21
Map
1415 Rhode Avenue
About This Property
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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 |
|---|---|---|---|
| Jun 12, 2026 | Sold | ||
| Sold | |||
| Feb 26, 2026 | In contract | - | |
| In contract | |||
| Feb 19, 2026 | Listed by Signature Premier Properties | $1,199,000 | |
| Listed by Signature Premier Properties | |||
| Apr 12, 2025 | No longer available | - | |
| No longer available | |||
| Mar 10, 2025 | Listed by David R Maltz And Co Inc | $440,000 | |
| Listed by David R Maltz And Co Inc | |||
| | |||
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Online Auction: 2 Family Merrick Home. Bidding opens 4/7 at 1:00 pm & Ends 4/9 at 1:00 pm (appx). The listing price of $440,000 represents the Opening Bid Amount Only. Please conduct due diligence as the property sells "as-is" and the information provided is not guaranteed to be accurate. Bidder must send in signed Terms and Conditions of Sale, signed Online Bidding Form, and a $44,000 deposit to be approved for bidding.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017