1280 Dearborn St
About This Property
This 4-bedroom, 2-bathroom home offers 1,783 sq. ft. of living space on a generous lot. Featuring hardwood floors and newer kitchen appliances, this property is ready for your personal touch. With a little paint and cosmetic updating, you can make it shine.
Highlights include:
Large lot with plenty of outdoor space,
1-car garage with additional driveway parking,
Conveniently located near schools and quick highway access.
This home is perfect for buyers looking for sweat equity or investors seeking a solid property in a great location. Don't miss the opportunity to make this one your own!
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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 |
|---|---|---|---|
| Dec 19, 2025 | Sold | ||
| Sold | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2025 | Price Decreased |
$399,900
↓ $10K
(2.5%) | |
| Price Decreased | |||
| Oct 8, 2025 | Price Decreased |
$410,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Sep 11, 2025 | Listed by Meant To Be Realty | $425,000 | |
| Listed by Meant To Be Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017