31
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1388 Midline Road
About This Property
Town of Amsterdam - It's a BRICK HOUZZZ! Classic brick cape on nearly an acre of land with 225' of road frontage. 3 large bedrooms, 2 baths, eat in kitchen, formal dining and very large living room. 1st flr laundry. Semi-finished basement used as family or game room. Wood flrs throughout. Kitchen has very nice cabinetry and plenty of storage and counter space. Detached one car garage.
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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 |
|---|---|---|---|
| Jul 10, 2026 | Sold | ||
| Sold | |||
| Jun 1, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Listed by Inglenook Realty Inc | $289,900 | |
| Listed by Inglenook Realty Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017