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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%.
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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.
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 |
|---|---|---|---|
| Sep 24, 2026 | Price Decreased |
$1,388,000
↓ $100K
(6.7%) | |
| Price Decreased | |||
| Jul 29, 2026 | Listed by EXP Realty | $1,488,000 | |
| Listed by EXP Realty | |||
| Jul 15, 2026 | Listed by EXP Realty | $1,488,000 | |
| Listed by EXP Realty | |||
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This truly historic home with mature landscape can be sold with or without furnishings with strong enough offer. The primary lot that is built on is 4.01 acres offers an existing lot mostly cleared with the home and business on it. The separate lot included in the sale is 2.81 acres it is a buildable lot and shares the driveway entrance with the first lot. Attached is a business space you can thrive in with high traffic count directly on Route 125 and your living quarters are in a separate attached dwelling. Have you been contemplating taking your hobby to a real $$ making business? This could be "The One". This popular ice cream business has been quite popular to the public for years. Nearly all the ice cream making and serving equipment is in place to start up again or convert it to another business and could be available. Res/Com Zoning gives you multiple possibilities for what you determine is the highest and best use to take advantage of the high traffic count passing. There is a nice border of thick evergreen shrubs to give you some privacy in the residence. The home has some truly unique features like exotic woods and upgraded trim package in "Old World" style so it is not just another cookie cutter property. Put this one on your Must View & be All-In!
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| May 14, 2026 | Listed by New Space Real Estate, LLC | $1,198,000 | |
| Listed by New Space Real Estate, LLC | |||
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Once-in-a-Lifetime Opportunity! Step into the spotlight with this jaw-dropping, fully renovated antique Colonial—perfectly positioned on Route 125’s fastest-growing corridor in Barrington! Sitting pretty on 6.82 acres, this estate boasts 441’ of high-visibility frontage, a massive commercial parking lot, and coveted RC zoning for unlimited possibilities. Inside, nearly 3,000 SF of sun-drenched, stylish living space wows with rich hardwood floors, a crackling fireplace, two inviting living rooms, elegant dining, a chef-worthy kitchen with pantry, and a spa-inspired master suite (teak floors, soaking tub, walk-in shower!). Need more space? The finished 3rd floor is your blank canvas—think office, gym, or game room. RC Zoning, Residential + Commercial Goldmine, Multi-gen living & private entrances, Live it. Lease it. Grow it. Develop it. This is your chance to make a splash—zoned, ready, and waiting for your bold vision!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017