1403 Avenue L
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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%.
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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.
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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 |
|---|---|---|---|
| May 7, 2026 | Sold | ||
| Sold | |||
| Apr 9, 2026 | In contract | - | |
| In contract | |||
| Mar 29, 2026 | Listed by CB&A, Realtors | $645,000 | |
| Listed by CB&A, Realtors | |||
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SPECTACULAR 5 ACRE of HIGH and DRY very DESIRABLE LAND with a DARLING 3/2/2 RANCH STYLE HOME W/BRICK on 4 sides, a LIGHT & BRIGHT open floor plan, engineered wood flooring, granite countertops, gas range, tankless water heater, 2021 HVAC! OVER $100K in additions & upgrades since 2022, including a 2024 ROOF, a fenced-in back yard, a BARN with a 2-HORSE STALL & a WATER CONNECTION, a 30'x40' WORKSHOP with ELECTRICAL CONDUIT and a 12' LEAN-TO PARKING SPACE, a 2nd DRIVEWAY leading through a gate to the workshop & barn area, a fence ON 3 SIDES of the perimeter of the property, a CROSS FENCED 100'X200' SANDY LOAM SOIL PADDOCK for cattle or horses, a 30' x 40' dirt pad adjacent to the house for a future 2nd garage, and plenty of added MAJESTIC trees including 2 CAMPHOR trees and EVERGREEN CHINESE HOLLY BUSHES! Pls see the List of upgrades, floor plan & survey uploaded into the Documents Section of HAR. THIS IS A RARE FIND! MAKE YOUR OFFER TODAY!
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| Feb 18, 2022 | Sold | ||
| Sold | |||
| Dec 22, 2021 | Listed by RE/MAX Crossroads Realty | $550,000 | |
| Listed by RE/MAX Crossroads Realty | |||
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Northside home on 4.95 acres. Easy access to I-45 and FM 646. Ranch style home ready for a new owner! Plenty of acreage to build a workshop or bigger barn.
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Last Updated: 5 months ago
Data Source: HAR , MLS# 69939879
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017