1279 Main 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 |
|---|---|---|---|
| Mar 4, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Dec 3, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Nov 13, 2024 | Listed by Berkshire Hathaway HomeServices Evolution Properties | $299,000 | |
| Listed by Berkshire Hathaway HomeServices Evolution Properties | |||
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Prime location is this (currently used as a residential) commercial opportunity! Well traveled road has proven to be an ideal space to develop, create revenue and run your business. Commercial uses such as a nursery school or childcare facility (professional and business offices and are allowed with a special permit). Light manufacturing as well as a retail establishment selling agricultural goods or equipment are also permitted uses. Other permitted uses are retail suppliers of construction materials or manufacturing. Wholesale trade and distribution is allowed, as well as research offices or establishments devoted to R&D activities.
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| Sep 17, 2024 | Listed by Berkshire Hathaway HomeServices Evolution Properties | $299,000 | |
| Listed by Berkshire Hathaway HomeServices Evolution Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017