25
Map
1242 Creel Road NE
About This Property
In 2023, numerous upgrades were completed including a new heat pump, electrical panel, hot water heater, a pool heating system, and added electrical outlets on the pool deck. The exterior of the home was freshly painted as well.
Move-in ready, with thoughtful updates throughout - this home truly has it all!
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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 5, 2025 | Sold | ||
| Sold | |||
| Jul 30, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed by Real Broker LLC | $335,000 | |
| Listed by Real Broker LLC | |||
Property Highlights
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Price/ft²
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About Port Malabar
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017