1360 Powell Avenue
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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Price Decreased |
$1,175,000
↓ $24K
(2%) | |
| Price Decreased | |||
| Jul 15, 2025 | Price Decreased |
$1,199,000
↓ $51K
(4.1%) | |
| Price Decreased | |||
| Jun 11, 2025 | Listed by EXIT Realty Premier | $1,249,888 | |
| Listed by EXIT Realty Premier | |||
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WOW, WOW, WOW - This Spectacular 5 Bedroom / 3.5 Bathroom Colonial sits in the Heart of Merrick. Highlights Include: Gas Cooking & Heating, Gas Burner 4 years young, 200AMP electric, Central Air, Gleaming Hardwood Flooring, Inground Sprinklers, Fully PVC Fenced in Yard, 1 Car Attached Garage, Partially Finished Basement, Storage Galore & Pull Down Staircase Attic, Very Large Bedrooms, 1st Floor Bedroom Has Sound Proofing - Great for Musician, Cathedral Ceiling with Skylights, Washer/Dryer (Laundry Room) on 2nd Floor & Much Much More. Accessible to all. An Absolute Must See. Shed is a gift.
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017