1277 Jersey St
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 |
|---|---|---|---|
| Oct 31, 2025 | Price Decreased |
$699,000
↓ $26K
(3.6%) | |
| Price Decreased | |||
| Oct 10, 2025 | Price Decreased |
$725,000
↓ $15K
(2%) | |
| Price Decreased | |||
| Sep 20, 2025 | Price Decreased |
$740,000
↓ $22K
(2.9%) | |
| Price Decreased | |||
| Aug 21, 2025 | Listed | $762,000 | |
| Listed | |||
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Fall in love with this beautifully updated cottage in the heart of Mayfair, blending classic charm with today's modern touches. The inviting main level features two bright bedrooms, a stylish full bath, and a dining space that flows easily into the remodeled kitchen. With its commercial style range and sleek finishes, the kitchen is equally functional for daily life and impressive when hosting guests.
An expansive family room addition offers the perfect spot to relax, whether it's hosting friends for game night or curling up with a good movie. The finished basement adds flexibility with new carpet, an updated bathroom plus shower, and plenty of extra space for hobbies, guests, or a home office.
Step outside to enjoy one of the largest backyards in the neighborhood fully fenced in for pets or young ones. The covered porch is perfect for summer barbecues, while trees and fresh landscaping create a peaceful retreat. Major updates give peace of mind, including a new roof, newer furnace, water heater, gutters, washer/dryer, exterior paint, and refinished hardwood floors.
All of this is just steps from Mayfair's favorite restaurants, cafes, parks, and the exciting new 9th & Colorado development. A rare find full of character, upgrades, and unbeatable location.
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| Aug 23, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017