1237 Main 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 |
|---|---|---|---|
| Sep 3, 2026 | In contract | - | |
| In contract | |||
| Aug 29, 2026 | Listed by RE/MAX Vision | $49,900 | |
| Listed by RE/MAX Vision | |||
| May 31, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| May 28, 2026 | Listed by RE/MAX Vision | $59,900 | |
| Listed by RE/MAX Vision | |||
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This lot has a address of 1237 Main Street but is accessible at the end of Park Street. Nice dead end location! The building lot is currently a grassy field with access to Main Street on foot down a historic set of stairs tiered with trees and plantings. Attached is the deed for explanation of easement on the property.
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| Jul 14, 2014 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017