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145 Masten 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 |
|---|---|---|---|
| Nov 13, 2025 | Price Increased |
$4,000,000
↑ $900K
(29%) | |
| Price Increased | |||
| Aug 28, 2025 | Price Decreased |
$3,100,000
↓ $900K
(22.5%) | |
| Price Decreased | |||
| Aug 8, 2025 | Listed by Legacy Real Estate & Associates | $4,000,000 | |
| Listed by Legacy Real Estate & Associates | |||
| May 16, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | Listed by Intero Real Estate Services | $1,100,000 | |
| Listed by Intero Real Estate Services | |||
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Nicely sized and located parcel with many potential uses, including a winery! Currently leased for row crops, but is zoned Rural Residential (RR) and potentially could be split. Create a winery and take advantage of the nearby freeway access. Or, build a home with lots of room for equestrian development or plant a vineyard. The county says an up to 1200 square foot ADU could be added. Potentially split the lot and build two homes. Agricultural well with electricity on site.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017