #620
About This Property
The property was completely updated approx. 4 years ago, parking, retention ponds, fire hydrants, along with the inside of the building. Was being used for a martial arts & fitness gym & summer camp for kids. This is a turn key building for the same type of use. This is in a high traffic area with easy access.
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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 |
|---|---|---|---|
| Jun 26, 2026 | Listed by Cavalier Real Estate | $2,500,000 | |
| Listed by Cavalier Real Estate | |||
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| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017