1471 MITCHELL Street
About This Property
This spacious 4-bedroom, 2-bathroom property is a fantastic opportunity for investors.
Equipped with a new AC unit installed in June 2024 and a microwave replaced in September 2024.
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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 |
|---|---|---|---|
| Oct 29, 2025 | Sold | ||
| Sold | |||
| Sep 23, 2025 | In contract | - | |
| In contract | |||
| Aug 4, 2025 | Price Decreased |
$139,500
↓ $19K
(11.7%) | |
| Price Decreased | |||
| Jul 8, 2025 | Relisted | $158,000 | |
| Relisted | |||
| Jun 30, 2025 | In contract | - | |
| In contract | |||
Property Highlights
Building Info
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Price/ft²
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About Moncrief Park
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,500 /mo
- 4 Beds
- 2 Baths
- 1,344 ft²
$1,425 /mo
- 4 Beds
- 2 Baths
- 1,300 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017