12
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1278 Schenectady Avenue
About This Property
The top floor houses three bedrooms and a full bathroom, with the primary bedroom boasting ample closet space. The finished basement includes an additional bathroom and a convenient rear entrance. Outside, you'll find a shared driveway leading to a garage and backyard space. Conveniently located near local shopping and public transportation, this home is full of potential.
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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 | Price Decreased |
$655,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Jul 23, 2026 | Price Decreased |
$679,999
↓ $79K
(10.4%) | |
| Price Decreased | |||
| Mar 9, 2026 | Listed by Excell Choice Realty | $759,000 | |
| Listed by Excell Choice Realty | |||
| Jul 1, 2024 | No longer available | - | |
| No longer available | |||
| Mar 1, 2023 | Listed by Excell Choice Realty | $799,000 | |
| Listed by Excell Choice Realty | |||
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About Central Brooklyn
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017