2
Map
12400 Cole Drive
About This Property
The bones are solid and the lot of 1.5 private acres with room to expand, add a workshop, park a boat, or simply have the kind of breathing room that's disappeared from coastal markets at this price. The interior is ready for your vision: cosmetic updates and a clean-out are all that stand between this property and a finished product worth considerably more than the asking price.
Listed By
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 25, 2026 | In contract | - | |
| In contract | |||
| Sep 14, 2026 | Relisted | $190,000 | |
| Relisted | |||
| Sep 11, 2026 | In contract | - | |
| In contract | |||
| Jul 1, 2026 | Price Decreased |
$190,000
↓ $44K
(18.8%) | |
| Price Decreased | |||
| Jun 23, 2026 | Price Decreased |
$234,000
↓ $5K
(2.1%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017