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1385 Pond 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 |
|---|---|---|---|
| Jun 27, 2008 | Sold | ||
| Sold | |||
| Apr 17, 2008 | Listed by John G. Turinese | $275,000 | |
| Listed by John G. Turinese | |||
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Wonderful opportunity to own this substantial size home on large lot. This hidden gem boasts plenty of curb appeal; front porch with pillars, walk out bay window, crown moldings, circular driveway, newly connected to town sewer, town water and plenty of parking. Currently being used as a single family, but is legal two family. Unfinished third floor walk up could add more living space. Great for extended family or rental property. SELLER TO ENTERTAIN OFFERS BETWEEN $275,000 and $300,000.
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Address: 335 Madison Avenue, New York, NY 10017